Eco-friendly cars creating alliances among car companies

The need to spread the huge costs of developing modern eco-friendly cars was the key factor in negotiations that led to Wednesday’s announcement of a loose capital tie-up between the Nissan-Renault alliance and Germany’s Daimler AG.

While demand for eco-cars is expected to increase because of stricter regulations for carbon dioxide emissions, development costs for these cars can be prohibitive for a single automaker.

The three companies instead hope to share each other’s technologies, allowing them to develop a wider range of fuel-efficient cars at lower cost.

Read the rest of the story: Huge eco-car bill prompts tie-up

2 Replies to “Eco-friendly cars creating alliances among car companies”

  1. If Daimler made an alliance with Renaul Nissan, then they are allied with romanian Dacia too :)). I never thought that something like that could happened.
    On the subject: I just wait 2012 to see on the streets the electric cars that Renault promised us.

  2. If Daimler made an alliance with Renaul Nissan, then they are allied with romanian Dacia too :)). I never thought that something like that could happened.
    On the subject: I just wait 2012 to see on the streets the electric cars that Renault promised us.

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