Daimler and Renault are discussing acquiring mutual equity stakes as part of a possible alliance that would go beyond their current talks on small cars, two people briefed on the matter told the Financial Times.
If the talks are successful, the German and French carmakers would take stakes in each other as part of “a longer-term framework for cooperation”, according to one of the people.
Discussions have been long- running, and are still ongoing, these people said. Renault and Daimler declined to comment.
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