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Renault-Nissan Alliance and Daimler announce cooperation

The Renault-Nissan Alliance and Daimler have announced that they will cooperate on future vehicles, including the next-generation smart fortwo and Renault Twingo, including electric versions.

Reducing the CO2 footprint of Daimler appears to be a key driver for this move.

There will be widespread powertrain sharing and co-development on future passenger car and light commercial vehicle projects.

Specifically, this will mean the sharing and co-development of diesel and petrol engines from the Renault-Nissan Alliance, to be used in the new smart and Renault Twingo, and to be adapted and modified for Mercedes-Benz’s new generation of premium compact cars.

The successor to the current smart fortwo, a new smart four-seater and the next-generation Renault Twingo, will be engineered on the basis of a jointly developed architecture. All vehicles will clearly differ from each other in terms of product design, but one main characteristic of the new architecture will be the unique rear wheel drive concept used by current smart vehicles.

The launches of the jointly developed models are planned for 2013 onwards. Right from its market launch, the jointly developed future models will also be available with an electric drive.

There will also be the sharing of Daimler petrol and diesel engines to Infiniti, the luxury division of Nissan, and the sharing of a Renault-Nissan Alliance diesel engine and transmission for the Mercedes-Benz Vito, as well as collaboration in the field of light commercial vehicles.

There will also be an equity exchange that will give the Renault-Nissan Alliance a 3.1% stake in Daimler and Daimler a 3.1% in Renault and a 3.1% stake in Nissan.

Keywords: Renault-Nissan Alliance, Daimler, cooperation, smart fortwo, Renault Twingo