As we come out the other end of this global recession, automakers are struggling to adapt to a new world in which fuel economy standards are getting increasingly tighter and environmental regulations are taking center stage. One way for carmakers to quickly do that is by sharing what they know with other companies so that all the research and development can be pooled and the cost spread out among several players.
Towards that end, a few weeks ago I reported on a rumor that Renault, Nissan and Daimler were in talks to cooperate and form some sort of mega-alliance in which they would save greatly on research and development costs by swapping technologies that each company is specialized in but that the others may be lacking.
It now appears that a tie-up announcement between the three companies will be coming as soon as tomorrow.