JAPAN: Renault-Nissan alliance to boost engine sharing
Nissan Motor and Renault will expand their alliance to take in a broader range of areas as part of efforts to bolster earnings, the head of the two companies, Carlos Ghosn, said in an interview with the Nikkei business daily.
Nissan Motor and Renault will expand their alliance to take in a broader range of areas as part of efforts to bolster earnings, the head of the two companies, Carlos Ghosn, said in an interview with the Nikkei business daily.
Ghosn told the paper that Renault and Nissan would increase engine sharing from the current eight, and thus expected to boost annual earnings to at least double this year’s EUR500m or JPY65bn.
The alliance would also temporarily halt new development of platforms and concentrate on saving money through more efficient use of existing platforms.
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