Corpserodeo666 Posted July 11, 2006 Report Share Posted July 11, 2006 I heard from a buddy of mine that GM was bought out by Nissan. I don't know if this is true or not but I sure would like to get this cleared up. If any one has news about this that would be wonderful. Thanks. Quote Link to comment Share on other sites More sharing options...
Admin Mervz Posted July 11, 2006 Admin Report Share Posted July 11, 2006 GM, Nissan, and Renault are discussing an alliance. Nothing has happened and probably won't for a bit. Part of the details floating around include Nissan acquiring a 20% stake in GM for $3 billion. Quote Link to comment Share on other sites More sharing options...
StealthSS Posted July 11, 2006 Report Share Posted July 11, 2006 Anything but freaking Renault...I still have nightmares about the Eagle Medallion, Eagle Premier, and Renault Alliance/Encore (anybody here ever done a Recall 541 on one of those p.o.s.?) Not to say they dont make decent cars _now_ but you will still never see me in one. I see no upside to this alliance. Ford already tried to help out Nissan, and sold cars for them in Europe and Australia in the 80's and 90's. They pulled out last year I think. Quote Link to comment Share on other sites More sharing options...
Xero Posted July 11, 2006 Report Share Posted July 11, 2006 i wish GM would buy peugeot! that would rock!! Quote Link to comment Share on other sites More sharing options...
NorCalSS Posted July 11, 2006 Report Share Posted July 11, 2006 here are some news links floating around if you want some info- Renault, Nissan, GM to hold talks for alliance Nissan's rating could suffer from GM deal: Fitch Possible GM, Renault, Nissan alliance raises questions Quote Link to comment Share on other sites More sharing options...
orion :: SS Posted July 12, 2006 Report Share Posted July 12, 2006 Ford already tried to help out Nissan, and sold cars for them in Europe and Australia in the 80's and 90's. They pulled out last year I think. <{POST_SNAPBACK}> Keep in mind...this is the other way around. GM needs the help from Nissan. Nissan is currently solid, thanks to Ghosn. GM is hurting...but sounds like they will both benefit. - Brian Quote Link to comment Share on other sites More sharing options...
drako Posted July 12, 2006 Report Share Posted July 12, 2006 gm will def benefit. when they announced this GM stock when up 8%. GM is in need of help they got to big and where spending to much money compared to everyone else. hopefully the merger will be good for all of us Quote Link to comment Share on other sites More sharing options...
ssfromsd Posted July 13, 2006 Report Share Posted July 13, 2006 Just imagine nismo ss's!!! LUCKY!!! fluck that shat imo Quote Link to comment Share on other sites More sharing options...
drako Posted July 13, 2006 Report Share Posted July 13, 2006 well gm used to have 20% stock in subaru supposedly i hear thats where some f the awd tech comes from. daimler benefited greatly from the merger with benz. im looking it at a economic/business prespective. GM is hurting but lately they are starting to come around Quote Link to comment Share on other sites More sharing options...
packjh Posted July 13, 2006 Report Share Posted July 13, 2006 hmm maybe this will mean i can get the skyline GT what a bad @$$ car twin turbo inline six even tho it is the japanese flagship car kinda like the vette Quote Link to comment Share on other sites More sharing options...
sswolfpac Posted July 13, 2006 Report Share Posted July 13, 2006 my favorite car to Quote Link to comment Share on other sites More sharing options...
sswolfpac Posted July 13, 2006 Report Share Posted July 13, 2006 my favorite car to Quote Link to comment Share on other sites More sharing options...
sswolfpac Posted July 13, 2006 Report Share Posted July 13, 2006 my favorite car to Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.