Today, board members of two automotive corporations, the German Daimler AG and French Renault S.A. held meetings. The subject of discussion was the creation of an international union of the two companies, up to the exchange of shares. business week.
The results and the final decision on the creation of an alliance, primarily a technological one, will become known within a few days, but it is reported that the alliance between Daimler, on the one hand, and Renault and her Japanese partner Nissan Motor Co., on the other hand, will be based on the exchange of technology and other assets.
Against the backdrop of tougher environmental standards that have forced automakers to increase spending on technology development, and declining sales levels in recent reporting periods, such a move could be beneficial for all parties and, perhaps, will become an example for other companies.
Renault-Nissan и Daimler plan to share development costs for products such as small cars, luxury cars and industrial vehicles. The companies will also share their developments and know-how with each other.