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Renault Nissan GM possible alliance

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The board of the Japanese automaker Nissan agreed today to open talks with General Motors on a possible alliance.

Major G-M shareholder Kirk Kerkorian proposed last week that the troubled American carmaker join the Nissan-Renault alliance.

Nissan says it will talk with G-M if G-M endorses Kerkorian's proposal.

G-M says it's taking Kerkorian's plan under advisement.

In France, the finance minister says the board of Renault plans to discuss the purchase of a significant stake in G-M with Nissan.

Renault's board meets today.

(APB)

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Renault Nissan GM possible alliance
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