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GM & Nissan/Renault end alliance talks.

1417 Views 4 Replies 5 Participants Last post by  gavin, 
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Source: Reuters

PARIS (Reuters) - French carmaker Renault (RENA.PA: Quote, Profile, Research) had no comment on Wednesday on a report on the online edition of the Wall Street Journal that alliance talks with General Motors Corp (GM.N: Quote, Profile, Research) had ended.
The paper said, in a brief item on its Website, that the chief executives of GM and Renault-Nissan (7201.T: Quote, NEWS, Research) had terminated talks about a possible globe-spanning alliance, based on an unnamed person familiar with the situation.
"We have no comment," Renault spokeswoman Claire Martin said.
There was a board meeting at General Motors on Tuesday and afterwards the company did not make any statements regarding the alliance talks which had a mid-October deadline.
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OverAnxious
No real shocker there. Now people can continue to talk about the rumor GM and Ford will merge :lol:
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OctaneZ28
Good. :)

I didn't really expect anything to happen, but it's still good that the talks are officially over.
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Gonna be a 5th gen owner
I am glad because nothing will get in the way of gm's return to the top now!
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gavin
i dunno it would be cool if ford and gm would combine...... intersting things could be made like a Saleen Camaro LOL that would b something :) ...but if they had i wonder how the camaro and mustang battles would be handeld
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