GM Does not need a partner

Rick Wagoner, GM’s CEO, recently stated that GM does not need a partner. This, of course, comes after months of rumors regarding a proposed alliance between GM and Nissan-Renault. Wagoner is confident that GM can turn around on her own, without outside help. I never really thought an alliance with Nissan was the answer, but I don’t share Rick’s enthusiasm. GM is in an awful situation, and without some sort of help, their situation is simply going to get worse. Read more at Autoblog.

Published on September 29, 2006 in Auto Industry News

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