Renault-Nissan Alliance Posts Record EUR2.9B Synergies in 2013 Ahead of Launch of First Common Module Family Vehicles
Renault-Nissan Alliance Posts Record EUR2.9B Synergies in 2013 Ahead of Launch of First Common Module Family Vehicles
PR57259
PARIS and YOKOHAMA, Japan, July 2/PRN=KYODO JBN/ --
- Purchasing, powertrain and vehicle engineering areas remain the biggest
contributors to synergies
- "Non-traditional" business functions, such as sales and marketing,
increase contributions
- Moving forward, synergies are expected to accelerate with "convergence" in
four key business functions
The Renault-Nissan Alliance posted record synergies of 2.87 billion euros
in 2013, up from 2.69 billion euros in the previous year. Purchasing,
powertrain and vehicle engineering remained the biggest contributors as the
Alliance geared up for the launch of its first Common Module Family (CMF)
vehicles.
(Logo: http://photos.prnewswire.com/prnh/20140130/666713-a )
Purchasing, which is jointly managed by Renault-Nissan Purchasing
Organization (RNPO), generated 1.036 billion euros in synergies. Vehicle
engineering, which relates to common platforms and components, accounted for
714 million euros. The co-development and exchange of powertrains accounted for
525 million euros.
Synergies are derived from cost reductions, cost avoidance and revenue
increases. Only new synergies - not cumulative synergies - are taken into
account each year. Synergies help both Renault and Nissan meet performance
objectives and, significantly, enable the carmakers to deliver higher value
vehicles to customers around the world.
(To learn more about 2013 synergies, watch this video:
http://www.media.blog.alliance-renault-nissan.com/news/5165.)
CMF and emerging markets drive synergies
Common Module Family
[http://blog.alliance-renault-nissan.com/search/node/CMF ] (CMF) is the
Alliance's unique system of modular architecture and an increasing source of
synergies.
CMF enables Renault and Nissan to build a wide range of vehicles from a
smaller pool of parts, while at the same time increasing customer choice and
quality. Small vehicles are based on CMF-A, while mid-sized vehicles are CMF-B,
and the largest vehicles are CMF-C/D.
In November 2013, Nissan began selling its first vehicle on CMF in the
United States; the new Rogue sports utility vehicle is built on CMF-C/D. The
following month, Nissan began selling the X-Trail crossover SUV in Japan, also
based on CMF-C/D. In February, Nissan began selling the Qashqai crossover in
Europe.
The first model based on CMF at Renault will be the replacement for the
Espace, which will debut in 2015 on CMF-C/D.
In 2013, the Alliance also began development work on CMF-A, the most
affordable category of cars. Production of CMF-A vehicles will begin in 2015 at
the Renault-Nissan Alliance plant in Chennai, India.
For the full press release, go to:
http://www.media.blog.alliance-renault-nissan.com/news/5165.
Contact:
Mia Nielsen
Renault-Nissan Alliance
+33(0)6-10-83-31-33
mia.nielsen@renault.com
SOURCE: Renault-Nissan Alliance
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