Renault-Nissan, Daimler to announce alliance Wednesday

Chennai: Putting an end to all speculation, the Franco-Japanese automobile alliance Renault-Nissan and the German automobile major Daimler AG are expected to announce their cooperation Wednesday in Brussels.Representatives of the three companies will address a joint press conference Wednesday. For quite some time talks about equity swap between Renault and Daimler were on though the parties had denied this. Renault-Nissan chief executive Carlos Ghosn on his recent visit here termed the....




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