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Report: Nissan, Renault And Daimler In Three-Way Talks

 
3 2,007 views Mar 24, 2010
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Nissan, Renault and Daimler in three-way talks

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Nissan’s French partner Renault is already in talks with Daimler over the possibility of sharing electric powertrain and vehicle technology but now it appears the Japanese automaker may also want to get in on the action. According to reports coming out of Japan, Nissan is in talks with Daimler over a deal to gain access to large displacement engines and in return it plans to offer its electric vehicles and batteries.

The information comes from Japan’s Nikkei daily, which is even claiming there may be a possible equity tie-up between the three firms. Renault-Nissan CEO Carlos Ghosn has stated on a number of occasions that he is interested in forming partnerships with other automakers and that he was open to equity exchanges.

Ghosn is expected to brief Nissan exec this week on the progress of the talks between Renault and Daimler, ahead of the Japanese automaker also joining the table.

According to the report, much will depend on whether progress can be made before Daimler’s general shareholders meeting on April 14. Either way, Daimler is reportedly being cautious towards any talks of swapping equity. We’re sure bad memories of the DaimlerChrysler disaster will be strong in the minds of both Daimler’s executive board and shareholders.

[Automotive News, sub req’d]





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Comments (3)

  1. By btlh2oguy Posted: 3/24/2010 12:50pm PDT

    Mercedes should have learned a lesson from the Chrysler mess. If they team up it should be with just Renault only. Not the tin can car company that is Nissan.
     
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  2. By NoNameDenton Posted: 3/24/2010 6:12pm PDT

    btlh2oguy for one thing, it was Daimler that screwed up Chrysler, taking a profitable company and ramming it into the ground. For another thing Renault is Nissan's parent comapny at the moment since Renault is the majority stock owner of Nissan, which is why Carlos Ghosn ran both companies.
     
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  3. By AMG Posted: 3/24/2010 11:32pm PDT

    btlh2oguy, you are a xenophobic idiot.
    Don't be jealous you are too poor to afford a Benz.
     
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