20 Facts About Renault-Nissan Alliance

1.

The Renault-Nissan Alliance adopted its current name in September 2017, one year after Nissan acquired a controlling interest in Mitsubishi and subsequently made Mitsubishi an equal partner in the Renault-Nissan Alliance.

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2.

The Renault-Nissan Alliance itself has broadened its scope substantially, forming additional partnerships with automakers including Germany's Daimler and China's Dongfeng.

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3.

Renault-Nissan Alliance is a strategic partnership based on the rationale that, due to substantial cross-shareholding investments, each company acts in the financial interest of the other—while maintaining individual brand identities and independent corporate cultures.

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4.

Carlos Ghosn, the founding chairman and CEO of the Renault-Nissan Alliance, is a Brazilian-Lebanese-French businessman who was chairman and CEO of Nissan Motors until November 2018 and held the same positions at Renault for two months longer.

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5.

The Renault-Nissan Alliance oversees purchasing for both companies, ensuring larger volume and thus better pricing with suppliers.

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6.

Renault-Nissan Alliance develops "best practices, " borrowing systems and controls from one company to strengthen the other company where appropriate.

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7.

In 2002, the Renault-Nissan Alliance created the Renault–Nissan BV, a strategic management company to oversee areas such as corporate governance between the two companies.

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8.

In 2006, the Renault-Nissan Alliance began exploratory talks with General Motors regarding the possibility of creating an industrial alliance.

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9.

Since 2010, the Renault-Nissan Alliance has undertaken a number of projects as part of a strategic cooperation deal with the German Daimler AG company.

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10.

On 12 March 2019, the three Renault-Nissan Alliance companies signed a memorandum of understanding for creating a "Renault-Nissan Alliance operating board" with Jean-Dominique Senard as chairman and the CEOs from the three companies as equal members.

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11.

Renault-Nissan Alliance committed €4 billion into its electric vehicle and battery development programs with the aim to become the leader in zero-emission transportation.

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12.

Carlos Ghosn, Chairman and CEO of the Renault–Nissan Renault-Nissan Alliance predicted that by 2020 one in 10 new car sales will be an electric vehicle.

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13.

Renault-Nissan Alliance has created partnerships with more than 100 public and private organizations to create consumer buying incentives and EV infrastructure investment.

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14.

The Renault-Nissan Alliance listed as the world's leading all-electric vehicle manufacturer until surpassed in early 2020 by Tesla, with about 900,000 electric cars.

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15.

Renault-Nissan Alliance best selling Nissan Leaf was the world's top selling plug-in electric car in 2013 and 2014.

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16.

The Renault-Nissan Alliance will provide 3- and 4-cylinder petrol and diesel engines to Daimler.

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17.

On 12 December 2012, the Renault–Nissan Renault-Nissan Alliance became the long-term controlling shareholder of AvtoVAZ, Russia's largest car company and owner of the country's biggest selling brand, Lada.

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18.

Directly through the Renault-Nissan Alliance, Renault entered world's largest automotive market in 2009, introducing the brand through imported cars including Laguna III, Koleos SUV and Scenic multi-purpose van.

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19.

In February 2011, the Renault-Nissan Alliance inaugurated its China Warehouse in Shanghai, further establishing the partnership between Renault, Nissan and Dong Feng.

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20.

The Renault-Nissan Alliance has said capacity will increase to 400,000 vehicles a year, but has not given a timeline.

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