Alliance Accelerates Convergence in Key Functions to Support and Deliver Mid-term Plan

Paris, Yokohama, Japan and Tokyo (ots/PRNewswire) -

Project Leaders Appointed to Drive Increased Cooperation and New
Synergy Opportunities as Part of Alliance 2022

Highlights of the new project initiative include:

- Extended convergence in Purchasing, Engineering and Manufacturing &
Supply Chain
- Two new converged functions in Quality & Total Customer
Satisfaction as well as Aftersales
- Alliance organization strengthened with the creation of a Business
Development function

Renault-Nissan-Mitsubishi today announced the launch of multiple
projects to accelerate convergence in key operational areas including
Engineering, Manufacturing, Purchasing, Quality & Total Customer
Satisfaction (TCS), Aftersales and Business Development at the
world's largest automotive alliance.

(Logo: http://mma.prnewswire.com/media/556610/Renault_Nissan_Mitsu
bishi_Logo.jpg )

The initiative comes four years after Renault and Nissan - the
founding members of the Alliance - converged their activities in
areas such as Engineering, Manufacturing & Supply Chain Management
(SCM). It follows the announcement, in September 2017, of the
Alliance 2022 mid-term plan targeting increased annual synergies of
more than EUR10 billion by the end of the plan, up from EUR5 billion
in 2016. Additionally, the Alliance member companies are forecasting
sales of 14 million units by the end of the plan, compared to 10.6
million units in 2017.

Carlos Ghosn, Chairman and Chief Executive Officer of the
Alliance, said, "We are accelerating convergence to support our
member companies with rising synergies. The Alliance will
turbo-charge the performance and growth of its member companies,
while preserving the autonomy and distinct strategies of Renault,
Nissan and Mitsubishi Motors."

Alliance project leaders have been appointed to identify new
synergies and reinforce convergence. They will focus on optimizing
revenues and global spending, maximizing areas of commonality;
sharing technologies and resources, and simplifying decision-making
processes to accelerate growth.

The projects are expected to lead to a new organizational
structure to be reviewed and finalized following consultations with
the appropriate employee representatives. Detailed project
recommendations will then be submitted to the corporate
decision-making bodies of Renault, Nissan and Mitsubishi Motors. This
process is expected to lead to the implementation of the convergence
plan beginning April 1st, 2018.

Upon conclusion of the projects, it is expected that Mitsubishi
Motors will join the Alliance Purchasing, Business Development,
Quality & TCS organizations in April 2018. Mitsubishi will then
gradually move towards full participation in Engineering,
Manufacturing & SCM and Aftersales starting in 2019.

Project leaders have been appointed to monitor and coordinate the
project initiatives in connection with the following functions:

- Engineering: Tsuyoshi Yamaguchi, Alliance Executive Vice-President
(EVP), will oversee increased convergence in engineering across the
Alliance. For four years, we have developed common technologies,
common platforms and powertrains. The Alliance will seek
larger-scale cooperation including all engineering activities,
especially all product development, under a single head to ensure
effective execution of the respective companies' mid-term plans.
Single Alliance executives would be responsible for product
development for member companies on their respective segment.
- Manufacturing & Supply Chain: John Martin, Alliance EVP, will lead
the Alliance Manufacturing and Supply Chain Management (SCM)
convergence project. He will be responsible for maximizing
synergies through delivery and efficiency improvement, full
utilization of Alliance assets and by optimizing the management of
capital expenditures and the manufacturing footprint of our member
companies.
- Purchasing: Véronique Sarlat Depotte, Alliance EVP, will take
leadership of the Purchasing convergence project focused mainly on
integrating Mitsubishi Motors. Building on a 17-year history, the
project will drive purchasing synergies, leverage activities of
R&D, Manufacturing and other functions and help to deliver greater
economies of scale for the Alliance member companies and their
suppliers globally.
- Quality & TCS: Christian Vandenhende, Alliance EVP, will be the
Quality & TCS convergence project leader. The new Alliance Quality
& TCS project will develop a common Quality Strategy, recommending
measures to harmonize the processes for quality assurance in
projects developed by Alliance engineering.
- Aftersales: Kent O'Hara, Alliance Senior Vice-President (SVP), will
lead the Alliance Aftersales convergence project. As part of
Alliance 2022, the member companies are targeting increased
synergies and cooperation in aftersales activities such as
accessories, parts, engineering, purchasing and connected services.
Areas of convergence are expected to include the adoption of common
data-management systems, customer-relationship management best
practices and economies of scale in parts logistics, inventories
and purchasing.
- Business Development: Hadi Zablit, Alliance SVP, will focus on
future activities and breakthrough innovation including the
development of the Common Module Family A-segment platform,
partnerships with OEMs, Alliance Connected Mobility Services, new
technology and product planning synchronization and Alliance
Ventures. Additionally, we will seek convergence in other
activities including information management and digitalization as
well as customer experience.

Increasing convergence in these areas will contribute to the goals
of Alliance 2022. Under the six-year plan, the Alliance member
companies will increase their use of shared vehicle architectures,
with nine million units expected to be derived from four common
platforms, up from two million vehicles on two platforms in 2016. The
plan will extend the use of common powertrains from one third in 2016
to three quarters of total volumes by the end of the plan.

Alongside continued commonality in areas such as manufacturing,
quality and engineering, Alliance 2022 will also see increased
convergence in new technologies and mobility services. This will
include the launch of 12 new pure electric models by 2022, which will
utilize new common electric vehicle platforms and components for
multiple segments. During the plan, 40 vehicles will be introduced
with different levels of autonomy, leading to fully autonomous
capabilities that will enable the Alliance to offer new mobility
services including robo-vehicle ride-hailing operations.

Mr. Ghosn concluded, "I am confident that these projects to
strengthen and accelerate convergence in key functions will
sustainably boost the growth and profitability of our member
companies. With Alliance 2022 we will grow with three companies, or
more, performing increasingly as one."

About Renault-Nissan-Mitsubishi

Groupe Renault, Nissan Motor and Mitsubishi Motors represent the
world's largest automotive alliance. It is the longest-lasting and
most productive cross-cultural partnership in the auto industry.
Together, the partners sold more than 10.6 million vehicles in nearly
200 countries in 2017. The member companies are focused on
collaboration and maximizing synergies to boost competitiveness. They
have strategic collaborations with other automotive groups, including
Germany's Daimler and China's Dongfeng. This strategic alliance is
the industry leader in zero-emission vehicles and is developing the
latest advanced technologies, with plans to offer autonomous drive,
connectivity features and services on a wide range of affordable
vehicles.

http://www.alliance-2022.com

http://www.media.renault.com

http://www.nissan-newsroom.com

http://www.mitsubishi-motors.com/en/newsrelease/

ots Originaltext: Renault-Nissan-Mitsubishi
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Jonathan Adashek
Renault-Nissan-Mitsubishi
+81-80-9694-5344
jadashek@mail.nissan.co.jp

Parul Bajaj
Renault-Nissan-Mitsubishi
+1-615-917-8172
Parul.bajaj@nissan-usa.com

Caroline Sasia
Renault-Nissan-Mitsubishi
+33(0)1-76-84-30-24
+33(0)6-11-30-36-71
caroline.sasia-lallier@alliance-rnm.com

Original-Content von: Renault-Nissan-Mitsubishi, übermittelt durch news aktuell