Renault says no need for GM deal at all costs

Newswire

PARIS, July 27 (Reuters) - The head of French carmaker Renault said on Thursday that the company was not committed at all costs to a possible alliance with GM and Nissan . "We will only extend the alliance (of Renault and Nissan) to GM if there are benefits to the alliance in the short, medium and long-term. Otherwise we will not do it," Renault Chief Executive Carlos Ghosn told reporters. "For the moment we are studying the synergies and listening to shareholders. The only thing we have ...

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