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       Wednesday, September 27, 2006

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Global Alliance Of Automotive Manufacturers?

It could happen, according to reports today. According to Reuters, "General Motors Corp. (GM.N: Quote, Profile, Research) will continue talks until mid-October with Renault-Nissan aimed at creating a global auto alliance, both sides said on Wednesday after their chief executives met."

"Carlos Ghosn on Wednesday raised the possibility that his Nissan Motor and Renault would seek to ally themselves with Ford Motor if his current talks with General Motors fail to lead to an accord among the three automakers," according to a Forbes report.

I can only imagine what such arrangements will mean to the American worker. Debt management and reduction as quickly possible seems to be good advice, as does running, not walking, towards individual fiscal practices that allow one to live within one's means and try to put away a bit in savings.



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posted by Sharon Secor at 2:53 PM  

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