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Billionaire investor Kirk Kerkorian is saying that Nissan and Renault would be keen to include General Motors in their global alliance in return for a minority shareholding in the troubled US-owned carmaking giant.

Kerkorian's investment group Tracinda, which is a significant minority shareholder itself in GM, has written to GM chiefs urging them to explore an alliance with the French/Japanese group.

Tracinda says it has discussed an alliance with Renault and Nissan chiefs, and cites the "tremendous engineering, manufacturing and marketing synergies, resulting in substantial benefits and cost savings to both Renault and Nissan" that the existing alliance has brought.

GM's share price rose by 9 per cent in early New York Stock Exchange trading on the news.