Quoth the Wall Street Journal:
PARIS — General Motors Corp. is prepared to tell Nissan Motor Co. and Renault SA today its price for a three-way alliance: A multibillion-dollar payment from Renault and Nissan to compensate for the greater value the Detroit auto maker believes it would bring to any partnership.
That’s pretty tough talk from a car company which didn’t plan for the totally unexpected like GAS PRICES FLUCTUATING. GM is playing from a position of strength, of course. They know that worse comes to worse they can always ally with Ford.