Gm Chrysler Merger Talks Reported

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"Inflation causes reduced consumer spending, it squeezes returns. The market has been making new altitudes. It can't go up forever," John Kornitzer of Kornitzer Capital Management in Shawnee Mission, Kansas, told Bloomberg.

But Ghosn foresees auto industry relief. In 2006, he led order to forge an alliance with GM in which Nissan/Renault could take up a few 20 percent stake your past Detroit car maker. But the talks ended when GM sought payment for the purpose it said would are a disproportionate share for the benefits of an alliance.

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