GM to seek billions from Nissan, Renault - WSJ

Newswire

NEW YORK, Sept 27 (Reuters) - General Motors Corp. is prepared to tell Nissan and Renault that its price for a three-way alliance is a multi billion dollar payment from Nissan and Renault, The Wall Street Journal reported on Wednesday. The newspaper said General Motors believes the payment would compensate for the greater value the Detroit auto maker thinks it would bring to any partnership. The planned demand for an "equalizing contribution" is the latest sign that talks among the three ...

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