Thursday, June 26, 2014

Daimler, Nissan To Co-Operate On Mexican Factory

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Daimler and Nissan have agreed to a joint-venture that will see front-drive Infiniti and Mercedes models built at a Nissan plant in Aguascalientes, Mexico.

Reuters is reporting that the deal is the largest between the two entities. The deal gives Infiniti a range of front-drive cars, including a sedan, coupe and SUV, based on the same architecture underpinning the Mercedes A, B, CLA and GLA-Class models.

In return, Mercedes will get a low-cost, NAFTA zone production site for these models, which tend to have lower profit margins.



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