France: Renault-Nissan and Daimler announce alliance

The Renault-Nissan Alliance and Daimler have confirmed details of a new alliance that covers a broad range of collaboration. The cooperation also calls for an equity exchange: the Renault-Nissan Alliance will take a 3.1% stake in Daimler, while Daimler acquires a 3.1% stake in Renault and a 3.1% stake in It’s time to log in … Continued

• By Webmaster
• April 7, 2010