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


HighestOfHigh

Cornering Kingpin
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.

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

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