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Daimler And Renault Examine Capital Tie-Up

March 2010 | Company News Alert

Two of Europe's biggest carmakers, Daimler and Renault, are exploring possibilities of a tie-up in the form of mutual equity stakes, in a bid to save costs and cooperate on vehicle technologies as a means to compete in the industry. However, given Daimler's poor record with partnerships and Renault's existing alliance with Japanese

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