The companies continue to expand ‘synergies’ in engineering, purchasing and manufacturing operations, leading to an extra $1 billion USD in savings compared to the previous year’s numbers.
The alliance’s shared Common Module Family (CMF) platform has served as one of the primary contributors to annual savings. The architecture is currently used for a wide range of models, from the Nissan Rogue to the Renault Espace.
“Our Common Module Family system continues to drive synergies in all major areas,from purchasing to vehicle engineering and powertrains,” said Renault-Nissan chief Carlos Ghosn. “At the same time, the recent convergence of four key functions at Renault and Nissan — Engineering, Manufacturing Engineering & Supply Chain Management, Purchasing and Human Resources — is accelerating the momentum.”
The alliance expects to exceed its goal of $4.8 billion USD in annualized synergies by 2016, up from $1.7 billion USD in 2009.
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