Official: Renault-Nissan Alliance and Daimler announce strategic cooperation

Article by Christian Andrei, on August 29, 2010

Renault-Nissan Alliance and Daimler AG announced today a broad strategic cooperation which promises to enable both groups to already realize benefits quickly from a range of concrete projects as well as sharing of best practices.

As we said last week in this post, the two groups also announced an equity exchange that will give the Renault-Nissan Alliance a 3.1% stake in Daimler and Daimler a 3.1% in Renault and a 3.1% stake in Nissan.

Regarding the highlights of the cooperation, the manufacturers will share the new architecture fo small vehicles: the next-generation Smart ForTwo and the next-generation Renault Twingo will be engineered on the basis of a jointly developed architecture.

The launches of the jointly developed models are planned for 2013 onwards. Regarding the powertrains, the Renault-Nissan Alliance will provide 3 and 4 cylinder gasoline and diesel engines out of its portfolio to Daimler, while Daimler will provide gasoline and diesel engines out of its current portfolio to Infiniti which includes 4 and 6 cylinder gasoline and diesel engines.

Of course, the result is a win-win situation for both sides as Infiniti will be able to utilize Daimler engines, while Daimler will improve its capacity utilization.

Daimler, Renault and Nissan will also cooperate on future gasoline and diesel engines. Also, the collaboration will be extended on small commercial vehicles and Daimler will procure small diesel engine and transmission from Renault-Nissan for its Mercedes-Benz Vito.

According to Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and head of Mercedes-Benz Cars, Daimler and the Renault-Nissan Alliance are combining common interests to form a promising foundation for a successful, strategically sound cooperation that is based on a number of very concrete and attractive project cooperations.

Our skills complement each other very well.Right away, we are strengthening our competitiveness in the small and compact car segment and are reducing our CO2 footprint both on a long-term basis.We know that we can make brand-typical products based on shared architectures.The individual brand identities will remain unaffected.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In Japan, Toyota stays in the limelight by always cooking up something new for its famous 86 sports car. A colour orange Toyota 86 performance edition is one that’s hard...
by - December 4, 2016
Back in 2009, Nissan first introduced the Nissan Leaf, the company’s first all-electric vehicle. LEAF stands for Leading Environmentally-friendly Affordable Family car and this particular EV has been considered as...
by - December 3, 2016
In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries