Mexican Media Brands
Renault-Nissan Reports €3.8 Billion in Savings
The Renault SA-Nissan Motor Co. alliance says it saved €3.8 billion last year by sharing engineering, purchasing, manufacturing and human resources operations between the two companies, up from €2.9 billion in 2013.
#economics
Share
The Renault SA-Nissan Motor Co. alliance says it saved €3.8 billion last year by sharing engineering, purchasing, manufacturing and human resources operations between the two companies, up from €2.9 billion in 2013.
The alliance combined those four main functions in 2014. Renault-Nissan aims to achieve €4.3 billion in annualized synergies by 2016.
The calculation is a combination of real cost reductions, cost avoidance and revenue increases. Each year's figure represents new synergies rather than a cumulative total, according to the alliance.
RELATED CONTENT
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.