Daimler and BMW will be holding interactive sharing a small car chassis

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According to German media, has a well-known brands such as Mercedes-Benz cars German car maker Daimler and BMW will be the exchange of shares and to initiate new business.

It is reported that Daimler plans to bid in the negotiations to obtain the stock BMW's 7 percent share, while BMW will also receive a certain percentage of Daimler shares.

In business cooperation, the two companies prepare to share small car at the chassis, as well as joint procurement of parts and components, such as cooperation, reduce production costs. As representatives of the two major German car manufacturers admit separately, because the market downturn, poor product sales, they hope that through this cooperation to overcome the current difficult business environment