Nissan and GM
Joined: Nov 2004
Posts: 19,619
Likes: 6
From: Nova Scotia, Canada
Nissan and GM
I'm not sure if this is a repost but here goes:
Nissan, GM and Renault terminate alliance discussions
Detroit, Michigan - General Motors, Renault and Nissan have issued a statement saying that they have agreed to terminate discussions regarding a proposed alliance among the three automakers.
The statement reads, "The parties mutually recognized that significant aggregate synergies might result from the alliance. However, the parties did not agree on either the total amount of aggregate synergies, or the distribution of those benefits. Based on its conclusions, GM had proposed that Renault-Nissan provide compensation as part of a potential alliance and for potentially precluding GM from entering other alliance opportunities if Renault-Nissan had made a significant investment in GM. Renault and Nissan consider that the principle of compensation is contrary to the spirit of any successful alliance."
Detroit, Michigan - General Motors, Renault and Nissan have issued a statement saying that they have agreed to terminate discussions regarding a proposed alliance among the three automakers.
The statement reads, "The parties mutually recognized that significant aggregate synergies might result from the alliance. However, the parties did not agree on either the total amount of aggregate synergies, or the distribution of those benefits. Based on its conclusions, GM had proposed that Renault-Nissan provide compensation as part of a potential alliance and for potentially precluding GM from entering other alliance opportunities if Renault-Nissan had made a significant investment in GM. Renault and Nissan consider that the principle of compensation is contrary to the spirit of any successful alliance."
Registered User
Joined: Jun 2006
Posts: 533
Likes: 3
From: Outside Seattle, WA
You guys know that it's not actually GM trying to get talks, it's Kerkoilsdisd, however you spell his name, the largest stock share holder for GM - 10% - who's now attempting to take over GM (and will be in for a biiiiig fight) GM also doesn't want these talks.
Thread
Thread Starter
Forum
Replies
Last Post
THMotorsports
Suspension-Vendor
257
Dec 18, 2018 05:43 PM
