September 25, 2006
Out of Sight, Out of Mind?
Posted by Gordon Smith

Remember how GM wanted to conduct alliance talks with Renault-Nissan in private, away from the public eye? Well, not much has happened since then, and Renault thinks GM is dragging its feet. Renault is impatient enough that VP Patrick Pelata is expressing his frustration to the W$J. The timing of Palata's public statements is not accidental, of course, as GM Chairman and Chief Executive Officer Rick Wagoner and Renault-Nissan Chief Executive Officer Carlos Ghosn plan to meet tomorrow in Paris. Looks like Renault is trying to use publicity as a prod, but doesn't that tactic suggest weakness, rather than strength?

UPDATE: GM's response comes from Chief Financial Officer Fritz Henderson, who said that GM was being "thoughtful," "thorough," and "objective."

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