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Auto Alliance Talks Suspend Over Premium to GM

CEO reportedly still open to alternate North American Alliance

A dispute over the terms Nissan-Renault posed to GM has lend to the end of talks between the three companies. Carlos Ghosn, chief executive of both corporations, said before the talks ended that he’d still consder working with another North American company if talks didn’t work out.

Speculative reports point at Ford Motor Company, as they have recently posed the notion to pursue talks with Nissan-Renault.

From an article in the LA Times:

"Assuming he was sincere, Ford looks like the next candidate for the job," Banc of America Securities analyst Ron Tadross wrote in a note to investors Wednesday.

Read more in the International Herald Times.

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Posted on Friday, October 6th, 2006 at 6:37 pm In Auto Warranty  


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