Busy week for the Automotive Family Tree updates. Autoweek is reporting that Daimler AG and Renault SA have agreed on share resources on a wide range of products for Mercedes-Benz, Smart, Renault and Nissan. The three primary areas of connection are small-car and light-commercial vehicle platforms, small gasoline and diesel engines and electric drive systems. And to make sure there is cooperation between the two brands, Daimler and Renault will enter into an equity swap, about 3% for each company.
BMW looking into collaboration with Daimler early 2009, but differences in engineering philosophy broke off the talks. However it seems BMW is now looking at working with the other large French connection, PSA (Peugeot and Citron).
Source:autoweek.com
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