Renault, Daimler, Nissan Say Oui", Hai", Ja" In Three-Way Tie-Up

Bertel Schmitt
by Bertel Schmitt
renault daimler nissan say oui hai ja in three way tie up

So today, Renault, Daimler, and Nissan did what we said they would do and announced a three-way tie-up. Which is good, because we are running out of inappropriate pictures. The marriage goes far beyond the exchange of symbolical stock holdings.

According to Automobilwoche [sub], the Renault-Nissan Alliance will get 3.1 percent of Daimler, in return, Daimler will get 3.1 percent of Renault and 3.1 percent of Nissan. That pretty much equals the value of the rings in a marriage. What is more important is the scope of cooperation between the three.

There was no shortage of grand announcements. Dr. Z. waxed lyrical about “common interests in many fields, which provide a promising foundation for a successful, strategically sensible cooperation.“ He expects „strengthened competiveness in the sub-compact and compact field, and a reduction of CO2 emissions. Brand identities remain untouched.”

Ghosn was a bit less Wagnerian and said „ The Renault-Nissan-Alliance is has experience with successful co-operations, and that helps.“

Other than the production of grand announcements, there will be many joint projects by the happy threesome.

As presaged here again and again, the new generation of Daimler’s Smart and Renault’s Twingo will be joined at the hip. New cars are expected in 2013. Daimler’s Smart works in Hambach, France, will build the two-seaters. Renault’s factory in Novo Mesto, Slovenia, will be responsible for he four-seaters. No surprises there for the attentive TTAC reader. The diminutive cars will be available in electrified versions right from the get-go.

Then, there are the engines. The Renault-Nissan Alliance will bring into the marriage small diesel and gasoline mills with three and four cylinders. Other than being used in the Smart/Twingo twins, Mercedes will also use them in their A and B Class.

Daimler will provide bigger bore diesel and gasoline engines to be used in Nissan Infinitis.

In addition, the merry threesome will cooperate in the design of future engines.

There will be some tête-à-tête in the van business. Daimler will rebadge a small Renault van as Mercedes.

Conspicuously absent: The usual green announcements of joint development of planet-saving technologies, batteries and powertrains. Not a word.

One minor item, pointed out by the ever so vigilant Nikkei [sub]: The French government has to shake loose some Euros to buy 0.55 percent of Renault SA shares to keep its overall stake in the carmaker above 15 percent. This keeps the French government as Renault’s biggest shareholder, just a bit ahead of Nissan, which owns 15 percent.

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  • Tassos Chinese owned Vollvo-Geely must have the best PR department of all automakers. A TINY maker with only 0.5-0.8% market share in the US, it is in the news every day.I have lost count how many different models Volvo has, and it is shocking how FEW of each miserable one it sells in the US market.Approximately, it sells as many units (TOTAL) as is the total number of loser models it offers.
  • ToolGuy Seems pretty reasonable to me. (Sorry)
  • Luke42 When I moved from Virginia to Illinois, the lack of vehicle safety inspections was a big deal to me. I thought it would be a big change.However, nobody drives around in an unsafe car when they have the money to get their car fixed and driving safely.Also, Virginia's inspection regimine only meant that a car was safe to drive one day a year.Having lived with and without automotive safety inspections, my confusion is that they don't really matter that much.What does matter is preventing poverty in your state, and Illinois' generally pro-union political climate does more for automotive safety (by ensuring fair wages for tradespeople) than ticketing poor people for not having enough money to maintain their cars.
  • ToolGuy When you are pulled over for speeding, whether you are given a ticket or not should depend on how attractive you are.Source: My sister 😉
  • Kcflyer What Toyota needs is a true full size body on frame suv to compete with the Expedition and Suburban and their badge engineered brethren. The new sequoia and LX are too compromised in capacity by their off road capabilities that most buyers will never use.