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Auto News Articles - Nissan, Renault shares rise as alliance talks off
News Article
Nissan, Renault shares rise as alliance talks off
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Source: China Economic Net
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Date:10/9/2006
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Source Link: Click Here |
Shares of Nissan and Renault rose as investors reacted with relief to news that General Motors called off talks on possibly creating a three-way alliance. The three-month-long talks came undone as Nissan Motor Co and Renault SA of France declined to pay a premium for reaping what GM said would have been a disproportionate share of the benefits.
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