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Steve's Blog

Daimler Renault deal will have wideapread impact

The alliance announced  today
  between  Daimler AG
  and  Renault
 has been widely predicted and commented on for some weeks, including the 3.1% cross-shareholdings (split between Renault and Nissan in the case of the investment in Daimler).  However, whilst this deal was expected to focus on small cars, providing future product for Daimler's smart brand, and economies of scale for Renault-Nissan through supplying the platform and powertrain, the small print contains a number of other areas of collaboration, and the implications reach well beyond the three parties directly involved. MORE