Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums -
BeckyD @ James Martin Chevy
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - > Members Area > General Automotive + Other Cars Discussion

Thread Tools
Old 11-03-2008, 02:37 PM   #1

camaro5's Avatar
Drives: 2019 ?
Join Date: Mar 2008
Location: SW Florida
Posts: 4,553
Chrysler stops talks with Nissan/Renault in favor of GM

If Cerberus is ever going to shed itself of Chrysler, it looks like a deal will happen with soon-to-be former rival General Motors. Automotive News is reporting that no further talks have been scheduled between Nissan/Renault and the Auburn Hills-based automaker, as Cerberus has determined that the General can provide a sweeter deal that may also be better for the auto industry. It doesn't help that Nissan/Renault CEO Carlos Ghosn has decried that a deal between the two doesn't make sense during these shaky economic times.

We've never been at the table of a multi-billion dollar negotiation before, but we're pretty sure it's better to be sitting across the table from more than one company that wants what you've got. At this point, the once preposterous idea of GM merging with/buying/devouring Chrysler seems likely, and only a presidential election and a few billion dollars stand in the way of its completion.
Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge

General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer

camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever,
whether express, implied, or statutory, including, but not limited to,
any warranty of merchantability or fitness for a particular purpose or any warranty that the contents of the information will be error-free.
camaro5 is offline   Reply With Quote
Old 11-03-2008, 02:58 PM   #2
Not That sad..considering
headpunter's Avatar
Drives: Man
Join Date: Aug 2007
Location: the part of washington the capital forgot about.
Posts: 3,747
Send a message via AIM to headpunter
woot woooot......come on find the money somewhere....
headpunter is offline   Reply With Quote

Thread Tools

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

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
GM and Chrysler to merge? 65bus General Automotive + Other Cars Discussion 81 10-22-2008 08:56 AM
Lifetime Powertrain Waranty....from Chrysler?!!? Mr. Wyndham General Automotive + Other Cars Discussion 22 08-16-2007 04:16 PM
Bob Nardelli to be Chrysler's new CEO Mr. Wyndham Off-topic Discussions 0 08-05-2007 11:51 PM
Chrysler SOLD! Urthman General Automotive + Other Cars Discussion 3 05-14-2007 01:33 PM
Iacocca rips auto industry, warns: Don't sell Chrysler KILLER74Z28 General Automotive + Other Cars Discussion 6 04-13-2007 11:38 PM

All times are GMT -5. The time now is 01:20 AM.

Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions, Inc.