Renault-Nissan Alliance Daimler AG Partnership

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Published 8 Apr 2010
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The Renault-Nissan Alliance and Daimler AG announced on April 7 a broad strategic cooperation that will ena...
The Renault-Nissan Alliance and Daimler AG announced on April 7 a broad strategic cooperation that will enable both groups to already realize benefits quickly from a range of concrete projects as well as sharing of best practices. The two groups also announced an equity exchange that will give the Renault-Nissan Alliance a 3.1% stake in Daimler and Daimler a 3.1% in Renault and a 3.1% stake in Nissan.
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