Wednesday, April 07, 2010 2:52 PM by
CarWale Team
The Renault-Nissan Alliance and Daimler AG today annouced a broad strategic cooperation that will enable both groups to already realise benefits quickly from a range of concrete projects as well as sharing of best practices. The two groups also announced an equity exchange that will give the Renault-Nissan Alliance a 3.1% stake in Daimler and Daimler a 3.1% in Renault and a 3.1% stake in Nissan.
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