Industry rumours say Renault has approached Ford Motor Company for an offer to buy Volvo as it needs to compete with German premium brands, which it cannot do with it’s own large vehicles. Ford declined the offer.

Renault is now looking elsewhere for a premium brand to purchase. Seems that it cannot use Nissan’s Infiniti luxury brand as even though it is well known in the USA, it has no profile at all in Europe.

One brand that might fit the profile is Saab, owned by GM currently.

We also might see another big merger in the future. Carlos Ghosn has been studying the feasibility of forming an alliance with either GM or Ford through means of a share exchange.