Friday, September 28, 2012

Daimler-Renault-Nissan Alliance Gets Results, GM-PSA Doesn’t

TTAC readers who followed our past reporting on the developing relationship between Daimler and the Renault/Nissan Alliance will not be surprised in hearing what Carlos Ghosn and Dieter Zetsche told the press today. If you think you've heard it all before, you are right. You did here.

According to Reuters,

On the other side of Paris, the alliance between GM and PSA Peugeot-Citroen is said to be going nowhere. According to Bloomberg, a lowly joint parts-buying plan is delayed, allegedly because it is waiting for regulatory approval. The agreement, and possibly the announcement of joint production of cars, are now expected by the end of October, when all good news about GM are due to be announced.



from The Truth About Cars http://www.thetruthaboutcars.com




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