AMSTERDAM, January 30, 2014 /PRNewswire/ --
The Renault-Nissan Alliance is launching convergence projects in four key functions to enhance performance and achieve at least a €4.3 billion annualized synergy goal by 2016.
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The Alliance announced today that it will study increased convergence in Research & Development, Manufacturing & Logistics, Purchasing, and Human Resources to be jointly managed by Renault and Nissan.
"Renault and Nissan's partnership is fundamentally based on mutual respect and an attitude where all 'win-win' projects move forward on the fast track," said Renault-Nissan Chairman and CEO Carlos Ghosn. "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." (Watch our video news release here: http://www.media.blog.alliance-renault-nissan.com/news/4765)
Four Areas of Focus
Four operations are launching convergence projects, including:
Full press release available here: http://www.media.blog.alliance-renault-nissan.com/news/4765
Contact:Mia Nielsen+33(0)6-10-83-31-33Renault-Nissan Alliancemia.nielsen@renault.com