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Ghosn seeking partnership with US automaker again


Ghosn seeking partnership with US automaker again

According to the French newspaper Le Parisien, Renault-Nissan CEO Carlos Ghosn is on the hunt again for a U.S. partner. Considering that talks with General Motors about a possible alliance fell through last year when neither side could agree on what the other's partnership was worth, Ghosn has only Ford and Chrysler to consider now. Ford Motor Company is consumed with the task of turning itself around, and Chrysler is still on its honeymoon with Cerberus Capital Management after being sold by Daimler, so we're not sure either automaker is in a state of mind to talk alliances at the moment. However, Ghosn knows there are economies of scale to be had and excess production capacity to be utlized on U.S. soil, so the maestro of mergers will still be looking to hold hands with one of our domestic automakers in the near future.

[Source: Motor Authority]

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