Tracinda urges GM to consider Nissan-Renault tie-up
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One of the largest investors in General  Motors Corp.  on Friday urged the world&#039;s largest  automaker to consider a three-way partnership with Nissan Motor  Corp. (7201.T) and Renault SA .
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General Motors Corp.&#039;s   management plans to air arguments against a proposed three-way  alliance with Nissan Motor Co. (7201.T) and Renault SA   at a meeting with its board on Friday, The Wall  Street Journal reported.
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General Motors Corp. Chief Executive Rick  Wagoner said he was open to an alliance with Renault and Nissan  Motor Co Ltd but the U.S. carmaker's own restructuring plan was  what will save it.
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General Motors Corp.&#039;s  board on  Friday approved exploratory discussions on a three-way alliance  with Nissan Motor Co. Ltd. (7201.T) and Renault SA ,  GM said on Friday.
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Renault Chief Executive Carlos Ghosn said   negotiators were trying to resolve differences in auto alliance   talks between the French automaker, Japan's Nissan and General   Motors.
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Top executives from General Motors Corp. and Nissan-Renault were set to discuss a global alliance in which plans for emerging markets could be key.
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General Motors Corp. , Renault SA  and Nissan Motor Co.  on Wednesday said they had broken off talks over a proposed alliance between the three automakers urged by GM's largest individual shareholder.
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The CEO of Fiat (FIA.MI: Quote, Profile, Research) believes that exercising an option forcing General Motors (GM.N: Quote, Profile, Research) to buy its loss-mired car unit would probably result in more work for the operation
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A key Renault executive indicated in   quotes cited by newspapers on Tuesday that U.S. carmaker   General Motors GM.N did not share the same sense of urgency   as do Renault RENA.PA and Nissan 7201.T to fight rival   Toyota.
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French car maker Renault has appointed French investment bank BNP Paribas as an advisor for talks with General Motors about a possible tie-up, the Financial Times reported.
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France&#039;s Industry Minister on Tuesday  expressed &quot;enormous caution&quot; over any future tie-up between  carmakers Renault  and General Motors .
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Tracinda Corp., the investment firm  representing billionaire investor Kirk Kerkorian, said in a  regulatory filing on Friday it has decided not to acquire  additional shares of General Motors Corp.  common stock.
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PARIS -- General Motors Corp. Chief Executive Rick Wagoner and Carlos Ghosn, who heads Renault SA and Nissan Motor Co., met in Paris on Wednesday and agreed to continue discussions on a possible three-way global car making alliance despite signs the talks are running into difficulties.
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The heads of French car maker Renault   and U.S. auto giant General Motors Corp.  will  meet in Paris on Wednesday amid a report talks on a mooted  alliance could be in trouble.
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Car bosses Rick Wagoner and Carlos Ghosn meet in Paris as GM, Renault and Nissan discuss a global tie-up.
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Carlos Ghosn, chief executive of Renault   RENA.PA and Nissan 7201.T, said he was still eyeing an   alliance with a North American partner, according to a   newspaper interview released on Sunday.
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General Motors Corp. , Renault  SA  and Nissan Motor Co. (7201.T) on Friday said they  had agreed to work together on a confidential review of the  potential benefits of an alliance between the three companies.