Automotive industry analysts in Tokyo are unconvinced salvation for General Motors Corp. involves joining the tight alliance between France's Renault SA and Japan's Nissan Motor Co. Ltd. Although directors of all three companies now are considering the bold, unexpected – and self-serving – proposal of a 3-tier alliance recently made by billionaire Kirk Kerkorian, GM's single largest shareholder, industry experts are skeptical. "I don't see the point of making this kind of alliance," says ...

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