While the benefits of a General Motors Corp./Renault SA/Nissan Motor Co. Ltd. tie-up remain a hotly debated subject, most industry observers agree such a mega-alliance would have one implicit goal: slowing the Toyota Motor Corp. juggernaut. In a July 14 joint statement, GM Chairman and CEO Rick Wagoner and Carlos Ghosn, CEO of both Renault and Nissan, said they plan to take 90 days for their teams to analyze whether a 3-way tie up would help their companies reach major goals of shedding ...

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