Jump to content

Nine billion saved from working together for the Renault-Nissan-Mitsubishi Alliance

Nine billion saved from working together for the Renault-Nissan-Mitsubishi Alliance

Sign in to follow this  
chitchatboy

3,997 views

blog-0053012001529654023.jpg

blogentry-133713-0-55600200-1529654012_thumb.jpgRenault-Nissan-Mitsubishi Alliance has announced that it has saved nine billion dollars from working together in 2017.

 

Said to be the largest of its kind in the industry, the Alliance, which includes not only Renault, Nissan, and Mitsubishi, but several others like Infiniti, Datsun, Dacia, Alpine, Renault-Samsung, and AvtoVAZ.

 

By working together in having joint development of new platforms, components, and technologies, they managed to be more efficient and cost effective.

 

In addition to R&D, they also share combined purchasing power, financial operations, even logistics.

 

This resulted in helping the group increase cost savings from synergy by 14 percent as compared to 2016. 2017 is also the first full year of Mitsubishi’s integration into the Alliance.

 

Its Chairman Carlos Ghosn said, "The Alliance has a direct, positive impact on the growth and profit of each member company. In 2017, the Alliance turbo-charged the performance of all three companies including Mitsubishi Motors which saw its first full-year of synergy gains."

 

The Chairman added on that by the end of 2022, the group should be producing over 14 million vehicles between themselves, with savings of up to $15.8 billion from cooperating together.

Sign in to follow this  


0 Comments


Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Featured Stories

    Is this a good way to make a small bike look bigger?

    Spotted on SG Road Vigilante's facebook page is this amusing photo of a motorbike's number plate. According to them, this was taken on 1st of July 2020 at Bukit Batok West Edge and the bike in question is a Yamaha Aerox. We have no idea why would someone flout the law to do this. To improve aerodynamics? To make the bike look bigger than it is? Or to make it harder to be identifed by the Traffic Police's camera and Traffic Police wannabes on SG Road Vigilante? What do you all think?

    chitchatboy

    chitchatboy

    Someone is keen to show that their Swift Sport can do 180km/h on the CTE!

    Now this is not very smart. Thanks to social media apps like Instagram allowing news to spread like bush fire, you now best keep your 'bad' stuff to yourself... Check out this video of some mates videoing themselves going at high speed on our expressways in the wee morning of 10th May 2020. As seen on SG Road Vigilante, this insta story posted by n1zem, shows them going as fast as 180km/h in their Suzuki Swift Sport. Granted, the roads are pretty empty as we are in the midst of the Circuit Breaker period but there is still no reason for going this fast.  For those who are wondering, 'Naked Crew" is a local car group and they can be found on Instagram. As usual, the comments by netizens are harsh and probably a bit hurtful. 1.mp4

    This is not the way to make friends with a fellow VW owner

    For most owners who are into cars, they will tend to want to meet owners who own the same car/model as themselves. Hence from time to time, we will see many brand/model-based car clubs gather at places like the indoor stadium to chat and get to know more about their cars. However, we are kind of sure these Volkswagen drivers in the video below won't be friends anytime soon... Uploaded on ROADS.sg, we can see a Volkswagen Golf coming from the opposite direction before colliding straight on with the camera car (a Volkswagen Jetta). The accident happened on the morning of 22nd of April at the PIE interchange between Jurong Town Hall Road and Bukit Batok Road. There were no reports as of press time of what caused the Golf owner to drive into the opposite lane. We hope he did not faint or suffer a heart attack, causing him to lose control of his car. We did noticed the Scirocco (yes, another Volkswagen) moving away from danger as the Golf came closer. Good reflexes dude. Maybe if they stayed at home, such things won't have happened... videoplayback.mp4  

    chitchatboy

    chitchatboy

    Youths use Circuit Breaker period to ride PMDs in CTE tunnel!

    With roads pretty much empty under this current semi-lockdown period, some youths have been spotted making use of the empty roads to ride their PMDs. As seen on a facebook page SG Reckless PMD Riders, three youths can be seen in the short Instagram video riding next to each other at high speed in the CTE Tunnel. Admittedly, the clip isn't of the best quality but it does seem like they were doing in excess of 40km/h, well over the speed limits of e-scooter.  Of course, it doesn't matter as no one is allowed to be using their PMDs on the public road.  In fact, they aren't even supposed to be out of their homes at all and going for joyrides! Check out some of the comments on the page. Not suprisingly, they were not very pleasant. SG-Reckless-PMD-Riders-PMD-high-speed-at-CTE-Facebook.mp4
×