Nissan Motor Co. is considering procuring V-8 gasoline engines and large-displacement diesel engines from Daimler AG of Germany to power its vehicles, sources said Tuesday.
The procurement appears to have the aim of facilitating a proposed cross-shareholding capital tieup between Daimler and Renault SA, which owns more than 44 percent of Nissan, the sources said.
The procurement would enable Nissan to cut back on development costs for such engines, while allowing Daimler to squeeze costs through improved economy of scale, they said.