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7 April, the Daimler group officially announced Reynolds and " - Nissan Alliance" Association in developing a series of substantive items on the extensive strategic cooperation, the two groups will share experiences in order to quickly realize benefits maximized.

Under the cooperation framework: co-operation for equity swap, Powertrain shared, core technology-sharing and technology jointly developed, Renault-Nissan will hold the Daimler group 3.1% stake, Daimler group will hold a Renault and Nissan company 3.1% stake. According to reports, and Renault-Nissan's cooperation, Daimler is intended to strengthen the car electrification, improve fuel efficiency, small cars in the areas of competence in research and development. Cooperation projects include shared or joint development cars and small commercial vehicle engines. Also, for electric cars and other green cars to cooperate in research and development.

As of the day before the signing, Renault, Nissan company and the market value of the Daimler group to 105 million euros, 297 million euros, 377 million euros, the total market value of the new Union to 779 million euros, to become the world's largest auto Union interests.

But if to sales volume, Renault-Nissan and Daimler automotive sales totaling $ 764 million scale after - public Suzuki Union (about 864.4 million units) Toyota , car (about 781 million), is the third largest in the world. In January this year, Germany-Volkswagen and Japan Suzuki Association, became the world no. 1 big Auto Union.