Friday, September 22, 2006

Renault: Will It Be GM OR Ford (or GM AND Ford)?

Ford, Ghosn May Talk as GM-Renault Fades, People Say
By Jacqueline Simmons, John Lippert and Jeff Green, Sept. 22 (Bloomberg)

Carlos Ghosn's Renault SA and Nissan Motor Co. may start talks with Ford Motor Co. as prospects fade for a link with General Motors Corp., two people with knowledge of the discussions said. Executives from the Renault-Nissan team and Ford have been in touch in the past month about exploring a possible link, according to the people, who asked not to be named because the proceedings are private. William Clay Ford Jr. initially called Ghosn in July to discuss a partnership if the GM-Ghosn talks led nowhere, three people familiar with the matter said last month....READ MORE: HERE