By Laurence Frost and Ilona Wissenbach PARIS/STUTTGART (Reuters) - Daimler and Nissan have finalized a joint venture deal to build future Mercedes and Infiniti compact cars in Mexico, sources with knowledge of the matter said on Thursday as the automakers called a news conference to unveil the plans. The companies are preparing to announce a "substantial investment" to develop the vehicles on Daimler's front wheel-drive architecture and assemble them at Nissan's Aguascalientes site northeast of Guadalajara, the sources said. The 50-50 venture, first reported by Reuters in March, will broaden Nissan's premium Infiniti lineup, expand Daimler's North American production and reinforce the German carmaker's relationship with the Renault-Nissan alliance. Daimler Chief Executive Dieter Zetsche and his Renault-Nissan counterpart Carlos Ghosn will unveil a new cooperation deal at a 1330 GMT (9.30 a.m. EDT) news conference on Friday, both companies said, declining to comment further.
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