Nissan Motor Co.'s (7201.TO) Chief Executive Carlos Ghosn said Wednesday the company's Infiniti brand will start producing a new car based on Daimler AG's (DAI.XE) Mercedes-Benz brand technology in 2014 as part of a wider effort to extend Nissan's cooperation with the German auto maker.

Speaking in a joint press conference with Daimler CEO Dieter Zetsche at the Frankfurt Motor Show, Ghosn said Nissan's French alliance partner Renault SA (RNO.FR) is looking into using Mercedes-Benz modules as well.

Zetsche noted cooperation efforts have exceeded his expectations since Daimler forged an alliance with Renault and Nissan last year.

The Renault-Nissan alliance collectively holds a 3.1% stake in Daimler and the German premium auto maker has an equivalent stake in each of its two alliance partners. Under the cooperation agreement, the three companies pledged to cooperate in developing small vehicles and engines to reap cost synergies. They also agreed to cooperate in the field of light commercial vehicles.

-By Christoph Rauwald, Dow Jones Newswires; +49 69 29 725 512; christoph.rauwald@dowjones.com

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