After his dressing like a superhero last week, we wouldn't be surprised if Renault-Nissan's Carlos Ghosn picked up a pimp cane and snapped in a set of diamond teeth to announce he still wants to get it on with a beleaguered US automaker. Perhaps it's Ghosn's experience with a struggling company that has him willing to bet on an American horse. Nissan, on the verge of collapse in 1999, was on the gold-digging end of the relationship when the company partnered with Renault. But since then, both companies have grown while cutting costs. Ghosn says it makes sense to add a large American automaker to his French-Japanese venture to realize additional economies of scale. But don't count on anything in the near term; Ghosn says Nissan must consolidate before any such union will be made. What's more, after talks of an alliance between GM and Nissan fell apart last year, it's now likely down to Ford or Chrysler. [The Detroit Free Press]
@MalFuller: AMC as a viable car company was seriously on the rocks by the time Renault bought them. They were producing cars with platforms that were at least two decades old, they needed a new Jeep and did not have the capital to do it (Remember, it was the money from Renault that created the smaller Cherokee, and this in turn created the SUV Boom), They didn't have a modern FWD Platform, and because of their elderly product line, their fuel economy numbers (as a company) were not competitive (The Eagle Wagon had poorer fuel economy than the full size Impala Wagons).
If it wasn't for Renault, Chrysler would have never purchased the remains of AMC, and 2 very important items that have helped Chrysler: 1) The Jeep Product Line, and 2) The Brampton Ontario Assembly Line (which Renault Built for the Renault Premiere or whatever it was going to be called) that ultimately built the Chrysler Concorde, Dodge Intrepid, and now the Chrysler 300, Charger, and Magnum, and soon the Challenger.