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july 12, 2017 - Nissan

Renault-Nissan Alliance annual synergies rise 16 percent to €5 billion

Shared synergies rise from €4.3 billion to €5 billion in 2016

  • Alliance on track to deliver synergies of at least €5.5 billion in 2018
  • Engineering, Manufacturing and Purchasing contribute bulk of synergies
  • Common Module Family architecture delivers continued benefits
PARIS/YOKOHAMA – The Renault-Nissan Alliance today reported a 16 percent increase in synergies for 2016 compared to 2015.
The Alliance members secured savings, generated incremental revenues and implemented cost-avoidance measures through the world's leading automotive partnership.
The value of annualized synergies realized by the Alliance rose to €5 billion last year, up from €4.3 billion in 2015. Converged operations in purchasing, engineering and manufacturing contributed most of the €700 million synergy improvement.

More information on the press release