Daimler and Renault cooperation programme is expected to be released in April
Kenilworth (Xinhua Yin Wei) according to news agencies reports , Daimler and Reynolds negotiations had entered its final stage, this collaboration will involve small cross-shareholdings, the final scenario may be announced in April. This heralded Reynolds and Union Nissan may increase the third partner.
According to reports, Daimler and Renault respectively hold each other "token" for minority interest, cross-shareholding will not exceed 3%, just above the shareholding situation must expose a threshold. In fact, the two car manufacturers "and do not want marriage", but in view of the strategic partnership for progress, through symbolic stock to support this relationship more logical.
It is understood that bilateral cooperation will involve sharing small sedan platform, joint development of light trucks and electric vehicles general parts, etc. Due to the small scale of production and sales as well as the high cost, Daimler in small car business profitability has been poor, which makes their hopes for external cooperation to reduce the production costs of research and development of small cars.
[Edit: barrychen]