With the misfortunes of Americas two largest automakers being trumpeted frequently on the news, it seems as if little attention is being paid to some of the other automakers out there. Frances Renault, once in poor shape itself, has rebounded nicely and is prospering with its relationship with Nissan, a company it has controlling interest in. Speculation is that Renault wants a greater piece of the luxury car market, even beyond Nissans luxury division, Infiniti. Would General Motors consider selling Saab to Renault or would the French automaker be better off looking elsewhere? Lets take a look at some options for Renault.
Make a bid for Saab. It is no secret that the Swedish automaker hasnt been much of a hit for General Motors. Unlike the other Swedish automaker Volvo, itself owned by Ford, Saab has produced little benefit for GM since being brought into the fold in 1990. A clash in management styles hasnt helped with GMs line management style going up against Saabs egalitarian style. Although not exactly a luxury line, Saab could be upgraded and give Renault renewed access to the American market and much needed cash for GM.
Go after Jaguar. Much...
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