Nissan to purchase "a significant minority interest" in General Motors
Registered User
Joined: Feb 2005
Posts: 888
From: La Porte City, Iowa
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by JasonK94Z
Have you been smoking crack? Thats the most dumbass thing I have heard all day.
Registered User
Joined: Sep 1998
Posts: 4,320
From: Memphis
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by JasonK94Z
Have you been smoking crack? Thats the most dumbass thing I have heard all day.Well, here's a start:
http://www.jdpower.com/presspass/pr/images/2005089a.gif
http://www.jdpower.com/autos/brand-ratings/
And for good measure we'll see what the Euro boy's surveys are saying:
http://www.whatcar.com/NonCar/134555622.jpg
http://www.whatcar.com/NonCar/134555445.jpg
Registered User
Joined: Mar 1999
Posts: 583
From: Moore, OK
Re: Nissan to purchase "a significant minority interest" in General Motors
i'm just speaking from experience. I have owned 3 Nissans now. My wife currently has a brand new Xterra. All 3 of these vehicles were 100% trouble free. I on the other hand have have 3 Chevrolets. All 3 have been sh*t, including the 3rd one which is in my sig. The quality at GM sucks.
You may go back to tossing salads now Threxx.
You may go back to tossing salads now Threxx.
Last edited by JasonK94Z; Jun 30, 2006 at 04:34 PM.
Registered User
Joined: Aug 2001
Posts: 2,400
From: Michigan's left coast
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by formula79
I am fully against this. What gains are their to be had anyway?
Kerkorian is an ***, and in the end is out to make back his investment.
But, yes, it does seem as if he's resorting to "trickery" as a means to bump up GM's stock to the inflated number at which he bought it.
Registered User
Joined: Sep 1998
Posts: 4,320
From: Memphis
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by JasonK94Z
i'm just speaking from experience. I have owned 3 Nissans now. My wife currently has a brand new Xterra. All 3 of these vehicles were 100% trouble free. I on the other hand have have 3 Chevrolets. All 3 have been sh*t, including the 3rd one which is in my sig. The quality at GM sucks.
You may go back to tossing salads now Threxx.
You may go back to tossing salads now Threxx.
Acting like your personal experience is factually indicitive of the average consumer's experience simply proves your short-sightedness in the matter.
Tossing salads? I believe you've proven to be quite the spontaneous flamer already, but thanks.
Registered User
Joined: Aug 2000
Posts: 6,165
From: Sterling Heights, MI
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by JasonK94Z
i'm just speaking from experience. I have owned 3 Nissans now. My wife currently has a brand new Xterra. All 3 of these vehicles were 100% trouble free. I on the other hand have have 3 Chevrolets. All 3 have been sh*t, including the 3rd one which is in my sig. The quality at GM sucks.
By the way, Nissan owning any piece of GM scares the crap out of me.
Registered User
Joined: Jul 2001
Posts: 1,808
From: FL/MI
Re: Nissan to purchase "a significant minority interest" in General Motors
If folks here have issues with beancounters? Ghosn is maximum Mr. Bean...
He's also quite popular with the execs and employees of Nissan in the closing California corporate headquaters. < sarcasm > Just count how many happy ones are willing to move to TN as Ghosn has mandated.
Nissan and a company that left here on a slab after numerous years of not capturing the american car enthusiast's imagination. . . I would hope this wouldn't get consideration from GM.
Ghosn in a recent quote rergarding Renault:
"The current product lineup is too narrow. Renault has only a limited presence in luxury cars and is absent from the most innovative segments, such as SUVs, 4X4s and sports cars. Our brand image could be much stronger and our international management a lot more efficient. Lastly, we are not sufficiently focused on customers and profit. All these areas represent opportunities for progress for Renault."
He's also quite popular with the execs and employees of Nissan in the closing California corporate headquaters. < sarcasm > Just count how many happy ones are willing to move to TN as Ghosn has mandated.
Nissan and a company that left here on a slab after numerous years of not capturing the american car enthusiast's imagination. . . I would hope this wouldn't get consideration from GM.
Ghosn in a recent quote rergarding Renault:
"The current product lineup is too narrow. Renault has only a limited presence in luxury cars and is absent from the most innovative segments, such as SUVs, 4X4s and sports cars. Our brand image could be much stronger and our international management a lot more efficient. Lastly, we are not sufficiently focused on customers and profit. All these areas represent opportunities for progress for Renault."
Last edited by 1fastdog; Jul 1, 2006 at 12:13 PM.
Registered User
Joined: Mar 2001
Posts: 3,121
From: Houston
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by formula79
I am fully against this. What gains are their to be had anyway? Nissan makes like 18 models off of 3 platforms, with two engines. Not like there is anymore of a way to badge engineering that can be squeezed out of that rock. Furthermore, I can really see no gains in powertrain because GM Powertrain is quite simply on of the best in the world at that.
I also do not see how Nissan is more efficiant or makes higher quality cars than GM either. GM is about as efficiant as an automaker can be in all honesty. In the end, I see nothing out there for GM to learn from Nissan that is worth giving up 20% control. While GM does not just have cash laying around, I do not see $3 billion as worth the hassle of integrating two very different companies and having more people to answer to.
GM's biggest problem is legacy costs, and no merger will ever fix that...only a maybe government sponsored correction.
Kerkorian is an ***, and in the end is out to make back his investment. He did no good at DCX, and will do no good a GM. I am willing to bet that he knows GM's board will not approve this, but went public with it anyway to look like he knows something everyone doesn't know, and more importantly, make the stock have a nice quick jump.
I also do not see how Nissan is more efficiant or makes higher quality cars than GM either. GM is about as efficiant as an automaker can be in all honesty. In the end, I see nothing out there for GM to learn from Nissan that is worth giving up 20% control. While GM does not just have cash laying around, I do not see $3 billion as worth the hassle of integrating two very different companies and having more people to answer to.
GM's biggest problem is legacy costs, and no merger will ever fix that...only a maybe government sponsored correction.
Kerkorian is an ***, and in the end is out to make back his investment. He did no good at DCX, and will do no good a GM. I am willing to bet that he knows GM's board will not approve this, but went public with it anyway to look like he knows something everyone doesn't know, and more importantly, make the stock have a nice quick jump.
Registered User
Joined: Jun 2001
Posts: 169
From: Calgary, AB, Canada
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by JasonK94Z
i'm just speaking from experience. I have owned 3 Nissans now. My wife currently has a brand new Xterra. All 3 of these vehicles were 100% trouble free. I on the other hand have have 3 Chevrolets. All 3 have been sh*t, including the 3rd one which is in my sig. The quality at GM sucks.
You may go back to tossing salads now Threxx.
You may go back to tossing salads now Threxx.
edit:On topic here, this is only the wish of captain Kirk. It was more than likely a ploy to up the stock price so that he could sell some at a profit.
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Joined: Mar 2001
Posts: 13,713
From: The Golden State
Re: Nissan to purchase "a significant minority interest" in General Motors
One question.
Does GM get Nissan's FM RWD chassis out of this (G35 coupe & sedan, Nissan Skyline, and the 350Z)?
If yes, I'm all for it (6th gen Camaro & a line of mid-size RWD cars).
If no, then what's the purpose?
Does GM get Nissan's FM RWD chassis out of this (G35 coupe & sedan, Nissan Skyline, and the 350Z)?
If yes, I'm all for it (6th gen Camaro & a line of mid-size RWD cars).
If no, then what's the purpose?
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Joined: Dec 1999
Posts: 753
From: Annapolis Md. USA
Re: Nissan to purchase "a significant minority interest" in General Motors
I know recently in the past few yearsthat Nissan was the most profitable car company, but not sure if they still hold the lead??
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Joined: Apr 2001
Posts: 3,698
From: USA
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by 2MCHPSI
I know recently in the past few yearsthat Nissan was the most profitable car company, but not sure if they still hold the lead??
That's easy when you make 18 models off three platforms and two engines. Their gains have been really slowing though because they developed their current line of cars quick and dirty, which has hurt quality pretty bad. They are saying the Altima is all new, but it looks pretty much the same?
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Joined: Mar 2005
Posts: 3,123
From: Melbourne, Australia
Re: Nissan to purchase "a significant minority interest" in General Motors
Originally Posted by guionM
One question.
Does GM get Nissan's FM RWD chassis out of this (G35 coupe & sedan, Nissan Skyline, and the 350Z)?
If yes, I'm all for it (6th gen Camaro & a line of mid-size RWD cars).
If no, then what's the purpose?
Does GM get Nissan's FM RWD chassis out of this (G35 coupe & sedan, Nissan Skyline, and the 350Z)?
If yes, I'm all for it (6th gen Camaro & a line of mid-size RWD cars).
If no, then what's the purpose?
Anyway, wouldn't Camaro be delayed if based on a new platform?
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Joined: Sep 2004
Posts: 1,597
From: Mack and Bewick
Re: Nissan to purchase "a significant minority interest" in General Motors
There is nothing GM could learn from Nissan that would require purchasing them, or vice versa.
If they could get as much mileage out of thier platforms, that would be good. As stated their one RWD platform is everything from 350Z to FX45, Sigma was supposed to be that flexible but doesen't quite make it.
If they could get as much mileage out of thier platforms, that would be good. As stated their one RWD platform is everything from 350Z to FX45, Sigma was supposed to be that flexible but doesen't quite make it.