Daimler reportedly to end ties with Renault Nissan, cut jobs

Carlos Ghosn (left) and Dieter ZetscheDaimler will seek to make major cost cuts and end ties with the Renault Nissan Mitsubishi Alliance, Manager Magazin reported on Thursday. According to the German publication, incoming Daimler CEO Ola Kaellenius will not renew joint projects with the Renault Nissan Mitsubishi Alliance. He will also reportedly seek to make 6 billion euros ($6.75...

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