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Report: Daimler, Renault-Nissan alliance could be announced Wednesday

According to an unknown 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.

Report: Daimler, Renault-Nissan alliance could be announced Wednesday

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.

Smart move? Daimler reportedly teams with Renault for next-gen minicar

2009 Smart Fortwo – Click above for high-res image gallery

Smart move? Daimler reportedly teams with Renault for next-gen minicar

2009 Smart Fortwo – Click above for high-res image gallery