Mercedes has ruled out cooperating with Renault in the development of its all-new turbo V6 engines for formula one. On the road-car side, however, Mercedes and Renault-Nissan do cooperate, and it is expected the alliance will only be expanded further in the months to come. Henry Foy, a correspondent for the Financial Times, said the cooperation comes as "all global carmakers explore partnerships and joint ventures to reduce costs and grow in new markets". "The moves are designed to cope with the worst European car market in two decades and unprecedented pressure to innovate into new areas, such as more fuel-efficient cars," he added. But Dieter Zetsche, the chairman of...
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