Daimler And Nissan Approve Joint Mexico Production: Sources
Daimler and Nissan have finalized a joint venture deal to build future Mercedes and Infiniti compact cars in Mexico, sources with knowledge of the matter said on Thursday as the automakers called a news conference to unveil the plans. The 50-50 venture, first reported by Reuters in March, will broaden Nissan’s premium Infiniti lineup, expand Daimler’s North American production and reinforce the German carmaker’s relationship with the Renault-Nissan alliance.
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