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Kerkorian urges GM to consider partnersip with Renault/Nissan.

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Old Jun 30, 2006 | 08:35 AM
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Kerkorian urges GM to consider partnersip with Renault/Nissan.

http://www.bloomberg.com/apps/news?p...fnU&refer=home
Old Jun 30, 2006 | 08:40 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Hmm, that is an interesting proposition. I wonder if we could get some useful V-6 technology out of that.
Old Jun 30, 2006 | 09:39 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

I can't see what the synergies might be? We've moved on from acquisitions... we've yet to see cost savings in increased procurement and we've yet to see real examples of technology sharing.

The 3 companies couldn't be more different. I'm not saying it won't work, I'm just saying that it hasn't yet worked.
Old Jun 30, 2006 | 09:51 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Originally Posted by SSbaby
I can't see what the synergies might be?
Me neither.
Old Jun 30, 2006 | 10:02 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

We can't see what the synergies might be?

I think that's the point. As a business other companies shouldn't be able to see your next move. One should lead the trend, not follow it. Like I said, interesting.
Old Jun 30, 2006 | 10:14 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

I just saw an article, about how Nissan's big turnaround is kind of faltering now. Foo on Nissan. Why bother with them?
Old Jun 30, 2006 | 10:19 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Haha, I thought it said Kevorkian.
Old Jun 30, 2006 | 10:19 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

If the rape of GM by Fiat to the tune of $4B, hadn't netted a partnership in an advanced diesel engine, I might see a reason for a Renault tie-up.

Frankly, I can't see a reason for Renault to have influence over GM's future decision making process.

Interesting, but tread carefully.

Last edited by Z284ever; Jun 30, 2006 at 10:32 AM.
Old Jun 30, 2006 | 10:41 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Honestly, I think its a sad, sad day when the #1 American automaker teams up with a Japanese automaker and a French automaker.
Old Jun 30, 2006 | 10:58 AM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Bad JuJu. That would make no sense. Nissan and Infiniti already compete with GM core brands in the US. In Europe Renault competes with SAAB, Opel/Vauxhall, and in the future may compete with Caddy Europe. I am sorry GM has enough internal competition it doesn't need anymore. I would think York could explain this one away just talking to Kerkorian.
Old Jun 30, 2006 | 12:15 PM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Ghosn has a hard-on for turning around companies, but we dont know if he can sustain the positive momentium. Maybe he doesnt know either, and wants to get back to what he's good at. I see him and Wagoner butting heads way too much for anything productive to get done.
Old Jun 30, 2006 | 12:23 PM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

No, for all the reasons above.
Old Jun 30, 2006 | 12:58 PM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

The only good I can see in this is that today is a good day to sell GM stock bought in December.
Old Jun 30, 2006 | 01:08 PM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

All the talk has made GM's stock go up for sure...

Currently they are JUST above 30 dollars a share. Up about $2.50 a share, or about 10%.

Last edited by 35thCamaroZ28; Jun 30, 2006 at 11:05 PM.
Old Jun 30, 2006 | 01:36 PM
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Re: Kerkorian urges GM to consider partnersip with Renault/Nissan.

Originally Posted by 35thCamaroZ28
Up about 2.5%
You meant to type up $2.50 ... almost 10%.



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