02SilverStroke said:
I just read this article
http://www.foxnews.com/story/0,2933,201897,00.html that Nissan has approved the talks with GM. What I can't understand is that Renault owns 44% of Nissan and Nissan owns 15% of Renault. How can each company own part of each other? Seems like that's a 29% net investment for Renault.
i think its different divisions of each other like ford and cummins and isuzu and chevy
nissan, gm and renault they said would be global partners, which means still competitors, so we wont see a big nissan pickup looking like a chevy.....
even though we see honda pickups looking like an avalance
probaly lots of R&D sharing
much like volvo and ford even though ford owns volvo its not a two way street of all ideas, still separate entities so to speak.
but hey i could be wrong,