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Lutz says GM open to alliance with Ford

Swiss-born GM Vice Chairman Bob Lutz was asked by a Swiss newspaper Sunday if his company would go it alone or seek a merger with Ford. Lutz answered, "We are open to alliances. But we can also be successful alone."

Does this mean GM and Ford are talking merger? Not likely, but it could mean more cooperation in the future, like the co-developed 6-speed transmission being used in Ford's Edge and Saturn's Aura.

Lutz also said GM was still open to working with Renault-Nissan despite a recent report saying Renault-Nissan CEO Carlos Ghosn was no longer interested in talking to U.S. automakers about possible alliances.

[Source: SonntagsZeitung via Reuters]


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