Daimler teams up with Nissan and Renault

Posted on Apr 7, 2010 by
The next generation Renault Twingo will be among the cars that benefit from the deal

The next generation Twingo will be among the cars that benefit from the deal

owner Daimler has signed a deal with Renault and to share technology and work together on forthcoming small car projects.

The deal between the Renault-Nissan Alliance and Daimler will see the three car makers cooperate on the next generation Smart ForTwo and Renault Twingo, due in 2013, as well as producing new variants of both cars, including electric versions.
Daimler engines will be used in future Inifniti cars (Nissan’s luxury brand) and the companies will also share technology for future commercial vehicles.

The deal gives the Renault-Nissan Alliance a 3.1 percent shareholding stake in Daimler, while the German company gets the same sized stake in both Renault and in Nissan.

Dr Dieter Zetsche, Daimler’s chairman of the board, said: “Our skills complement each other very well. We know that we can make brand-typical products based on shared architectures. The individual brand identities will remain unaffected.”

Carlos Ghosn, chairman and CEO of the Renault-Nissan Alliance, added: “This agreement will extend our strategic collaboration and create lasting value for the Renault-Nissan Alliance and Daimler as we work on broadening and strengthening our product offering, efficiently utilising all available resources and developing the innovative technologies required in the coming decade.”

2 Responses to Daimler teams up with Nissan and Renault

  1. Gary Reply

    April 8, 2010 at 10:33 am

    I’m hoping we soon see a smart car with Nissan’s 3.5-litre V6…

  2. Pankaj Dev

    Pankaj Dev Reply

    April 8, 2010 at 10:31 am

    Welcome Mercedes-san!

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