News - General News - Corporate
Renault-Nissan-Mitsubishi reaffirm alliance
New framework announced to ‘further reinforce’ Renault-Nissan-Mitsubishi Alliance
31 Jan 2020
THE Renault-Nissan-Mitsubishi Alliance has taken further steps to ease political tensions between its member companies that surfaced in the wake of the financial misconduct scandal surrounding former chairman and CEO Carlos Ghosn.
A meeting of the Alliance Operating Board (AOB) in the Japanese city of Yokohama this week resulted in the ratification of a new framework intended to “enhance the ability of the Alliance member companies to capitalize on the individual company’s strengths and complement their strategies”.
Under the framework, each alliance partner will serve as “reference company for a dedicated region”, with Nissan responsible for China, Renault allocated to Europe and Mitsubishi put in charge of South East Asia.
Also, in a method echoing that of Volkswagen Group, each company will take the lead for development and engineering of platforms, drivelines and “key technologies” that are then shared among the alliance partners.
One of the first outcomes of this will be Mitsubishi’s lead role in developing new-generation utes, with the Triton forming the basis of future Renault and Nissan one-tonners as confirmed last September by then Mitsubishi Motors COO Ashwani Gupta, who recently took up the equivalent role at Nissan.
The AOB also confirmed that Renault will develop and manufacture a van at its Sandouville plant in France for Mitsubishi to sell in the Oceania region, which as GoAuto has reported, will be reprise the Express nameplate in Australia.
A decision was also made to pool all three companies’ corporate average fuel economy (CAFE) credits in Europe as early as this year.
Finally, all three alliance partners will announce their strategic mid-term plans around May this year, which will “integrate the major consequences of the Alliance Operating Board decisions”.
The announcement of this new framework came shortly after Renault announced the appointment of former Volkswagen Group senior executive Luca de Meo as CEO, effective July 1 this year.
Mr de Meo will replace Thierry Bollore, who was ousted last October in the latest of several leadership changes that appear to be reducing the number of executives within the alliance who had close links to Carlos Ghosn while repairing fractured relations between the three alliance partners.
In a statement outlining the new framework, all three partners “reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company”.
“The AOB also reaffirmed key programs outlined at the previous board meeting in November to support initiatives that will enable each member company to increase competitiveness and profitability amid the industry shift to new mobility services,” said the statement.
“We are reinforcing the collaboration models to fully leverage the strengths within each company to enhance our leadership across regions, products and new technologies.”
The Road to Recovery podcast series
29th of January 2020
Luca de Meo takes reins at Renault worldwide
Former VW Group exec Luca de Meo appointed Renault CEO, Delbos continues as deputy
21st of January 2020
Nissan COO believes in ‘true power of the alliance’
Gupta discusses Nissan-Renault relations, megatrends impacting Nissan, and much more
9th of January 2020
Ghosn hits back following Japanese escape
Former Nissan chairman Carlos Ghosn speaks out after skipping bail in Japan
18th of October 2019
Renault CEO Bollore exits
Groupe Renault board ‘ends mandate’ of Bollore as another former Ghosn ally departs
9th of October 2019
Nissan names new CEO
Dongfeng boss Makoto Uchida named Nissan CEO after another bites the dust
24th of September 2019
United States fines Nissan, Ghosn, Kelly over fraud
Ghosn-Kelly financial scandal leads to repercussions for Nissan in United States
6th of September 2019
Mitsubishi to take lead on Alliance pick-up
Mitsubishi working on hybrid tech in lead role for all-new Alliance pick-up
Click to share
General News articles
Research General News
Motor industry news