BRUSSELS: Auto giants Renault, Nissan and Daimler launched a partnership on Wednesday to save billions of euros and go faster sales of low-pollution electric cars.Renault-Nissan and Daimler AG, which makes the luxury Mercedes-Benz line and the Smart brand aimed at busy cities, will exchange shares and technology as the auto industry bids to bounce back following recession.
The tie-up pulls together a French group, Renault which has been tied to Nissan for 11 years and makes an extensive range of cars, and the prestigious German collection of Daimler.
The companies, which anticipate to generate combined savings of four billion euros (5.34 billion dollars) over the first five years of their cooperation, will share obtainable diesel and gasoline (petrol) engines while together developing technology for new electrical versions.
They plan to make and market new cars and vans in a bid to close the gap on the world's best-selling auto makers, a alike alliance finalized last year between Volkswagen and Suzuki, and Toyota.
Renault chief Carlos Ghosn said he would remain prudent in terms of how the tactical cooperation would affect employment in an industry that has been decimated in Europe, with hundreds of thousands of developed jobs transferring out of the region.
However, he said that more than 1,000 new jobs, generally for engineers and short-term workers, would be created in research and growth facilities in France.
France's CGT union largely welcomed the the prospect of new work, but said it wanted to guage the effects on all Renault's activities.
In an fairness exchange that Daimler chairman Dieter Zetsche said was mainly symbolical, Renault-Nissan will take a 3.1-percent stake in Daimler while the German massive will take a 3.1 percent stake in new Renault stock and 3.1 percent of Nissan from its obtainable shares.
Nissan was already 44.3-percent owned by Renault, though the Japanese firm itself owned 15 percent of the French corporation another 15 percent of which is held by the French state, which gave its blessing to the agreement.
The French state said later it will acquire another 0.55 percent of Renault as fraction of the deal.
For More Information On Auto transport companies Please Visit This Site: http://www.transportrankings.com/ OR http://www.movetransport.com/
0 comments:
Post a Comment