SOURCE: Industrial Info Resources

Industrial Info Resources

April 20, 2010 05:00 ET

Daimler-Nissan-Renault Partnership Could Begin New Trend in Struggling Automotive Sector, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 20, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Throughout the recession, smaller automakers arguably have been hurt more than major automakers. Recently, Daimler AG (NYSE:DAI) (Stuttgart, Germany) formed a partnership with Nissan Motor Company (OTC:NSANY) (Japan) and Renault S.A. (France) that will be watched closely by both the major automakers and the smaller automakers, as this type of arrangement could begin a trend that will affect the entire automotive sector worldwide.

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