Renault and Nissan brewing and merging global car structure may shake


Carmaker Renault France is strengthening its ties with its partner Nissan Motors, which may shake the existing global automaker landscape. Five years after Renault and Nissan reached a strategic alliance, the former plans to announce more consolidated sales and profit data, and will expand cooperation between the two parties. In order to further merge the two companies into a new automobile manufacturing giant, both parties will start operating as a company next year because of Carlos. When Gao Sen arrives, he will succeed Louis. Skofitje served as the head of Renault. Takamori led Nissan Motor’s important recovery efforts. He will continue to serve as CEO of Nissan Motors, and Skofitje will remain Renault’s non-executive chairman. The combined Renault/Nissan Group will have a very high share in the global market. The strength of Nissan Motors is in the US and Japan markets, and Renault’s strengths are in the European market. However, the two companies will continue to pursue their respective goals, which means that both parties will face each other in markets such as Europe. In a recent interview, Skoveyje said that the two companies have achieved joint development of car and sales revenue sharing, but will work more closely together. He believes that Renault can improve its performance by selling cars in new markets, which may mean that Renault returned to the US market that had been withdrawn 20 years ago sometime after 2010. Until now, the two companies have independently announced financial statements, but Renault owns 44% of Nissan’s shares. At the same time, Nissan also owns a 15% stake in Renault. According to the documents published by the Renault website, the combined sales of the two companies in 2003 were 90 billion euros, 109 billion US dollars, and operating profits of 7.8 billion euros. Renault plans to gradually publish more consolidated data from both sides, subdividing sales by region and product, which will allow investors to see more clearly the results of competition between the two companies and other car giants. Deutsche Bank’s London-based auto industry analyst, Ridder, said that once the merger between Renault and Nissan is successful, the two parties will be able to reduce costs, improve profitability, and put pressure on other car manufacturers. The revenue shows that after becoming a group, the two companies will have the potential to change the pattern of the auto industry. After the merger, Renault and Nissan Motors sold 5.4 million cars in the world in 2003, jumping from the last of the world's top ten car manufacturers to the fifth largest manufacturer, surpassing the sales volume of 5 million in 2003. car.
View related topics: Dongfeng Renault project tracking report


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