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Daimler Reynolds and negotiations had entered its final phase, this collaboration will involve small cross-shareholdings, sources said Daimler next month will buy Renault approximately 3% of the shares, but the final programme is expected to announce having a tough time. This heralded Reynolds and Union Nissan may increase the third partner.

Prior to this, there are reports that 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. 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 the cost is too high, 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.

In fact, in the small car market, cost savings, Daimler company blurred since 2007 and since the separation of Chrysler's "non-aligned" attitude, Daimler is ready to hand once again, the conclusion of cooperation Alliance, said Daimler and Reynolds talks maturing, or to raise funds for the purchase of 3% of Renault shares.

In sold off India company Tata 5% stake in a few days later, Daimler company President Choi-Chul has changed the policy, plan, before the purchase commitment to small cars make the Renault 5% stake in the company. Sources said Daimler will buy Renault approximately 3% of the shares, and will be replaced with Treasury shares in cash.

Daimler's aim is to create a new smart car, 4 May and Renault Twingo shared platform, even with Renault in Slovenia Novo mesto's production bases in production. In addition, Daimler also from its France cooperation Enterprise purchasing parts, such as the Renault 4 cylinder engine such large parts.

However, many commentators considered that, 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. An automotive industry analysts also warned against excessive superstitious Association in terms of cost savings, because the effectiveness of cooperation generally depend on the age and level of cooperation. The "3% of the shares, at this level, no one is obliged to do things seriously. ”