RTTNews.com) - French automaker Renault SA (RNT.L, RNSDF.PK, RNSDY.PK) and its Japanese partner Nissan Motor Co. Ltd. (NSANY.PK) plan to double the annual cost savings from their alliance to 4 billion euros or $5.2 billion by 2016, according to media reports on Monday.
...Renault shares rose as much as 9.8 percent to 37.725 euros on the news.
"...Carlos Ghosn, head of both carmakers, outlined the new goal at an internal presentation to Renault and Nissan managers, people who attended the Sept 25-26 meeting said. They asked not to be identified because the target has not been published....." Reuters...
Why Don't YOU Just Give Al Citizenship.... He Seems to Like the Euro Green Elite MORE Than America.....
"The announcement comes amid speculation that the companies will rebalance their mutual shareholding to better reflect Nissan's larger scale or even forge a full-blown merger. Nissan made 4.63 million vehicles last year, while Renault produced 2.72 million....." WSJ
The Merger is Gonna Have to Happen.... the People at NISSAN are "playing cards" waiting for the deal to happen and at the same time their bullying me.... Get me the fuck out of Tennessee!!!!
Al - Help Me.... www.AlGoreFisker.com
Y'all LOVE this ONE.....
Thank you lady in Denver.. YOU inspired me....












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