General Motors Corp. is prepared to tell Nissan and Renault that its price for a three-way alliance is a multi billion dollar payment from Nissan and Renault, The Wall Street Journal reported on Wednesday.
The newspaper said General Motors believes the payment would compensate for the greater value the Detroit auto maker thinks it would bring to any partnership.
The planned demand for an equalizing contribution is the latest sign that talks among the three auto giants are in trouble, The Journal reported.
Carlos Ghosn, chief executive of both Nissan and Renault, is to meet GM chief Rick Wagoner in Paris on Wednesday, the paper said.
GM could not be reached for comment.