With Paris calmed, Carlos Ghosn presses on with the Alliance project

With Paris calmed, Carlos Ghosn presses on with the Alliance project

In an interview with the Nikkei news agency, Carlos Ghosn has said that Alliance partners Renault and Nissan are looking to increase synergies and raise annual cost savings to EUR4.3bn this year.

He also said that the agreement between the French government and the Alliance struck late last year means the matter has been settled "in a manner satisfactory to all three parties".

The agreement represents a "good outcome," Ghosn said, adding that "there are no more questions, doubts, discussion. It's all behind us." The two automakers will now "concentrate on developing the synergies," he said.

Ghosn also told the Nikkei that the two companies will share more functions at global and regional levels. The integration of four areas in 2014, including development and purchasing, will broaden, and overhead and administrative functions could be integrated, he said.

On cost savings, Ghosn said the Alliance is looking for EUR4.3bn or more in 2016, up from the EUR3.8bn estimated for 2014. He said there will be more standardisation of parts and development operations will be made more efficient. By 2020, the two OEMs plan to offer self-driving technologies in at least ten models.