UPDATE 3-Mercedes, Nissan expand cooperation to build pickup
* Mercedes pickup to share underpinnings with Nissan P300
* Mercedes, Nissan, Renault collaboration expanded
* Trucks to be built in Spain and Argentina (Adds comment from Argentine president)
By Edward Taylor
FRANKFURT, April 7 (Reuters) - Daimler AG on Tuesday said it would expand its cooperation with partner Nissan Motor Co Ltd to develop a mid-sized pickup truck for Mercedes-Benz as the German premium automaker seeks to narrow its sales gap with rival BMW.
The new Mercedes-Benz pickup targets commercial and private clients in Europe, Latin America, Australia and South Africa, and will share some of the underpinnings with an all-new Nissan NP300 truck, Daimler and Nissan said in a joint statement.
"Entering the rapidly growing segment of midsize pickups is an important step in continuing our global growth path," Daimler Chief Executive Dieter Zetsche said.
"Thanks to our well-established partnership with the Renault-Nissan Alliance, we are able to drastically reduce the time and cost to enter this key segment."
Late last month Mercedes announced it will build a medium-sized pickup truck for customers outside North America, entering a new vehicle category which has been dominated by lower-priced brands. Continuación...