Indego, automotive consultancy, automotive consulting, steve young
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- Daimler Renault deal will have wideapread impact
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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