Daimler and Nissan to invest $1.36 bln to develop, build small cars
June 27, 2014 at 09:32 AM EDT
FRANKFURT, June 27 (Reuters) - Daimler AG and Renault Nissan will invest 1 billion euros ($1.36 billion) to develop small cars and build a factory in Mexico, the companies said on Friday, in a step that deepens cooperation between the premium Mercedes-Benz and Infiniti brands.
