The Renault Nissan Alliance has two years to find savings expected to be worth €4.3 billion through synergies in R&D, manufacturing & logistics, purchasing and human resources.
Described as 'convergence projects' by the Alliance, the means of streamlining the four operational avenues will build on existing processes, according to a press release issued last week.
"Renault and Nissan's partnership is fundamentally based on mutual respect and an attitude where all 'win-win' projects move forward on the fast track," said Renault-Nissan Chairman and CEO Carlos Ghosn, as quoted in the press release. "With the new convergence projects, we will continue on the same path and with the same principles of respect and transparency – at an accelerated pace."
The Purchasing convergence project will be led by Christian Vandenhende, Managing Director of Renault-Nissan Purchasing Organisation. It will fall to Vandenhende to enhance parts sharing across the two companies, improving economies of scale for Renault, Nissan and the parts suppliers for both.
Tsuyoshi Yamaguchi, Director of Common Platforms and Parts for the Renault-Nissan Alliance, will be the convergence project leader for R&D. Yamaguchi is tasked with ramping up the introduction of common platforms and powertrains, along with optimising global test facilities.
Shouhei Kimura, in his capacity as Corporate Vice President for Vehicle Production Engineering, will lead the manufacturing & logistics convergence project. Plant performance benchmarking, programmed standardisation for leaner capital expenditure and more efficient plant capacity utilisation all form part of his new job description.
Marie-Françoise Damesin, Executive Vice President for Human Resources at Renault, takes on the role of convergence project leader for human resources.
Renault Nissan anticipates the convergence projects will be approved for implementation by the end of the first quarter this year.
The convergence projects signal large-scale cost management measures for the Alliance, which was formed back in 1999 and now claims to be the fourth largest automotive group in the world. Drivetrains and platforms are already shared between the two companies, but the R&D convergence project aims to find even more synergies – possibly ending any hope of an in-house diesel engine for the Y62 Patrol in the short term. Read the latest news and reviews on your mobile, iPhone or PDA at carsales' mobile site...
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