Renault and Nissan will bring four key functions closer together to further strengthen their alliance and achieve at least EUR4.3bn (US$5.8bn) in annual savings by 2016.
The functions being brought closer together are research & development, manufacturing and logistics, purchasing, and human resources which will be jointly managed in future.
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Purchasing has been combined significantly for more than a decade but additional convergence projects in R&D and manufacturing will be designed to drive more synergies and economies of scale for the companies.
Christian Vandenhende, managing director of the Renault-Nissan purchasing organisation, will head the project.
Renault and Nissan will look at how to spread resources further, focusing on the acceleration of common platforms, the deployment of a common powertrain strategy while optimising test facilities globally. This organisation will be headed by Tsuyoshi Yamaguchi, director of common platforms and parts for the alliance.
Manufacturing and logistics projects will focus on how to improve plant performance through more rigorous benchmarking, review capital expenditures through standardisation, improve capacity utilisation and logistics efficiency.
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By GlobalDataShouhei Kimura, corporate vice president for vehicle production engineering at Nissan, will be project leader.
The companies will launch a project to create a unified ‘talent management’ policy in human resources across global operations with Marie-Françoise Damesin, executive vice president for HR at Renault, in charge.
The projects are expected to be presented to the appropriate employee representation and corporate decision-making bodies for Renault and Nissan and confirmed by the end of the first quarter 2014.
Renault and Nissan enjoy the longest lasting and most productive cross-cultural collaboration in the auto industry. The companies joined forces in 1999. Since then, they have converged functions including information technology, logistics, customs and trade, and purchasing.
Renault-Nissan chairman and CEO Carlos Ghosn said: “The partnership is fundamentally based on mutual respect and an attitude where all ‘win-win’ projects move forward on the fast track. 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.”
