Japanese carmaker Nissan’s luxury brand Infinity is planning to hold talks with Daimler about sharing an existing Daimler car platform and its engines, a senior executive said on Wednesday. Colin Dodge, Nissan’s executive vice president and chairman Africa, Middle East, India and Europe said the talks would happen tomorrow. He declines to give specifics of the model.
In case the two reach at an agreement, Daimler would supply a vehicle platform and engines to Infinity, which would then add “the unique body and interior on top," said Dodge. Daimler and Renault-Nissan alliance, in a deal that involved a 3 per cent cross-shareholding, signed a deal to work together on several.
In terms of sales, Nissan is doing well, he said. “There’s only one real headwind at the moment globally, the yen,” he said. He said that achieving a consolidating operating profit of around 8 per cent and a “reasonable return to shareholders” would be big sign towards recovery.
“Except for the yen, we could do that now,” he said, adding that as things stand it would take around six months.