Subscribe Now

* You will receive the latest news and updates on your favorite celebrities!

Trending News

By using our website, you agree to the use of our cookies.

Blog Post

Renault-Nissan execs say efficiency push will create industry’s ‘most powerful’ alliance
Cars and other vehicles

Renault-Nissan execs say efficiency push will create industry’s ‘most powerful’ alliance 

TOKYO — Renault, Nissan and Mitsubishi said they would revive their struggling alliance by dividing markets and technologies in a bid to achieve a smaller, but more sustainable, global business that will reemerge as “the most powerful combination of companies in the world.”

Under the new strategy, which was unveiled on Wednesday, alliance executives said they will create further efficiencies by extending commonization of vehicle platforms to upper bodies. They will also select a “mother vehicle” that will serve a template for every other model in the segment.

Across the three automakers the plan will reduce the number of vehicle platforms in half to four commonized architectures in a move that will save 40 percent on product development.

About half of all alliance models will be developed and produced under this approach by 2025.

The plan was delivered at a joint online press conference from Tokyo and Paris by the leaders of the alliance — Alliance Operating Board Chairman Jean-Dominique Senard, Nissan CEO Makoto Uchida, Mitsubishi Chairman Osamu Masuko and Renault acting CEO Clotilde Delbos.

“In a few years’ time, given what we’re doing now, this alliance is going to be the most powerful combination of companies in the world,” said Senard, who is also Renault’s chairman. “This step today is absolutely essential.”

Unlike alliance midterm plans of the past under former Chairman Carlos Ghosn, the new strategy does not have big numerical targets. It keeps to conceptual goals. The assembled leaders also repudiated the alliance’s old goals of volume for a redoubled focus on profits.

Related posts

Leave a Reply

Required fields are marked *