Alliance may boost Daimler's position in small-car segment

A potential alliance between Daimler AG, France's Renault SA and Japan's Nissan Motor Co. would boost the German car maker's position in the small-car segment where it has struggled to make money, analysts said.

An announcement of such a three-way partnership may come as soon as Wednesday, the Wall Street Journal reported on Tuesday.

Under the deal, Renault and Nissan will take stakes of about 3% each in Daimler, while Daimler may acquire similar or slightly bigger stakes in the two car makers, according to the Journal. The partnership is expected to include cooperation on small-car platforms and fuel-efficient technologies, the report said.

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- Posted: 2010-04-06 10:30:44

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