Ghosn, party of three...

Appetizer: Sushi
Main course: Chateaubriand
Dessert: Fried Chicken?

So just what would be an appropriate meal to serve to the executive heads at the first corporate dinner for the newly merged, Renault-Nissan-Ford Motors Company or General Renault-Nissan-Motors?

Well, it looks like we are going to be left salivating for just a little bit longer as the jockeying for a seat at the head table are heating up. Early reports suggest that GM Head Rick Wagoner may have hit a bit of a nerve by suggesting that Monsieur Ghosn would need to pay a multi-billion dollar "equalizing contribution" in a proposed alliance between the companies.

Rather than dine like two civilized adults, it seems Ghosn and Wagoner are going to negotiate a bit through the media, the equivalent of arguing in the bar and "taking it outside." Just yesterday Ghosn was quoted that the original  October 15th deadline for alliance talks with GM would be it and that if something wasn't obvious by then he would be open to discussions with another domestic partner.

Either something was lost in translation or Mr. Wagoner is back-peddling as he succinctly  said this morning from the Paris auto show that "you will  see a conclusion, which could range from continued studies to a decision to proceed or a decision not to proceed" of the  October deadline. Either way, what started off as an orchestrated waltz between Ghosn and Wagoner (with Bill Ford tapping on each shoulder trying to cut in) has turned into an all out game of musical chairs between the three companies.

When the music finally stops someone is bound to end up in someone else's lap.

Yes,  a deal between two or more of the parties involved would be very interesting, especially when someone slips and calls them "freedom fries."

Read more here.

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[Cindy]

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