Renault, Nissan, Mitsubishi Motors alliance targets annual synergies of USD12 billion by 2022
Alliance aims to double annual synergies through greater cooperation in area such as procurement, manufacturing and development of new technologies
Renault, Nissan and Mitsubishi Motors have announced a new six-year plan called ‘Alliance 2022’ targeting annual synergies of EUR10 billion (USD11.9 billion) by the end of the plan, the French-Japanese automotive group announced in a press release today (15 September). The alliance partners aim to realise this goal through greater cooperation in areas such as procurement, manufacturing and development of new technologies.
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