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Today (7 April) Reynolds , - Nissan Union and Germany Daimler announced formally established strategic alliance, the two groups will share experiences in order to quickly realize benefits maximized.

Both parties announced cross-shareholding structure: Renault Nissan will hold the Daimler group 3.1% stake, Daimler group will hold a Renault and Nissan company 3.1% stake. This is the most recent overseas car by marriage, and is the true weight of the marriage. Lend this marriage, DaimlerChrysler, Renault-Nissan rapidly became one of the world's third largest auto Alliance, second only to 大众-铃木联盟、丰田汽车之后。

Renault-Nissan's shares will be held from previous 44.3% falling to 43.2%. Nissan said that the three automobile manufacturers plan to electric vehicles, passenger cars and light commercial vehicles to expand cooperation in the field, and the joint development and sharing of Daimler smart small cars and other vehicles using diesel and gasoline engine.

Specific content including: I. Parties to next-generation SMART FORTWO models and Renault TWINGO models, as well as the two models of electric version, and will enrich the two cars. II. both sides will be in the Powertrain domain as well as future passenger car and light commercial vehicle applications make extensive cooperation and joint research and development:

1. share and jointly developed with Renault-Nissan Alliance of diesel and gasoline engine to apply to the new SMART and Renault TWINGO models. And Benz under brand features for adjusting to the new generation of Mercedes Benz company high-end compact models.

2. share the Daimler group of petrol and diesel engine to apply to Nissan Motor Company's high-end luxury brand British non-Nidhi, and to provide opportunities for future cooperation.

3. the share of diesel Renault-Nissan Alliance engine and the gearbox can be applied to the Benz VITO models.

III. in the light commercial vehicle in the field of cooperation IV. both one-time cross-shareholding amounted to partners equity 3.1% v. Procurement opportunities, both in the operational standard AC and successful experiences shared aspects of the formation of cooperative advantage Board of Directors of Daimler group President (Gallery Forum) and Mercedes-Benz automobile company President Dr. Dietmar ・ CAI learned to say: "Daimler and Renault-Nissan alliance in conjunction with the common interest, in a series of practical and attractive projects for both a successful strategy to build a solid foundation. Our respective advantages are complementary. We can directly increase in small cars and compact cars in the field of competitiveness and reduce carbon dioxide emissions for long-term cooperation. We know that we can share resources to produce suitable for their brand of products, without affecting the independence of their brand. "Renault-Nissan Alliance President and Chief Executive Officer, Mr. Carlos ・ dagorn said:" Renault-Nissan alliance on successful and mutually beneficial cooperation mode has plenty of experience, this is today and the future of the automotive industry has a remarkable value. Today's agreement will expand our cooperation in the areas of strategy and Renault-Nissan Alliance and Daimler group to create lasting value of. We will work together a rich and enhanced product line, the effective use of all resources, research and development for the next ten years the need of innovative technology. ”

Capital interchange:

This strategic cooperation through one-time cross-shareholding structure that tripartite cooperation in long-term joint benefit on the basis of partnership to Exchange equity benchmarking and produce cooperative advantage. The overall cooperation

Programmes to Renault, Nissan, Daimler group respective to 6% of the equity cross 3.1 shareholdings, the specific shareholding programmes are as follows:

1. the Daimler group will hold a Renault company issuing new shares of 3.1%

2. the Daimler group will obtain from Renault Nissan 3.1% circulation unit

3. Reynolds company will hold the Daimler group 3.1% stake

4. Reynolds company alone agreed to by the Daimler group 1.55% stake in exchange of Nissan company 2% of the equity

5. Renault and Nissan will each hold a Daimler group 1.55% of treasury stock

This strategic collaboration will be Renault Nissan company representative of Union and Daimler group formation represents a new cooperation of all parties. This Committee will be composed of Mr Carlos ・ dagorn and Mr. Dietmar ・-Chul Choi as co-chairs and the third party's senior management for shared management.