brands but this sort of chill going along the not really big players they do have their problems and like all the automakers big automated they face a major major. because the industry shifts to electoral mobility there are strict emission standards there is new technologies like auto autonomous driving and there are a lot of players out there especially new ones like tesla even google who have an edge so in order to actually still get a piece of the market there is consolidation and chrysler and then all that was the plan to consolidate to pool their resources in order to share all the investment in new technologies and hopefully give them an h. ok if there s no edge by pooling resources where does this lever know well right now at least renault sort of will this out of the u.s. market because french cars don t really have much market share in the united states now joining forces with the cries of i would have opened up a new market position for them and right now for i know this is
automobile driving and autonomous driving among them software companies like google of course another reason for working together the continuing trade frictions between the u.s. e.u. and china v.w. and ford have said in the past that and the alliance would not involve a merger. now let s dig a little deeper into the story with lee bars our correspondent the frankfurt stock exchange lead to big car companies one from europe one from the u.s. of the major players out there what are they getting out of what is this a partnership alliance. yeah we don t know yet the details according to the reports are set to be released when the detroit motor show gets going next week and of course everybody s interested what exactly this entails but we hear that it entails pooling resources in order to be more effective and more cost effective also getting into the future of the car business that is self driving cars and electric cars and that s
the major players out there what are they getting out of what is this a partnership alliance. yeah we don t know yet the details according to the reports are set to be released when the detroit motor show gets going next week and of course everybody s interested what exactly this entails but we hear that it entails pooling resources in order to be more effective and more cost effective also getting into the future of the car business that is self driving cars and electric cars and that s a huge challenge not only from the engineering standpoint but also organizing production perhaps reorganizing production and also of course stemming all the money that has to be stemmed for for financing all of this together i think the two see a chance to get ahead of the game for other companies and especially from the v.w. side cost saving will be a big motive for entering into such a venture. and only among those other companies driving vehicles for example. we re
massive debt the two firms later forming a partnership trading shares in one another and forming its common board of directors in two thousand and five dollars gone became c.e.o. of both companies and chair of the board is on that approach as the stake in it s a big go and became chairman there the alliance has made the comic as powerful by pooling resources but it s unwieldy and go and was known as the glue that held it together at first glance it s just a normal day as the employees from nissan head into work but in reality it s the day after their boss carlos grown was arrested. or no stick with bones arrest is regrettable as he s the one who helped nissan turn around its business. last night i hope management can work hard to regain the public s trust most what i did on my what i take advice and trust that carlos is accused of abusing the superstar auto manager is said to have underreported his income for several years
nic robertson. nic, good to see new a windy hamburg. what can you tell us about this agreement on syria between the two countries? yeah, fred what s real i had interesting, we just heard from president putin speaking about it. and you know, he really seemed to feel that the world had somehow missed a headline here about this cease-fire. he said it s a big deal and he implied that no one had sort of picked up on this. but he also had language that was really fascinating. it went beyond what we heard from secretary tillerson yesterday, when he was explaining that conversation between president trump and president putin. president putin believes that the united states has now arrived at a more pragmatic position. that was his word. where they are, you know, in a position of pooling resources, he says it appears the united states has arrived at a more pragmatic position and it s ready to pool resources in syria. in a common fight. and president putin s mind, he seems to think that there