Renault-Nissan has yesterday celebrated 10 years of the alliance between the two firms.
The unique partnership has seen much in the way of shared development take place without either brand losing its identity.
“From the beginning, the Alliance has been based on the premise of trust and the pursuit of strategies aimed at profitable growth,” says Carlos Ghosn, President and CEO of Renault and Nissan. “We continue to honor these principles, even as we are continually adapting to the current operating environment, which is severe. The Alliance is equipping Renault and Nissan not only to survive the global financial and economic crisis, but to be in a better position to compete effectively after this crisis ends. We are proud of all we have achieved in the past 10 years and we are looking forward to realising even more of our potential in the future. Leveraging our partnership fully in the Alliance, we will be taking further steps to deepen synergies between Renault and Nissan that will contribute to the profitable growth of each company.”
The Renault-Nissan Alliance will announce the complete list of synergies in May.