The Renault–Nissan–Mitsubishi Alliance has reported that as a result of closer cooperation between alliance members, annual synergies climbed to €5.7 billion (RM26.5 billion) last year from €5 billion (RM23.2 billion) in 2016, an improvement of 14%. It said that consolidation and convergence resulted in cost savings, incremental revenue gains and cost avoidance.
“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,” said chairman and CEO Carlos Ghosn.
“We expect to generate growing synergies in coming years as the Alliance accelerates convergence through increased utilisation of joint plants, common vehicle platforms, technology-sharing and our combined presence in mature and emerging markets. We reaffirm our synergy goal of more than €10 billion by the end of 2022,” he added.
Engineering-based gains came from shared R&D costs and investments, while in manufacturing, shared platforms such as the Datsun redi-GO and Renault Kwid in vehicle production resulted in lower production costs. Significant cost reductions were also obtained via a more centralised sourcing of parts, equipment/tooling and common utilities for facilities around the world.
Shared spare parts warehouses between Renault, Nissan and Mitsubishi Motors in Europe, Japan and Australia also contributed to the cause, as did reduced costs associated with vehicle transportation, an example being Nissan and Mitsubishi Motors combining shipments of finished vehicles from plants in Thailand to their respective dealers.
The Alliance reported total sales of more than 10.6 million vehicles for 2017, and under its Alliance 2022 strategic plan, combined annual sales are expected to climb to more than 14 million vehicles by the end of the plan. Nine million of these will be built on four common platforms including electric and B-segment vehicles, and the use of common powertrains will be extended from one third to 75% of the total.
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Wow, see how clever the Japanese are. Proton took 20 years of bleeding money before they decided to join Geely. Before that, arrogant ketuanan attitude.
Its a majority French company
Doesn’t matter whether tuan is black or white, as long as tuan is smart
I think meritocracy cannot work here. Cause it matters in Malaysia, especially in GLC
Juga kat private sector. Kalau xleh speaking Mandarin, tulis Mandarin, xleh dapat keje di sana.
Last time Tiara and savvy were not working here , so no thanks to Renault
Hahaha! Carlos is basically telling the jepunis minor lords in Nissan that he is King and their wish for divorce will meant ruination onto them. Well played, Carlos.
Now the jepunis lords under his feet r crying and their sapoters r wailing.
this is the same guy who told us Proton has paid off all their debts and now no more debts
This is the same guy that told us P1 majority sales comes from gov fleet sales but PT burst his fake news bubble when they repoted 97.5% sales came from retail end customers.
yes john, we bilip in your lies and your 3 years here as a BN cybertrroper spreading fake news and lies
Yes. We belip in basher who so free to reply own dupe. Ha ha ha ha
Not to mention having 1 less competitor now certainly saves much cost. That the dun wanna tell u!
“If you are real good, why should you fear of your competitor and opposition” – C.Ronaldo 2018
If your partner is not good, how good you are pun tarak guna
True bro. Messi Argies 0 – 3 Croatia
Deswai hot debat on live TV soon
No need debat. Even Argie coach says he rather have the better squad that just a maestro whos not working.
Well, he did join the best team and not the worst team. Otherwise it might prove his point right.
Cost savings of RM26.5 Billion (€5.7billion) easily bail out 1Mdb n Ecrl.. Cekapp carlos
I sensed that he only exaggerated
Carlos Ghosn is a living legend, a true mastermind genius
Now Mitsubishi needs a halo product, just don’t tell it’s another SUV!!
Actually Mitsubishi is big in Thailand, Philippines and Indonesia, which collectively is bigger than the Malaysian and Singapore markets combined. So Mitsubishi doesnt need a halo product. They need good marketing and introduction of better sellable models to come to the Mal-Sing market similar to the great models they have in the Tha-Phil-Indo markets.
Yea man. Most likely is another SUV. The new Mitsubishi Eclipse in SUV form
Sharing platform is not new in auto industry hence he is not genius
Bro. To an idiot, anyone who has better intelligence would look like a genius to him.
reading your low class comments instantly defines how stupid you are.. showing failed people like you who never achieve anything only able to condemn other’s success.. typical loser behaviour
Eh I dun see any condemnation of talking easy there. Ironically if P1 got bashed everyday you dun say such words pulak. Ni mesti worship jepunis overlord
Topkek
well.. talk is easy for you.. never see you do this kinda job? genius..
Proton 20 experience, last2 kerja rebadged geely je. Engine baru guna patent petronas tu apa cerita?