# Nissan-Renault to save General Motors sinking Titanic ??
OcceanDrive
03-07-2006, 05:33
Comment: or maybe it cannot be saved.
Last Updated Fri, 30 Jun 2006 16:34:47 EDT
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In a letter to GM Friday, Kerkorian urged the Detroit automaker to "immediately and fully explore this opportunity together with management" as it could help GM "realize substantial synergies and cost savings and thereby greatly benefit the company and enhance shareholder value."
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"As we recently discussed with [Nissan chairman Carlos] Ghosn, Tracinda believes that General Motors, Renault and Nissan should explore a three-company, partnership-based alliance," he said.
Shareholders of the financially troubled GM apparently agree. Company shares increased $2.35, or 8.6 per cent.
Ginnoria
03-07-2006, 05:38
As General Motors goes, so goes the country.
Cannot think of a name
03-07-2006, 05:39
Maybe they could start offering cars that effectively compete with things like the Prius, Yaris, Fit etc. instead of making bigger and bigger trucks and reintroducing muscle cars during a time that remembles what killed the muscle car in the first place. I didn't even need managment seminar words for that one...
OcceanDrive
03-07-2006, 05:45
http://en.wikipedia.org/wiki/General_Motors_Corporation
OcceanDrive
03-07-2006, 05:49
Maybe they could start offering cars that effectively compete with things like the Prius, Yaris, Fit etc. instead of making bigger and bigger trucks and reintroducing muscle cars during a time that remembles what killed the muscle car in the first place. I didn't even need managment seminar words for that one...exactamente.. (my feelings too)
Aryavartha
03-07-2006, 06:02
GM is fucked unless they bite the bullet and do a drastic BPR (Business Process Re-engineering) like droping off non-core competency operations, adopting lean practices, investing in hybrid and other fuel saving cars etc...
Cannot think of a name
03-07-2006, 06:13
exactamente.. (my feelings too)
This is one of the irratating shell games of the E85 that has begun to bother me. I'm starting to sound like PsychoticDan here but fuck it, just because you want someone to be wrong doesn't mean that they are.
There is an average fuel efficiency standard that states that the cars released for sale in the US from one company must have an average MPG, I don't have it on hand but the naked GM doesn't make it. Enter the flex fuel E85 cars. Even though E85 cars and truck get worse mileage on E85, their MPG average is only calculated on the 15% gasoline in the fuel, thus massively skewing the overall average that allows them to put Suburbans on the road and still hit the federal minimum MPG average. The more I learn about E85 the more it looks like smoke and mirrors.
There are others that don't seem to be going about it without it being 'just teh motions,' such as Brazil, but in the US it seems like someone trying to sell you your watch.