PARIS
- General Motors, Renault and Nissan today said that a meeting
was held between Carlos Ghosn, President and Chief Executive
Officer of Renault, SAS and Nissan Motor Co., Ltd., and Rick
Wagoner, Chairman and Chief Executive Officer of General Motors,
Corp., regarding ongoing discussions concerning the possibility
of creating an industrial alliance among these three companies.
Through
the work of the three study teams, our companies continue to
explore the potential opportunities of an industrial alliance.
The teams are conducting a thorough and objective analysis of
potential synergies between all three companies with a focus on
how an alliance could generate significant shareholder value for
each company. Following today's meeting, it has been confirmed
that the teams will continue the studies through to the planned
mid-October completion date.
No
further information will be provided at this time.
