Nissan Motor and Renault plan to utilise common parts in the production of new versions of the Nissan March (Micra) and Renault Clio to cut costs by around 30%.

The common parts in the two models are expected to make up around half of the total parts used, reports Japanese daily Nikkei. The models are likely to roll out in 2015. The unified format is currently focused on around 3m small vehicles per year, but the two alliance partners intend to gradually extend it to other models as well.

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The report said company officials were meeting to finalise a strategy for using the common parts from the design stage.

Developing shared engineering architectures (platforms), shared parts and combined procurement strategies have been at the heart of the Renault-Nissan Alliance.

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