India Broadband

Forum

 

Rick Wagoner finds the GM-Nissan-Renault proposal interesting

This is a discussion on Rick Wagoner finds the GM-Nissan-Renault proposal interesting within the News from the Tech and IT World forums, part of the News and views category; Rick Wagoner finds the GM-Nissan-Renault proposal interesting General Motors Chief Executive Rick Wagoner has said that he finds the idea ...


Go Back   India Broadband Forum > Daily dose of technology > News and views > News from the Tech and IT World

Register Blogs FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply

 

LinkBack Thread Tools Display Modes
Old 16-07-2006, 12:52 AM   #1
 
Admin's Avatar
 
Join Date: Jan 2006
Location: New Delhi
Age: 31
Posts: 3,653
Rep Power: 10 Admin is on a distinguished road
Default Rick Wagoner finds the GM-Nissan-Renault proposal interesting

Rick Wagoner finds the GM-Nissan-Renault proposal interesting
General Motors Chief Executive Rick Wagoner has said that he finds the idea of cooperation between GM and Nissan-Renault very interesting. He added that the company would be giving its full consideration to this proposal put forward by Kirk Kerkorian.
The GM’s board of director has appointed Wagoner to lead the consideration of a possible alliance of these three automakers.
Wagoner is now looking forward to a meeting with Nissan-Renault Chief Executive Carlos Ghosn.
Rick Wagoner was speaking with media group CNBC when he said: “It’s an interesting idea. We look forward to sitting down with Carlos Ghosn soon.”
He further added: “When this idea was presented, we said we’ll take a good look at it. We are looking forward to sitting down. Our minds are completely open.”
GM is struggling badly in the US market with Japanese automakers like Toyota and Honda bring in massive sales in this market. The company is cutting jobs and closing down loss making plants.
The proposal from the GM’s largest single stockholder calls for Nissan and Renault to take a minor stake in GM. It also suggests that the three companies to work together to build vehicles and share the costs of developing new products and buying components.
Admin is offline   Reply With Quote
Reply

Bookmarks

Tags
finds, gmnissanrenault, proposal, rick, wagoner


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads

Thread Thread Starter Forum Replies Last Post
GM, Nissan and Renault to study possibility of an alliance for 90 days India Broadband News from the Tech and IT World 0 18-07-2006 02:41 AM
GM, Nissan and Renault to study possibility of an alliance for 90 days Admin News from the Tech and IT World 0 16-07-2006 02:18 AM


All times are GMT +5.5. The time now is 10:15 AM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0
India Broadband Forum