general motors is tieing up with citron, the world's eighth biggest automaker. the u.s./french tie-up will create the world's largest alliance. annual sales are likely to exceed 12 million units. that's over 50% more than any other car maker in the world. the firms say gm will acquire a 7% stake in citroen, which coincides with the french car maker's pl to boost its capital. the automakers plan to share key components. they'll set up a joint venture to coordinate the procurement of parts and materials. that's to bolster their operations mainly in the sluggish european auto market. there u the brand alliance, the firms will develop small and mid-sized cars using a common framework. aaim to launch new models within four years and eventually boost their profits to about $2 billion annually. general motors and citroen together sold over 12.5 million cars last year. that's far above the unit sales for the world's second largest auto worker, volkswagon. third biggest, toyota, sold nearly 8 million last year. >>>s the head of the u.s. central bank has expressed caution about th