The Renault-Nissan Alliance celebrated its tenth anniversary
Tokyo / Paris (26 March 2009): signed 27 March 1999, the Renault-Nissan Alliance has built a unique economic model, which generates significant value for both companies.
For ten years, the salaries of Renault and Nissan are working together in mutual respect for their culture and brand identity.
"From the outset, the Alliance was founded on the principle of mutual trust and profitable growth objective, stated Carlos Ghosn, CEO of Renault and Nissan. We continue to apply these principles and objectives, while adapting constantly to the current economic environment, which is difficult. The Alliance gives Renault and Nissan now has the tools to survive the global economic and financial crisis, and emerge strengthened. "
Some key figures illustrate the profits of the Alliance for the two companies:
Profitability and market capitalization *
Since its inception, the Alliance has a strong increase profitability and market capitalization of both companies.
In terms of market capitalization, Renault has more than tripled, from 8.4 billion euros to 27.6 billion euros. Renault has reached the 6th place in the automotive industry in 2007, when she was in eleventh place in 1999. On the same period, the market capitalization of Nissan quadruple from € 9 billion was 34.2 billion euros. Japanese society has reached the 5th place in 2007, when it was 10th in 1999. Br /> The average operating result for the period 1999 to 2007 has increased significantly compared to the period from 1990 to 1999. Operating result was multiplied by five for Renault, from € 442 million to € 2 126 million and multiply by eight Nissan 79.6 billion yen to 636.1 billion yen.
Contribution in cash
Renault brings 6.4 billion euros Nissan. Nissan has contributed to more than 11 billion euros to the results of Renault. Mutual payments of cash, capital, profits and dividends between the two companies have been realized.
* The comparison focuses on the years 1999 to 2007, since the 2008 financial results will be available Nissan that at the end of the Japanese fiscal year (31 March 2009).?
Ten years, ten major achievements
Sales of both companies have increased by 4,989,709 units in 1999 to 6,090,304 units (excluding AvtoVAZ) in 2008.
Renault-Nissan Purchasing Organization (RNPO)
RNPO is the largest organization of the Alliance. She negotiated the purchases on behalf of Renault and Nissan. Effective April 1, 2009, RNPO covers 100% of purchases of both companies while it only covered 30% at the time of its creation in 2001.
Platforms and common components
Sharing platforms and components (parts not visible to the customer, such as gearboxes or air conditioning systems) allow to realize the economies of scale and reduce the cost of development and production .
Common platforms, namely the B platform (notably Nissan Tiida / Versa and Renault Clio) and the C platform (notably Renault Megane / Scenic and Nissan Qashqai) represent over 50% of vehicles sold by Renault Nissan in the world in 2008.
Exchanges and joint developments of engines and gearboxes
Relying on the expertise of each partner - for Renault diesel fuel for Nissan, the Alliance co-developed the mechanical bodies, including a V6 diesel engine and manual gearbox has six reports. Renault and Nissan also exchange engines and boxes. For example, 3.5l petrol engine from Nissan team Renault Laguna and the 1.5l diesel engine Renault Team Nissan Qashqai. Eight engines are used in common.
Renault and Nissan cooperate in matters of research and advanced engineering. They possess a common technology plan based on four pillars: safety, environment and CO2, life onboard and dynamic performance.
Regarding the "zero emission" technologies, electric vehicle is a strategic priority of the Alliance. At present, nearly 20 agreements were signed with governments and businesses to launch the first electric vehicle in 2010 and the mass marketing of a full range in 2012.
Standardization of manufacturing
The Renault Production System (SPR), applies in all Renault factories, draws heavily on the Nissan Production Way (NPW). Since its implementation, productivity Renault has increased by 15%.
By leveraging the best practices of both Renault and Nissan, the Alliance partners have developed the Common Process Alliance or System Integrated Production Alliance. It will be used initially in the factories 'greenfield' of India (Chennai) and Morocco (Tangier).
Within the Alliance, each company has the possibility to use the production capacities of its partner. Currently, Renault factories produce Nissan vehicles in Korea (Almera Classic) and Brazil (Livina), whereas Nissan assembles Renault vehicles in South Africa (Sandero), Mexico (Clio) and Spain (Traffic).
Thanks to their geographical complementarities, Renault and Nissan cover key markets on all continents. Renault's historical territories are Europe, North Africa and South America. The main steps of Nissan Japan, North America, Mexico, China and the Middle East. To extend their global presence, Renault and Nissan have introduced a whole new territory, India.
Expansion of product lines
The Alliance has contributed to the expansion of the ranges of both companies. Nissan has diversified its range of lightweight utilities in Europe in cross-badgant Renault products: Renault Kangoo / Nissan Kubistar, Renault Master / Nissan Interstar, Renault Trafic / Nissan Primastar.
Koleos, the first crossover 4x4 Renault, was developed by Nissan with its advanced technology 4x4.
As an actor industrial and economic world, the Alliance has developed a unique experience in intercultural management. Each year, more than 30 representative teams of regions and functions of Renault and Nissan cooperate to identify synergies and best practices. Since the beginning of the Alliance, several thousand people have worked together and participated in this cross-cultural experience.
"We are proud of what we have realized over the last 10 years, stated Carlos Ghosn, and we intend to further increase the potential of the Alliance in the future. Making full use of our partnership, we will take further steps to deepen the synergies and contribute to the profitable growth of each of the companies. "
As was announced in February, the Renault-Nissan Alliance will publish the complete list of synergies in May 2009.
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