Renault-Nissan launches joint projects to accelerate integration

Article by Anita Panait, on February 6, 2014

Renault and Nissan will accelerate integration between them by speeding up joint projects in development, manufacturing, purchasing and human resources. Renault-Nissan have raised their combined savings goal by 7.5 percent to "at least" EUR4.3 billion ($5.83 billion) by 2016 by sharing more technology and resources.

Renault-Nissan chief executive Carlos Ghosn had previously aimed for EUR4 billion in cost savings. "Renault and Nissan's partnership is fundamentally based on mutual respect and an attitude where all 'win-win' projects move forward on the fast track," Ghosn said in the statement.

"With the new convergence projects, we will continue on the same path and with the same principles of respect and transparency -- at an accelerated pace." As part of the plans, Renault-Nissan disclosed new executive appointments.

The carmaker has named Christian Vandenhende (managing director of Renault-Nissan Purchasing Organization) as new purchasing convergence project leader and Tsuyoshi Yamaguchi (Renault-Nissan director of common platforms and parts) as new the r&d convergence project leader.

Renault-Nissan also appointed Shouhei Kimura (Nissan's vice president for vehicle production engineering) as manufacturing and logistics convergence project leader and Marie Francoise Damesin (Renault's personnel chief) as human resources convergence project leader.

Renault and Nissan started their sales and production alliance in 1999. Renault owns 43 percent of Nissan, while the Japanese carmaker owns 15 percent of the French carmaker. The alliance resulted to EUR2.69 billion in savings in 2012.

Topics: renault, nissan

If you liked the article, share on:

Pin It

Comments

Recommended

Has Toyota started the production of a new electric supercharger? Well, a patent that was recently published indicated that they might have. And this electric supercharger looks more durable and...
by - March 27, 2017
The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you...
by - March 27, 2017
Sorry to say this to the Sport Quattro Concept fanatics. If you guys have been hoping for the production of this iconic concept to begin, prepare for your dreams to...
by - March 27, 2017
South Korean car company SsangYong recently revealed sketches of their upcoming SUV. We’re not always impressed by Korean car designs, but this one looks quite promising. Yup, it is the...
by - March 26, 2017
Twenty-eight years after the company was first launched by Toyota, which was initially targeted to the United States market only, Lexus has already made its way to over 70 countries....
by - March 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries