The automotive Depression -No Money, 3% Barter Daimler-Nissan?
Post date: Apr 5, 2010 8:07:42 PM
Barter-based automotive Marketplace:Exchanging platforms and equivalent stakes
Nissan & Daimler to "buy" 3 pct stake in each other
Imagine a world without sub-primes, no banks involved, no capital transfer tax shows up
Currently, Renault owns 44.3% of Nissan, while the Japanese automaker has a 15% stake in the French firm. Renault and Daimler will hold interests of about 3 percent in each other,
Nissan and Daimler moving towards a similar arrangement, Nissan supplies electric cars (LEAF?) to Daimler
The three firms are expected to share parts and platforms to cut costs, the daily said. Specifically, Nissan may procure large engines and clean diesel engines from Daimler, while supplying electric cars and rechargeable batteries to the German firm.
Original unique Smart for 2 produced in France dead ?Despite poor sales for its "Smart" brand of minicars, Daimler sees a turnaround by sharing parts with automakers strong in small vehicles segment, the Nikkei said. Next: the: Smart - Twingo ? by Daimler - Renault. HT vs low cost
source: reuters.com
Ranking production vehicles 2009:
Daimler - Nissan - Renault: 7.2 million
Volkswagen - Suzuki: 8.6 million
Toyota: 7.8 million
2 bn cars by 2050 ?
The uncertainty is striking for a $5-6 trillion global auto and fuel supply market, where there is agreement
only that the number of cars will keep rising, perhaps doubling to 2 billion by 2050.
Explainer:
Barter = goods or services deemed equal of value by two parties with no intermediaries are exchanged
Money = the political "enslavement" of another party with less money usually with the intermediaries of banks and government taking a cut from the "exploited" and with law courts enforcing this deal
Update Int'l:
Renault Nissan s'associe à Daimler, champion des mariages ratés 06.April.2010 source: lemonde.fr
Renault pourrait l'utiliser pour produire la future génération de Twingo et l'un de ses quatre véhicules électriques, probablement, le Twizzy, un bi-place en tandem, qu'il avait présenté au Salon de Francfort en septembre2009.
Pour Daimler, cet accord lui permettra de développer la prochaine génération de ses Smart ainsi que de sa Classe A et Classe B. Et peut-être enfin de gagner de l'argent sur ce segment : faute de volumes suffisants, Daimler perd chaque année de l'argent. L'autre grand volet de l'alliance concerne les moteurs essence et Diesel.