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Renault-Nissan and Daimler: One Big Happy Family!

Posted in auto industry, General, Mercedes Benz, Newsworthy, Nissan, Renault by MrAngry | April 7th, 2010 | Leave a Reply |

Renault Nissan Daimler

Now here is an interesting tidbit of information for you guys. Renault-Nissan and Daimler announced officially that they will be working together on developing future projects. This is something that has been in the works for months according to industry insiders. The merger comes at a perfect time for Daimler as they have been looking for partners to help them in developing their small car line. Since Renault already has a 44% stake in Nissan the synergy seems to be perfect.

Right now it looks as though Daimler will get 3.1% of Renault and 3.1% of Nissan, while Nissan-Renault will take a 3.1% share of Daimler.

Read more at: USAToday.com

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