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Collaboration Between Daimler and Renault-Nissan Advances Globally, CEOs Say


Collaboration Between Daimler and Renault-Nissan Advances Globally, CEOs Say


    --  Portfolio of jointly developed major projects has jumped from
        three to ten
    --  Nissan and Daimler have completed factory building for the
        joint production of engines in the USA

FRANKFURT, Germany, Sept. 11, 2013 /CNW/ - The chief executives of the 
Renault-Nissan Alliance and Daimler AG said today that their companies' 
partnership is advancing quickly, and the scope of the collaboration is 
increasingly global.

The French-Japanese-German partnership began in April 2010, with three "pillar 
projects" primarily focused on Europe. Since then, the portfolio has increased 
to ten significant projects, including major initiatives from North America to 
Japan. In addition, relevant business units are working together in 
best-practice sharing and other forms of cooperation.

"While our initial collaboration focused strongly on European projects, we are 
now focusing on synergies in all key markets," Renault-Nissan Chairman and CEO 
Carlos Ghosn said today at an annual media briefing on the partnership. "The 
largest economies of scale are always global."

"We will continue to seek out new projects together that make sense for all 
partners and, most importantly, our customers," Daimler CEO and Head of 
Mercedes Benz Cars Dieter Zetsche said.

The CEOs cited the joint production of Mercedes-Benz four-cylinder gasoline 
engines in Decherd (Tennessee, USA) as a good example of how the partners 
profit from the cooperation. Just one and a half years after the 
groundbreaking in May 2012, the factory building for the joint production of 
Mercedes-Benz four-cylinder gasoline engines is now complete. Production 
machinery is now being installed and the start of production is planned for 
mid-2014. The engines produced in Decherd will then be used in the 
Mercedes-Benz C-Class, which is produced at the Daimler plant in Tuscaloosa 
(Alabama, USA), and in new Infiniti products.

Joint development work is also proceeding on schedule for a new family of 
shared three- and four-cylinder gasoline engines with turbocharging and direct 
fuel injection. The engines will make use of the latest technology and will 
have significantly improved fuel consumption.

For the full release, go to: 
http://www.media.blog.alliance-renault-nissan.com/news/4456

SOURCE Renault-Nissan Alliance

Thomas Fröhlich, +49-711-17-41361 (Daimler AG) Mia Nielsen, +33(0)6-10-83-31-33 (Renault-Nissan Alliance)

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/September2013/11/c6196.html

CO: Renault-Nissan Alliance NI: AUT VNT

-0- Sep/11/2013 15:59 GMT

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