From Reuters http://www.reuters.com/article/idUST...balMarketsNews
more at linkFrance's Renault and Germany's Daimler (DAIGn.DE), maker of Mercedes cars, have made no secret that they are in talks over cooperating to cut costs, pool technology resources and build scale as the industry tries to become more efficient exiting the downturn.
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.
Sandford Bernstein analyst Max Warburton in a report published on Monday that he believed the firms were 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," he said.