General Motors CEO Rick Wagoner says he was pushed into talks of an alliance with France's Renault and Japan's Nissan, and he is determined that those discussions not distract GM (GM) from its turnaround effort.
Wagoner will meet in Detroit on Friday with Carlos Ghosn, CEO of both Renault and Nissan (NSANY), to begin investigating a possible linkup. The talks were set in motion in June when Ghosn, famous for saving Nissan from bankruptcy, was approached by Jerome York, the GM board member who represents billionaire shareholder Kirk Kerkorian.
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