Site Meter Automotive Blogger » Blog Archive » Toyota to make an offer at GM?

Toyota to make an offer at GM?

by William

nissan-guy.jpg
Carlos Ghosen, chief executive of Nissan and Renault.
In recent months GM has been entertaining thoughts of forming an alliance with Nissan-Renault. Top executives from both companies have come together to discuss the details of how a partnership between GM and Nissan should be pursued and what the possibilities would be. If plans go forward for some type of merger Nissan-Renault could end up with as much as a 20% piece of GM.

According to a recent BusinessWeek Online article, Toyota may also be poised to make a play at GM. Unwilling to let their direct competition get the upper hand so easily the rumor mill has it that Toyota is working an up an offer of their own to hedge off a potential GM-Nissan-Renault alliance (pun intended). Toyota is also worried about the possibility of GM falling apart altogether and the repercussions it would have throughout the entire auto industry. Because it is in there best interest to keep GM around they may be willing to help bail the US auto manufacturer out with some type of partial buy-out.
renault.jpg
Renault Alliance. A terrible vehicle.
GM and Toyota do have a history together which includes several joint production plants and even a couple joint-effort vehicles like the mid-’80s Chevy Nova. But will this past working relationship give Toyota any kind of edge in bidding war for GM? Since I don’t want to pile speculation on top of speculation I’ll simply say that it remains to be seen. Whatever happens, it is looking increasingly likely that someone will step in to help out GM. And what about ailing Ford? Word around the office is that if GM balks at the offer from Nissan-Renault, Ford might step right in to accept it. Is that enough conjecture for you?

-Bill Mertz


Leave a Reply


About Automotive Blogger

Some people use their automobiles only to get from Point A to Point B. You know there's more than that. You get mad when someone makes a remark about your car that's less than flattering. You get riled when a cool car is destroyed in a straight-to-video movie. You realize when a new car doesn't deserve it's name of a great car of the past. When you see someone driving a boring vehicle, you feel sorry for them. You know it's not the destination that counts - it's the journey. Welcome home gearheads. Welcome home, car freaks. Welcome to the site that fuels your automotive obsession - AutomotiveBlogger.net

Automotive Blogger Author(s)

Automotive Channel Posts

  • 2007 Holiday Gift Guide - Tocca 007 Candle
    From now through December 24th we're offering gift suggestions for auto enthusiasts. This week's gifts are all in the $25 - $50 price range. * * * * * For the female auto enthusiast in your [...]
  • 2007 Holiday Gift Guide: Cars (WS or FS)
    From now through December 24th, we’re offering gift suggestions for auto enthusiasts. This week, all our gifts are $25 or less. * * * * * For the junior enthusiast in your family, the movie [...]
  • 2007 Holiday Gift Guide - Heated Seat Cushion
    From now through December 24 we're offering a holiday gift guide for auto lovers. This week: gifts under $25. * * * * * This Wagan Tech IN-9738 Heated Seat Cushion keeps you cozy and warm [...]
  • 2007 Holiday Gift Guide - Kensington FM Tuner
    From now through December 24th we're offering gift suggestions for auto enthusiasts. This week's gifts are all under $25. * * * * * This FM tuner by Kensington works with any iPod that has [...]
  • 2007 Holiday Gift Guide - Turtle Wax
    From now through December 24th, we're offering gift suggestions for auto enthusiasts. This week, all our gifts are $25 or less. * * * * * Turtle Wax Ice, unlike most polishes, can be used in [...]
  • 2007 Holiday Gift Guide - Armor All
    As promised, from now through December 24th, we're offering gift suggestions for auto enthusiasts. This week, all our gifts are $25 or less. Armor All has long been a product of choice for [...]
  • Tips for Night Driving
    With the nights growing longer, weather infringing upon the daylight, and holiday lights catching our attention, driving safely at night becomes increasingly important. Especially when you consider [...]
  • Autos A-Z: Diesel
    Greetings folks, and welcome to the fourth edition of Autos A-Z, your one-letter-at-a-time trip through the automotive alphabet. In the past couple of weeks, we've covered 'A' - axles, 'B' - [...]
  • Coming Attractions
    We wanted to give you an idea of what's to come in the next month at AutomotiveBlogger.net: The holiday season is upon us, and even auto aficionados can get caught up in the hype. We're going to [...]
  • Video Break - Monday night edition
    Greetings fellow motorists. I trust that you all had an excellent Thanksgiving. That's my excuse for not posting for a few days - I am just now conscious enough to type (somewhat) [...]

Hot Off The Press

  • Kids TV on DVD Releases 10/7
    Here is this week’s edition of new releases of DVDs that feature kids shows. Some are previously seen episodes from television while others are straight to DVD episodes or movies based on kids TV [...]
  • Guest Author Sienna Skyy on How Her Pets Helped Launch Her Writing Career
    I am so delighted to be guest-blogging for Fiction Scribe. I love reading about the experiences and strategies of other writers-- I think we really help give each other momentum. As for me, when [...]
  • Friday Night Lights - Spoilers
    Friday Night Lights is showing the 13 episodes on Directv but if you wanna wait til it hits the public airways, don't read any further... SPOILER ALERT D.W. Moffett moves into town and plays the [...]
  • Today, today we got the letter
    It was a form letter but one that is obviously used quite often as it was constructed as follows:   School:_______________________    Date:__________________    [...]
  • Contemplating Nature
    Does anyone find the "I'm here but I'm not really here' thing weird? As I sit here typing this (in the last week of September), it strikes me as slightly odd... But I'm probably just over thinking [...]
  • Tuesday Book List of Vacations
    Woohoo! I'm officially on vacation at the moment! As you can see from my list, there are a good number of reviews coming up. You can thank Mr. JM for that. He's taken to reviewing quite well and [...]
  • Rumble of the Starlets: The Duchess vs. Rachel Getting Married
    If you're into thin girls doing drama, October is a good month. Lots of pouting, lots of longing looks, lots of passion and perhaps personal growth going on in theaters right now, as two very [...]
  • Bonding With Your Children
    Today we have a special guest post from my friend Jenera. She'll be writing for Long Relationships this week. Having a relationship with your children is as important as your relationship with [...]
  • Police Beat
    Police Beat thanks you, the reader, for reading today's Police Beat. [...]