By Leftlane Staff
Friday, Jul 21st, 2006 @ 9:49 am

Renault- Nissan CEO Carlos Ghosn said today an alliance with General Motors would not necessarily require an acquisition of shares. “We are not making the capital investment inside General Motors as the first element or condition,” Ghosn said. Rumors have suggested Renault and Nissan may want to buy as much as 20 percent of GM. Ghosn said he respects GM’s patriotic importance to America. “I am totally aware General Motors is an icon in the U.S.,” he said. “Because I know that, I don’t believe in anything hostile. I believe this has to be a strong partnership.”

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