Carlos Ghosn on Wednesday raised the possibility that his Nissan Motor and Renault would seek to ally themselves with Ford Motor if his current talks with General Motors fail to lead to an accord among the three automakers.

FORBES: Ghosn Could Look To Ford

It is modestly in the red at current market prices on General Motors and AIG (see table).

ECONOMIST: America's bail-out maths

The whole water feature requires about 45, 000 gallons of water to fill and two 10-horsepower motors to create the current.

WSJ: High Water Marks

Its recent rebirth has been almost as rapid as its fall, helped by two related developments: power electronics capable of handling huge flows of current, and smaller, more powerful electric motors.

ECONOMIST: Electric ships

Mitsubishi Motors has forecast a net loss of 472bn yen in its current financial year to March 2005.

BBC: NEWS | Business | Peugeot deal boosts Mitsubishi

But the Detroit companies, especially General Motors, have way too many brands and dealers to operate efficiently at their current market-share levels.

WSJ: Bush Blinks on the Auto Bailout

Power electronics modify the voltage, current or frequency of electricity in applications as diverse as solid-state lighting, intelligent motors and electric vehicles.

FORBES: Google, Soros Gamble on Power Electronics Pioneer

Anyone paying attention to the crisis at General Motors prior to the government bailout would have seen that the health care obligations for retired and current employees contributed to the massive debt the company built up.

CNN: Unions have to make concessions