GM results seen easing pressure on alliance talk


By Poornima Gupta DETROIT, July 26 (Reuters) - General Motors Corp.'s unexpectedly large operating profit is a sign that its turnaround efforts are working, easing the pressure on GM to accept an alliance with rivals Nissan Motor Co. Ltd. and Renault SA , analysts said. "It certainly is a clear indication GM does not have to forge an alliance with anyone to solve its problems," said James McTevia, a Detroit-area corporate turnaround specialist. "GM has proven its point." GM's largest ...

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