Renault, Daimler tie-up reports boost carmakers' shares

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Thread: Renault, Daimler tie-up reports boost carmakers' shares

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    Renault, Daimler tie-up reports boost carmakers' shares

    From Reuters http://www.reuters.com/article/idUST...balMarketsNews
    France'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.
    more at link

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    Re: Renault, Daimler tie-up reports boost carmakers' shares

    Interesting for sure and if done with a modicum of quality execution - should help both - either way.
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    Re: Renault, Daimler tie-up reports boost carmakers' shares

    Very interesting considering the direct competition between Infiniti and MB, at least in some parts of the market (G vs. C, M vs. E)...possible RWD platform sharing?
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    Re: Renault, Daimler tie-up reports boost carmakers' shares


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    Re: Renault, Daimler tie-up reports boost carmakers' shares

    Pete DeLorenzo is a bit sceptic about this at the AE's column "On the table"
    http://www.autoextremist.com/on-the-table1

    (one arrow down) The German company led by Dieter Zetsche is cozying up to Carlos Ghosn to share future product projects while cutting development costs. All well and good on paper - and in theory anyway - but Daimler has proven convincingly that they don't play well with others and Carlos Ghosn is not known for seeing other points of view all that well. It's 50-50 we'll be writing about this train wreck three years from now.

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