Renault no comment on GM tie-up proposal

Newswire

PARIS, June 30 (Reuters) - Renault declined comment on Friday on the notion of a three-way tie-up with General Motors and Renault's cross-shareholding partner Nissan. One of the largest investors in General Motors Corp. earlier urged the world's largest automaker to consider a three-way partnership with Nissan and Renault. In a letter to GM Chief Executive Rick Wagoner, Tracinda Corp., the investment arm for billionaire investor Kirk Kerkorian, suggested the automaker form a committee to ...

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