By on March 16, 2010

Again, Renault and Daimler are reported to having a serious têteà-tête that could lead to a formal marriage. According to the Financial Times, “Daimler and Renault are discussing acquiring mutual equity stakes as part of a possible alliance that would go beyond their current talks on small cars.”  Their source?  “Two people briefed on the matter.”

Stakes to be bought or swapped were likely to be smaller than 10 per cent.

Last December, Daimler and Renault said they were discussing a possible partnership for small and compact vehicles. This was formalized  a few weeks ago.

Reuters quotes Sandford Bernstein analyst Max Warburton who believes that the firms are discussing: a “much wider and formal level of co-operation across products and technologies. Sources report Ghosh is trying to persuade Zetsche to join the Renault-Nissan Alliance, via an equity investment or swap, while Zetsche would prefer a simple joint venture.”

Reuters thinks the tie-up would make sense: “Renault-Nissan lacks top of the line cars, despite attempts with the Safrane, Vel Satis or Korean-built Samsung models, while Mercedes seeks smaller cars beyond the A-Class and Daimler’s Smart vehicles.”

Get the latest TTAC e-Newsletter!

Recommended

8 Comments on “Renault And Daimler Seen Making Out Again...”



Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • dont.fit.in.cars: Similar problem on my Impala. Winter months sunlight hits the chrome trim and bounces directly into...
  • Big Al from Oz: TR4, Most EU rail is electric. Most EU cities are more compact than Aussie, Canuckian and murican...
  • Hummer: Need to rename the website to “The (half) truth about cars – we only report on stories that...
  • JohnTaurus: Subaru owner: “Hey, that’s pretty good!” Me: half quart every 3k or so, 235.5k...
  • Big Al from Oz: I suppose this is what occurs when something is artificially supported. All countries make this...

New Car Research

Get a Free Dealer Quote

Staff