Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely

**Ming** · 07-31-2006, 06:44 PM

Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely
Jul 31st, 2006
John Bethel
http://transport.seekingalpha.com/article/14702

James Mackintosh of the Financial Times sat down in Paris to interview Nissan CEO Carlos Ghosn.

Ghosn pushes the notion of cross-equity stakes between General Motors, Nissan and Renault, saying, "Agreements without shareholdings are usually temporary and short-lived. You don't go to the depth of the synergies because you have always the suspicion that this is going to end at a certain point."

But this part at the end catches my eye:

Mr Ghosn said this week he believed the benefits of a tie-up would be billions of dollars but a deal would proceed only if the benefits outweighed the risks by ten to one.

Ten to one? That strikes some analysts as high. And I can't help but wonder if Ghosn is setting the bar too high on purpose, so everyone can eventually walk away from the proposed alliance with their heads held high.

Ghosn has already been quoted as saying the alliance wouldn't have him running GM. Then GM announced better-than-expected results.

Perhaps the urgency to "do something" -- the much discussed GM-Nissan-Renault alliance -- is dissipating. Especially among GM's major shareholders.

Source: http://transport.seekingalpha.com/article/14702

paul3230 · 07-31-2006, 07:01 PM

Not really telling us anything we don't already know...but it just highlights how the media is really starting to see through this whole "alliance" bs.

dmaxpwr · 07-31-2006, 07:06 PM

Awesome..I like articles like this!

**nadepalma** · 07-31-2006, 07:08 PM

I hope this is the case. The better GM's financial situation becomes, the more unlikely I think it will be for GM shareholders to consider this alliance. We know they have 90 days to consider the alliance and by then it will close to the Q3 returns -- so who knows.

Greg Burr · 07-31-2006, 07:19 PM

Sorry, Charlie!

(Could he be the antichrist?)

Driveshaft · 07-31-2006, 07:28 PM

Nice headline!

jbartley · 07-31-2006, 07:44 PM

that's one of the gayest pictures i've ever seen!

i expect him to go "shhhh i'm gonna tell you a secret..."

rsbaker · 07-31-2006, 08:02 PM

This is the best news I've heard all day! The sooner this "Alliance" talk is over the better!

casket_demon · 07-31-2006, 08:50 PM

Do U think he dyes his hair?

Greg Burr · 07-31-2006, 08:55 PM

Quote:

Originally Posted by casket_demon

Do U think he dyes his hair?

Of course. For all execs at that stage of life, they all do.

mbukukanyau · 07-31-2006, 08:56 PM

Quote:

Originally Posted by Ming

Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely
Jul 31st, 2006
John Bethel
http://transport.seekingalpha.com/article/14702

Source: http://transport.seekingalpha.com/article/14702

Is it me or does this man look like Hosni Mubarak below him

tomcat_cool17 · 07-31-2006, 09:00 PM

Sounds like Ghosn is playing against Kerkorian, and backing out, which is good, and no dignity lost.

jbartley · 07-31-2006, 10:05 PM

Quote:

Originally Posted by Ming

[size="4"]

I think he looks more like this...

"shhhhh, i'm going to tell Wagoner a secret..."

casket_demon · 07-31-2006, 10:50 PM

Quote:

Originally Posted by Greg Burr

Of course. For all execs at that stage of life, they all do.

Why??...to look younger?...he still looks old to me.

asim · 07-31-2006, 11:02 PM

Quote:

Originally Posted by dmaxpwr

Awesome..I like articles like this!

Hahaha, cool!

07-31-2006, 06:44 PM	#1 (permalink)
Ming GMI Staff Member Join Date: Jan 2003 Location: SE Texas Posts: 13,430	Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Jul 31st, 2006 John Bethel http://transport.seekingalpha.com/article/14702 James Mackintosh of the Financial Times sat down in Paris to interview Nissan CEO Carlos Ghosn. Ghosn pushes the notion of cross-equity stakes between General Motors, Nissan and Renault, saying, "Agreements without shareholdings are usually temporary and short-lived. You don't go to the depth of the synergies because you have always the suspicion that this is going to end at a certain point." But this part at the end catches my eye: Mr Ghosn said this week he believed the benefits of a tie-up would be billions of dollars but a deal would proceed only if the benefits outweighed the risks by ten to one. Ten to one? That strikes some analysts as high. And I can't help but wonder if Ghosn is setting the bar too high on purpose, so everyone can eventually walk away from the proposed alliance with their heads held high. Ghosn has already been quoted as saying the alliance wouldn't have him running GM. Then GM announced better-than-expected results. Perhaps the urgency to "do something" -- the much discussed GM-Nissan-Renault alliance -- is dissipating. Especially among GM's major shareholders. Source: http://transport.seekingalpha.com/article/14702 __________________ The Latest: Step by Step - How to Play Commodore 64 Games on a PC

07-31-2006, 07:01 PM	#2 (permalink)
paul3230 6.0 Liter Vortec V8 Join Date: Mar 2003 Location: Illinois Posts: 1,721	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Not really telling us anything we don't already know...but it just highlights how the media is really starting to see through this whole "alliance" bs. __________________

07-31-2006, 07:06 PM	#3 (permalink)
dmaxpwr 2.4 Liter ECOTEC Join Date: Aug 2005 Location: New Hampshire Drives: 2005 3500 4x42006 Black Chevy 3500 DRW LBZ/Alli CC Posts: 103	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Awesome..I like articles like this! __________________ 2007.5 White Chevy 3500 DRW LMM Alli EXT LTZ 4x4 Sunroof/NAV, 9' Fisher X-Blade SS Plow Previous Vehicles: 2006 Black Chevy 3500 DRW LBZ/Alli Sunroof/DVD CC LT3 4x4 2005 Silver Birch Metallic DRW LLY Alli CC LT(3) 4X4 (don't miss this) 2003 MCS Indi-Blue, 6SPD Manual, sport, performance packages (I really Miss this vehicle) 1994 Chevy Silverado Reg Cab 3500 Black on silver 6.5TD 5spd Manual (don't really miss this)

07-31-2006, 07:08 PM	#4 (permalink)
nadepalma GMI Staff Member Join Date: Jan 2003 Location: NJ Posts: 5,646	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely I hope this is the case. The better GM's financial situation becomes, the more unlikely I think it will be for GM shareholders to consider this alliance. We know they have 90 days to consider the alliance and by then it will close to the Q3 returns -- so who knows. __________________ Email: nadepalma@gminsidenews.com "La vita è come un albero di Natale..c'è sempre qualcuno che ti rompe le palle!" "You cannot help men permanently by doing for them what they could and should do for themselves" -Abraham Lincoln "Democracy is the worst form of government except for all those others that have been tried" -Winston Churchill "In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a Congress" -John Adams

07-31-2006, 07:19 PM	#5 (permalink)
Greg Burr 3.8 Liter Supercharged V6 Join Date: Mar 2006 Location: Los Angeles, CA Drives: 2003 Ford Escape XLT AWD Posts: 720	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Sorry, Charlie! (Could he be the antichrist?) Last edited by Greg Burr : 07-31-2006 at 07:59 PM.

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07-31-2006, 07:28 PM	#6 (permalink)
Driveshaft 3.8 Liter V6 Join Date: Jan 2005 Location: Denver, Colorado Drives: 1999 Jeep Wrangler Sport, Black Posts: 445	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Nice headline! __________________ --------------------- 1961 Ford Galaxie convertible 1981 Chevrolet Scottsdale 4X4 2008 Jeep Wrangler Unlimited Done with: 1999 Jeep Wrangler Sport YOU ALL EVERYBODY!

07-31-2006, 07:44 PM	#7 (permalink)
jbartley 6.0 Liter Vortec V8 Join Date: Dec 2003 Location: UF & JAX Posts: 1,919	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely that's one of the gayest pictures i've ever seen! i expect him to go "shhhh i'm gonna tell you a secret..."

07-31-2006, 08:02 PM	#8 (permalink)
rsbaker 5.3 Liter Vortec V8 Join Date: Jan 2003 Posts: 1,384	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely This is the best news I've heard all day! The sooner this "Alliance" talk is over the better!

07-31-2006, 08:50 PM	#9 (permalink)
casket_demon 6.0 Liter Vortec V8 Join Date: Jan 2003 Location: @ home in my room Posts: 1,938	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Do U think he dyes his hair? __________________ Current line up: 1987 Buick Regal S/W 1987 Pontiac Trans AM 1991 Pontiac Firebird Formula 1998 Ford Windstar 1998 Subaru Impreza Wagon 1998 Chevy Camaro Z-28 2004 Chevorlet Trailblazer And further down the road: 2k4 Cadillac CTS V. Those gone but not forgotten: 1991 Ford Taurus 1993 Chevy Lumina --ME--

07-31-2006, 09:00 PM	#12 (permalink)
tomcat_cool17 3.8 Liter V6 Join Date: Oct 2005 Location: Flint, MI Drives: 2007 Saturn Ion QC Posts: 414	Re: Going, Going, Ghosn? GM-Nissan-Renault Merger Seeming Increasingly Unlikely Sounds like Ghosn is playing against Kerkorian, and backing out, which is good, and no dignity lost.

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