Following last week’s announcement that he intends to buy more shares of General Motors, Kirk Kekorian has asked the General Motors board to hire an outside consultant to assess a possible alliance between GM and Renault. Even board members who aren’t enthusiastic about the alliance may support hiring an outside consultant, if only to hold off possible shareholder lawsuits if an alliance doesn’t come to fruitition.
In other news, General Motors may have fired Danielle Cicarelli as a spokeperson following the release of a video of the MTV personality getting a bit freaky with her boyfriend, a Merrill Lynch investment banker, on a Brazillian beach. Somehow this doesn’t seem like the kind of mistake Carlos Ghosn would have made.
GM board to consider Kerkorian suggestion [Washington Times]