With Nissan chief Carlos Ghosn possibly becoming impatient with GM after GM CEO Rick Wagoner reported asked Ghosn to pony up billions for a possible GM-Nissan allaince, could Ghosn move over to Ford? Possibly -- the enigmatic Ghosn, who has been credited with "saving" Nissan, runs that company along with France's Renault. He's a hot property these days because he knows how to get things done and turn floundering businesses around. Nissan's proof of that beyond any doubts.
Why is Ghosn so eager to make an alliance with a struggling U.S. automaker? Don't think it's coming out of nowhere -- an alliance, if structured properly, would be -- above all -- meant to give great returns to Nissan shareholders above all. Otherwise, why strike an alliance at all?
Bill Ford, Jr., the former CEO of Ford Motor, reported contacted Ghosn a year ago to solicit his interest in possibly running the company, but Ghosn declined. However, Ghosn apparently sees quite a bit of locked-up value in the North American market, some of which he would like to tap into through an alliance. Said Ghosn at the Paris Auto Show, happening this week, "I said from the beginning that the expansion of the alliance in North America makes sense ... there is a lot of value there."
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Reader Comments (Page 1 of 1)
9-28-2006 @ 1:45PM
Creig E. Miller said...
Around here ( So. Cal.) Nissan is looking a little long in the tooth with it's models. Almost as bad as Ford. Could Nissan's fall be far behind?