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Daimler, Nissan confirm North American joint venture

  • Confirming earlier reports, Daimler (DDAIF) and Nissan (NSANY) have completed a deal establishing a 50-50 joint venture at a Nissan plant in Mexico.
  • Since 2010, Mercedes, Nissan and Renault (RNSDF) have shared engines, plants and vehicle architectures, and the new agreement further forges the German automaker's bond with the Renault-Nissan alliance.
  • Advantages of the venture include expanding Nissan's Infiniti models by adding more shared Mercedes parts, and Daimler can now set up a North American production line for its "MFA" vehicle architecture, while lowering development costs.
  • DDAIF -0.1% AH
Comments (2)
  • bobks
    , contributor
    Comment (1) | Send Message
     
    Daimler sharing anything means trouble ! Remember Daimler's sharing with Chrysler ,what a ripoff .
    27 Jun 2014, 05:13 PM Reply Like
  • Regg Konundrum
    , contributor
    Comments (3) | Send Message
     
    I dig 'em....they've built Daimler Benz's DB603A aero-engine in early "G" models of Messerschmitt Bf-109 "Gustav's" in the ETO WWII in the late 30's and early 40's.......have you ever heard of the DVD "One Summer, Two Messerschmitts"..?..give the soundtrack a listen when they get two inverted V-12 Daimler Benz's to do a fly past under full steam nearly......if I get that $78 million endowment from my old drinking buddy who is moving-on to the Great Las Vegas in the sky one day soon.......I'm building a foundry in his honor for aero engine blocks and heads.....I'm even going to resurrect the Junkers Jumo 213....when and if the legalese can be thoroughly thought through....now I know why America loves Porsches, BMW's, Benz's and Audi's...they've got great taste for finely-engineered machines......
    28 Jun 2014, 03:48 AM Reply Like
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