Cars
Daimler, Ford, Renault and Nissan Sign Deal For Joint Development of Fuel Cell System
Ford Motor Company, Mercedes-Benz's parent company Daimler AG and the Renault-Nissan Alliance announced on Monday that they signed a three-way agreement concerning the joint development of a common fuel cell electric vehicle system. The deal, which was signed in Yokohama, Japan, by Tomas Weber (Daimler), Raj Nair (Ford) and Mitshuhiko Yamashita (Nissan), aims to accelerate the development time of fuel cell technology, maximize design commonality and reduce costs through economies of scale.
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Bmw And Toyota To Jointly Develop New Sports Car And Numerous Technologies
Last December, the BMW Group and Toyota entered a mid-to-long-term partnership on the sharing of hybrid systems and diesel engines, which was enhanced this past March with an agreement on the development of lithium-ion battery cell technology. Now,...
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Renault To Build A New Luxury Model Based On A Mercedes Platform
The Renault-Nissan Alliance is deepening its ties with Daimler and the Mercedes-Benz brand. The two groups, which have already moved ahead with a multitude of joint projects such as the upcoming Renault-based Mercedes Citan van, the production of Mercedes...
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Sprouting From Brussels: The Nissan-renault-mercedes Alliance?
It appears as if Daimler and Renault-Nissan will be announcing another super-alliance tomorrow, following closely on the heels of the Volkswagen / Suzuki Eurasian powerhouse. Renault Chairman/CEO Carlos Ghosn and Daimler CEO Dr. Dieter Zetsche will be...
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Mercedes' Parent Company Daimler Acquires 10% Stake In Tesla Motors
Turns out that the yesterday's rumors were spot on as Mercedes-Benz' parent company, Daimler AG, announced today in a press conference in Stuttgart that the German firm has acquired an equity stake of nearly 10 percent of Tesla Motors. The two...
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Daimler To Form New Chinese Joint Venture With Beiqi Foton
Mercedes-Benz's parent company Daimler AG has signed a letter of intent to form a new 50:50 joint venture with China's Beiqi Foton Motor Co., Ltd to produce medium and heavy-duty trucks and exchange technology in China. The deal between the companies...
Cars