Nissan & Renault to Buy GM ?
06-30-2006, 06:59 AM
#1
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Join Date: Dec 2005
Location: Atlanta, GA
Posts: 47
Nissan & Renault to Buy GM ?
Whats the deal with this?
http://money.cnn.com/2006/06/30/news...ex.htm?cnn=yes
I wonder how the "quality" of our cars will change, if at all.
http://money.cnn.com/2006/06/30/news...ex.htm?cnn=yes
I wonder how the "quality" of our cars will change, if at all.
06-30-2006, 01:31 PM
#13
Senior Member
Join Date: Nov 2000
Posts: 3,883
Originally Posted by Kevlo911
I think ima go sell my car. Hello BMW!
I think it's business, neither here nor there for Nissan. For GM it's another story, a 10% shareholder just pumped his stock for 6%, nice deal. We all own GM in one way or another (mutual funds, 401k) so what's good for them is good for us. I doubt any of us own Nissan so it's not material what happens to them.
06-30-2006, 02:37 PM
#14
06-30-2006, 03:08 PM
#15
how would this effect Nissans negatively? MAYBE i could understand if GM was buying Nissan, but they arent. If nissan buys a 20% stake and helps them financially, if anything the quality of GMs cars may go up, but id have no reason to think the quality of the purchasing company would go down...
06-30-2006, 03:59 PM
#17
But you seem to be handling the jokes about "driving a Renault" just fine 
Originally Posted by SinCityMaxPower
Oh well. I guess ill set my sites on Lexus.
I wont be able to handle the jokes about "driving a GM".
I wont be able to handle the jokes about "driving a GM".
06-30-2006, 04:24 PM
#18
Originally Posted by SinCityMaxPower
Oh well. I guess ill set my sites on Lexus.
I wont be able to handle the jokes about "driving a GM".
I wont be able to handle the jokes about "driving a GM".
this line of logic makes no sense to me. i cant imagine that people on M-B forums started freaking out and selling their Benz's when the Diamler-Chrysler merger happened.
06-30-2006, 04:35 PM
#19
This thread looks similar to the nonsense going on at http://www.gminsidenews.com/ .
And like them, many of you just don't get it.
And like them, many of you just don't get it.
06-30-2006, 05:45 PM
#21
this is good to see for me at least. Nissan was hurting for some years, now look at em. all these new models and now they're trying to buy another company. this will have nothing to do with hurting nissan's image or car quality
06-30-2006, 09:32 PM
#27
GM quality is not that bad..... if anything I say their cars are on par with Nissan in terms of quality. GM could use a hand with interior design in some cars, but with GMs help Nissan could make some vicked V8s and good trannies also. GM already makes trannies for BMWs, their automatics are the best. I think both GM and Nissan will benefit from the merger in many different ways. I don't think we will see any engine sharing anytime soon as Nissan hasn't used pushrods in over 30 years... if anything GM will get a few VQs for their upcoming RWD sedans. Their DOHC V6s have always been very lame....
07-01-2006, 04:58 AM
#29
Originally Posted by liqidvenom
im not sure why u assume nissan quality is better then gm's
Have too much family that has purchased GM's, only to discover that their quality was less than acceptable.
My twin sister purchased 2 Hummer H-3's,
700 miles on them and she is having problems that GM struggled with for weeks to figure out what went wrong. Her dashboard lit up like a Christmas tree.
Look up recalls and TSB's on GM versus Nissan.....
The way I see it, regardless of the merger, whoever benefits, it isn't going to change the current Maxima I drive.....By the time I am ready to get another, I will do homework on quality and craftsmanship.
07-01-2006, 05:45 AM
#30
Originally Posted by 4MySwee
Have too much family that has purchased GM's, only to discover that their quality was less than acceptable.
My twin sister purchased 2 Hummer H-3's,
700 miles on them and she is having problems that GM struggled with for weeks to figure out what went wrong. Her dashboard lit up like a Christmas tree.
Look up recalls and TSB's on GM versus Nissan.....
The way I see it, regardless of the merger, whoever benefits, it isn't going to change the current Maxima I drive.....By the time I am ready to get another, I will do homework on quality and craftsmanship.
My twin sister purchased 2 Hummer H-3's,
700 miles on them and she is having problems that GM struggled with for weeks to figure out what went wrong. Her dashboard lit up like a Christmas tree.
Look up recalls and TSB's on GM versus Nissan.....
The way I see it, regardless of the merger, whoever benefits, it isn't going to change the current Maxima I drive.....By the time I am ready to get another, I will do homework on quality and craftsmanship.
I do hold some hope for the new Sentra and the butt ugly Versa, but we'll see. However the other Nissan models are screwed till their respective redesigns. They don't have the time to pull a GM and let a car sit on the market for 10 years while working the 'bugs' out cough*cavalier*cough.
Just my 2 cents, I know many people will never stop buying Nissan, myself included, but I wont move beyond a Maxima in the near to long term.
07-01-2006, 07:02 AM
#31
Supporting Maxima.org Member
Join Date: Apr 2004
Posts: 1,307
Originally Posted by SR20DEN
This thread looks similar to the nonsense going on at http://www.gminsidenews.com/ .
And like them, many of you just don't get it.
And like them, many of you just don't get it.
drama queens who don't understand the first thing about what businessmen do. Toyota has had a long standing relationship with GM, going way back to even before the Geo Prism/Corolla clones over a decade ago; before Toyota became synonymous with quality/reliability; before Camry sales overtook the Taurus. Why doesn't anybody talk about GM bringing Toyota down? Honda also has a relationship with GM. So has Subaru. So have a lot of other thriving well-respected companies known for their high quality products. What makes everybody think Nissan is going to be the exception? Besides, GM has a lot more to offer than just what we see here in the US. Holden for example. In summary, unless your credentials include turning a company around from near bankruptcy and $17B in debt to $4.5B in profit in less than 4 years, your opinion doesn't count. Got it?
07-02-2006, 09:35 AM
#32
Supporting Maxima.org Member
Join Date: Jan 2003
Posts: 281
I agree with bigEL. Nissan wants this "partnership" primarily because GM owns the most available platforms of any automaker. Add Nissan's...scratch that...Ghosn's campaign for efficiency and quality (already brought about somewhat by Lutz at GM), they both stand to benefit. And, yes...the end result is an increase in revenues AND an increase in margins, which is all that matters in the long run. That and GMs Market share has fallen while Nissan's has risen.
U.S. Combined Car and Truck Market Shares
Years Ended December 31,
Ford 2005, 18.2% - 2004, 19.3% - 2003, 20.5% - 2002, 21.1% - 2001, 22.8%
General Motors 2005, 25.8% - 2004, 27.1% - 2003, 27.9% - 2002, 28.3% - 2001, 28.0%
DaimlerChrysler 2005, 14.5% - 2004, 14.1% - 2003, 13.8% - 2002, 14.1% - 2001, 14.2%
Toyota 2005, 13.0% - 2004, 11.9% - 2003, 11.0% - 2002, 10.3% - 2001, 10.0%
Honda 2005, 8.4% - 2004, 8.1% - 2003, 7.9% - 2002, 7.3% - 2001, 6.9%
Nissan 2005, 6.2% - 2004, 5.7% - 2003, 4.7% - 2002, 4.4% - 2001, 4.1%
All Other 2005, 13.9% - 2004, 13.8% - 2003, 14.2% - 2002, 14.5% - 2001, 14.0%
Kerkorkian is a crazy man (not really crazy). He'll pull a Ross Perot (I'll contribute my own money to the deficit...) on this one...just watch. "I'll by some NSANY...alot of it...if you guys jump into this GM hole."
Someone alluded to the DaimlerChrysler merger. Great example...and has proven to benefit both parties.
U.S. Combined Car and Truck Market Shares
Years Ended December 31,
Ford 2005, 18.2% - 2004, 19.3% - 2003, 20.5% - 2002, 21.1% - 2001, 22.8%
General Motors 2005, 25.8% - 2004, 27.1% - 2003, 27.9% - 2002, 28.3% - 2001, 28.0%
DaimlerChrysler 2005, 14.5% - 2004, 14.1% - 2003, 13.8% - 2002, 14.1% - 2001, 14.2%
Toyota 2005, 13.0% - 2004, 11.9% - 2003, 11.0% - 2002, 10.3% - 2001, 10.0%
Honda 2005, 8.4% - 2004, 8.1% - 2003, 7.9% - 2002, 7.3% - 2001, 6.9%
Nissan 2005, 6.2% - 2004, 5.7% - 2003, 4.7% - 2002, 4.4% - 2001, 4.1%
All Other 2005, 13.9% - 2004, 13.8% - 2003, 14.2% - 2002, 14.5% - 2001, 14.0%
Kerkorkian is a crazy man (not really crazy). He'll pull a Ross Perot (I'll contribute my own money to the deficit...) on this one...just watch. "I'll by some NSANY...alot of it...if you guys jump into this GM hole."
Someone alluded to the DaimlerChrysler merger. Great example...and has proven to benefit both parties.
07-02-2006, 11:09 AM
#33
Originally Posted by DRod
Someone alluded to the DaimlerChrysler merger. Great example...and has proven to benefit both parties.
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