Showing posts with label Nissan Passenger Vehicle Company. Show all posts
Showing posts with label Nissan Passenger Vehicle Company. Show all posts

Thursday, 27 March 2014

Renault-Nissan head for more ‘convergence’

The Renault-Nissan alliance is about to embark on its next significant wave of integration: the convergence of engineering, manufacturing and supply chain management, purchasing and human resources from 1 April.

Renault and Nissan joined forces in 1999, when Renault invested 643 billion yen (approximately €5 billion or US$ 5.4 billion at the time) for a 36.8% stake in Nissan, which at the time was close to bankruptcy.