• Apr 5th 2010 at 2:28PM
  • 20
According to an unnamed source speaking to Reuters, the Renault board of directors has called an extraordinary meeting on Tuesday, April 6th, to discuss plans to enter into an agreement with German automaker Daimler. As was the case when Renault teamed up with Japanese automaker Nissan, there will reportedly be an exchange of stock, but not nearly at the same level as Renault's 44-percent stake in Nissan.

If the board chooses to move forward – and all indications are that it will – an announcement could be made as early as Wednesday detailing the partnership. It's widely thought that Daimler is keenly interested in Renault's small car expertise for its less-than-wildly-successful Smart car division, and it seems increasingly likely that the two automakers could jointly develop new city car platforms. Might a more family-friendly ForFour (previous generation seen above) be in the offing as rumored? Stay tuned.

[Source: Reuters]

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    • 1 Second Ago
      • 5 Years Ago
      Renault Alliance?? Not that awful car again!
      • 5 Years Ago
      Merger of Equals 2 : The French Connection

      As stated above... good luck. You're going to need it.
      • 5 Years Ago
      Good lock to Renault-Nissan, you'll need it.
      • 5 Years Ago
      Smart Forfour, yeah!

      Remember the Brabus tuned version? No? Here it is:


      And the specs?

      170bhp from 1.4L turbo petrol
      0-60 in 6.8sec

      Must make you Americans wonder why you need one of those big blocks.
        • 5 Years Ago
        @ David , they were too expensive.
        • 5 Years Ago
        Because 6.8s 0-60 is hardly fast. And we don't just like Big V8s...will take some turbo 6cyls as well ;0)
        • 5 Years Ago
        It's way fast! Remember, most other people are cruising around in Fiesta, Corsa or Focus that has a 10-15s 0-60 time... you can easily outrun them and overtake with no effort in this car.
        • 5 Years Ago
        Why did it sell so horribly then?
        • 5 Years Ago
        I would still pick a bigger car with the same speed.
        Why? I don't know about Smart owners, but I don't wanna die when a kid on a bicycle hits my car.
        • 5 Years Ago
        "Must make you Americans wonder why you need one of those big blocks."

        Uh, no, it doesn't.

        Is it lonely up there on your pedestal?
      • 5 Years Ago
      I'm looking forward to the day when we all have to buy our cars from one of 38 brands all owned by the same "alliance". That will be awesome!
      • 5 Years Ago
      I guess none of the previous commenters actually read the short article.

      It's not a major alliance, just a small collaboration, aimed at a very specific market segment.

      (Jeremy Korzeniewski: the smart division had its problems -mainly with its forfour and roadster propositions- but I find it hard to say it is not successful.)
      • 5 Years Ago
      Daimler: The automotive industry's parasite, sucking dry all available resources from their host and then moving on to the next.
        • 5 Years Ago
        Sorry? MB didn't have money to lose. Those broke SOBs didn't even have enough money to restructure themselves, so they stole Chrysler's cash in order to do it.
        • 5 Years Ago
        Corrected it Chrysler that is automotive parasite how many times has gone to bankruptcy and relied on tax payer bailout.
        • 5 Years Ago
        if only it were true , but Chrysler sucked a large amount of MB's money. it's not like Mercedes gained anything from that misadventure , they lost billions.
      • 5 Years Ago
      The key to this is HOW small of a partnership.

      They say it's not going to be near the 44% stake that Renault has in Nissan, but are we talking about 2% or 22%? For Nissan's sake, I hope for as small of a stake as possible.
      • 5 Years Ago
      Beware Carlos.
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