Business

Daimler, Renault and Nissan tie-up for money savings
by Zivka Deleva

To fight better against the world economic crisis, big car makers decided to unite their forces and become stronger. Here we are talking about French Renault, Germans Daimler and Japanese Nissan. The idea is to exchange capital, to share their knowledge in making small cars, on fuel-efficient technologies, and work together on commercial vans, especially in Europe. It is not like I am some big car expert, but this alliance seems a little bit weird to me, especially, what is such a giant car company like Daimler doing with smaller like Renault and Nissan? But, when it comes to business, it seems like everything is calculated. The basic idea is to save costs, but on the other! hand, it seems like, still the French and Japanese partners are about to gain more from their more powerful partner. This is not a first time cooperation between Renault and Nissan. They started mixing their shares since one decade ago. So, by now, Renault has 44.3 percent stake in Nissan, while the Japanese partner has only 15 percent from the French car producer. But, it seems like Nissan is not satisfied only with this partnership. The company is very much aware that if it wants to survive the market, it has to enter new cooperation, so the chase for new tie-ups continues. This European-Asian collaboration is about to find some opportunities in the U.S and might also work on the development of electric cars. The most important reason why these three companies decided to get together, off course, is the money savings. It is expected that they are going to save around four billion euro over the first five years of the partnership. We must agree, that is a lot of money!!

by Zivka Deleva for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

posted by Blog TechSource @ 12:18 PM