GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE USE OF RESOURCES AND INVESTMENTS
30 Janvier 2020 - 1:09PM
GROUPE RENAULT: RENAULT-NISSAN-MITSUBISHI FURTHER STRENGTHENS THE
USE OF RESOURCES AND INVESTMENTS
PRESS STATEMENT – Boulogne-Billancourt, Yokohama, Tokyo,
January 30th,
2020
RENAULT-NISSAN-MITSUBISHI
FURTHER STRENGTHENS THE USE OF RESOURCES
AND INVESTMENTS
Renault-Nissan-Mitsubishi today outlined a new
framework to further reinforce its business model and strengthen
its management structure. All three companies reiterated that the
Alliance is essential for strategic growth and enhance
competitiveness for each company.
The new framework, ratified at a meeting of the
Alliance Operating Board (AOB) in Yokohama, Japan, will enhance the
ability of the Alliance member companies to capitalize on the
individual company’s strengths and complement their strategies.
The AOB also reaffirmed key programs outlined at
the previous board meeting in November to support initiatives that
will enable each member company to increase competitiveness and
profitability amid the industry shift to new mobility services.
New framework to leverage member-company
strengths
We are reinforcing the collaboration models to
fully leverage the strengths within each company to enhance our
leadership across regions, products and new
technologies.
As of today, the AOB has
decided:
- On regions, each of the three companies will
be the reference company for a dedicated region: Nissan for China,
Renault for Europe, Mitsubishi for South East Asia.
- The engineering will work on a leader/follower
model, expanding this scheme to platforms, powertrains and key
technologies. Thus, one company will take the lead in the Alliance
for the development of each key technology, which will then be
spread among Alliance partners.
- The AOB also decided to pool the three companies CAFE
credit in Europe as early as 2020.
- On LCV, Renault will develop and manufacture,
in Sandouville plant, the Mitsubishi van based on Renault Trafic
platform to be sold in the Oceania region.
- Strategic Mid-term plans of the three
companies will be disclosed simultaneously around May 2020,
integrating the major consequences of the Alliance Operating Board
decisions.
This new scheme will enhance the effectiveness
and efficiency of Alliance projects, to further strengthen use of
resources and investments within the three companies.
Evolution of Alliance governance to
ensure execution
The AOB, which consists one chairperson and the
chairperson or chief executive officer of each member company, also
agree to engage actively with the respective Board of Directors of
Renault, Nissan and Mitsubishi Motors to strengthen its governance
to operate effectively for the benefit of each member company. Such
initiatives will maximize the collaboration within the Alliance,
while preserving the identity and autonomy of each member
company.
MEDIA CONTACTS
Groupe
RenaultFrederic TexierTel.:
+33.6.10.78.49.20frederic.texier@renault.comwww.groupe.renault.com |
Nissan
Motor Co., Ltd.Lavanya
WadgaonkarTel:+81.80.7484.7691lavanya@mail.nissan.co.jp |
Mitsubishi
MotorsNaoko
KoikeTel:+81.3.6852.2140Media.contact@mitsubishi-motors.com |
- 20200130_AOB_English release