Daimler to link up with new compact car partner in mid-2010

It has been revealed that Daimler is looking to link itself up with a new partner for its compact car business and that the German auto giant will decide who it will be sometime next year. Rumors have been circulating that Daimler will tie up with Renault which is planning to set up a line of affordable compact cars and compact electric vehicles, but both parties have yet to make any official announcements.

Daimler’s CEO Dieter Zetsche said that company will announce its new partner by the mid of 2010. Apparently Daimler is paying more attention to the development of compact cars, with its Smart brand as well as with its A and B-Class models from the company’s Mercedes-Benz operation.

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