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Wednesday, July 05, 2006

GM and Nissan CEO's To Meet in July


July 5, 2006

This news rocked the auto industry last week, and now the information is flowing about a possible alliance between some big players in the auto industry.

Reuters is reporting that the CEO's for GM and Nissan will be meeting to discuss a possible alliance in which Nissan and Renault would buy a 20% stake in General Motors.

Just what such an alliance would have on satellite radio is yet to be determined, but that does not stop a lot of speculation amongst investors.

Interested SSG readers can read the story HERE

7/05/2006 12:22:00 PM


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