Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, and Carlos Ghosn, Chairman and Chief Executive Officer of Renault-Nissan, spoke at a live Internet press conference today, June 27, where they announced plans to jointly develop premium compact vehicles and produce them together in Mexico.

The Renault-Nissan Alliance and Daimler AG are significantly expanding their cooperation with joint development of premium compact vehicles and joint production in Mexico.