New business plan sees each company lead their own regions, and spearhead engineering projects at which they're most experienced
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The Renault-Nissan-Mitsubishi Alliance has outlined the basics of a plan to “reinforce its business model” after a year beset with internal and external strife following the ousting and arrest of chief Carlos Ghosn.

It was ratified at an alliance of the operating board in Yokohama this week.

All three companies reiterated that the Alliance remained “essential for strategic growth and [to] enhance competitiveness for each company,” ending any speculation it might dissolve, and pledged to pool their CAFE credits in Europe this year.

So what are the broad changes? The main one was to make each company a reference point for certain regions. Nissan will be the reference point for China, Renault for Europe, and Mitsubishi for South East Asia.

The Americas were not mentioned but it’s Nissan that has the biggest footprint in the US and Canada, and Renault across Latin and South America.

Pictured: Makoto Uchida (CEO Nissan Motor Co), Clotilde Delbos (interim CEO of Renault), Jean Dominique Sénard (Chairman of the AOB and Renault), Osamu Masuko (Chairman Mitsubishi Motors), Hadi Zablit (General Secretary Alliance).

The Alliance also said it would tighten up its shared engineering and platform strategies, working on a leader/follower model. This means one company will take the lead in the Alliance for the development of each key technology, which will then be spread among the partners.

For instance, you might reasonably expect Mitsubishi to lead the work on plug-in hybrids (PHEVs), Nissan on full electrification, and Renault on commercial vans, though this is just our own speculation. Strategic mid-term plans will be fleshed out in greater detail this May, the group says.

Renault also reiterated its plan to produce a Trafic van spinoff at the Sandouville plant for Mitsubishi, to be sold in Oceania - Australia being the focal market.

The Alliance Operating Board comprises one central chairperson and a chairperson or CEO from each member company.

It’s been a year of change at executive level for two of the three companies. Renault this week announced former SEAT boss Luca De Meo would take over as CEO from interim holder Clotilde Delbos on July 1, while Nissan appointed Makoto Uchida to take over the global CEO role after running its China region.