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GM says it is "continuing discussions" with Nikola on alliance deal

Sep 29, 2020 - Nasdaq

DETROIT, Sept 29 (Reuters) - General Motors Co GM.N and Nikola Corp NKLA.O have not finalized their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted, and are continuing discussions, GM said on Tuesday. "Our transaction with Nikola has not closed," GM spokeswoman Juli Huston-Rough said in a statement on Tuesday. "We are continuing our discussions with Nikola and will provide further updates when appropriate or required." She...