Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

We won't support this browser soon. For a better experience, we recommend using another browser. Learn More

Ad

Nissan and Renault to share manufacturing and R&D facilities

January 25, 2014, 12:26 PM IST by Ranjan R. Bhat
 Nissan and Renault to share manufacturing and R&D facilities

Strategic partners Nissan and Renault are set to take their association to the next level by combining their manufacturing and research operations. This move is expected to slash more than 400 billion yen (Rs 24,519 crore) a year for both the companies collectively. 

According to the proposal, Nissan and Renault will be able to assemble cars using shared parts at the same factories. The new structure will first be adopted at Renault's manufacturing unit in Oragadam, Chennai by 2015 and later implemented in other plants in around 10 countries by 2020. Both the companies currently have nearly 50 manufacturing units worldwide. If it turns out to be a success, the arrangement might be expanded to include their Russian affiliate AvtoVAZ, into the fold.

The agreement would mark one of the most momentous steps so far in pooling the resources of long-time partners. The Nikkei business daily reported that Carlos Ghosn, chief executive of both Nissan and Renault will take the first step by appointing a manager by April to oversee the production departments of both companies. This would be followed up with a similar structure for research and development (R&D) department.

Renault and Nissan have been partners since 1999 and claim to have saved upto USD 3.68 billion (Rs 23,834 crore) from their cost saving measures in 2012, up from USD 2.4 billion (Rs 15,000 crore) in 2011.

Source : Reuters

 

  • Renault
  • Nissan
  • Duster Facelift
  • Renault Duster facelift
  • FaceBook Logo
  • Twitter Logo
  • Email Logo
Show CommentsHide Comments
bell icon
Never miss an update
Receive latest updates from CarWale
Ad
  • Upcoming Cars

Hyundai AuraHyundai Aura

21st Jan 2020

6L - ₹ 9L
Tata AltrozTata Altroz

22nd Jan 2020

6L - ₹ 8L
Mercedes-Benz GLE NewMercedes-Benz GLE New

28th Jan 2020

65L - ₹ 80L
Land Rover New Range Rover EvoqueLand Rover New Range Rover Evoque

30th Jan 2020

53L - ₹ 70L
Lexus LC 500hLexus LC 500h

31st Jan 2020

1.60Cr - ₹ 2Cr
All Upcoming Cars
Buying a new Car?Leave a missed call1800 2090 230(Toll free)
Ad
Presenting

TATA ALTROZ

Launching in

  • 00DAYS
  • 00HRS
  • 00MINS
  • 00SEC
Know More

Select your city to avail offers

Currently available only in