The Renault-Nissan Alliance is strengthening synergies in four core divisions and launching new convergence projects to boost efficiency and revenue.
Convergence includes integrating divisions, creating common processes, exchanging talent, and other significant sharing of resources. Convergence helped Renault and Nissan generate more than €4bn (US$4.4bn) in annualized synergies in calendar-year 2015.
During a recent convention of top Alliance executives globally, Renault-Nissan revealed that it is strengthening synergies in engineering, manufacturing engineering and supply chain management, purchasing, and human resources. These functions converged in 2014 and already have Alliance executives managing the units.
The Alliance also plans to partly converge quality and costing to support the original four converged functions. The Alliance will study other opportunities to increase synergies in sales and marketing, connectivity and connected services, product planning, aftersales and other support functions.
March 8, 2016
