The Renault-Nissan Alliance posted record synergies of 2.87 billion euros in 2013, up from 2.69 billion euros in the previous year. Purchasing, powertrain and vehicle engineering remained the biggest contributors as the Alliance geared up for the launch of its first Common Module Family (CMF) vehicles.
The 2014 edition of the World Advanced Vehicle Expedition (WAVE) ends this weekend in Europe. This one-of-a-kind rally is the largest 100% electric vehicle rally in the world, pulling in electric car enthusiasts from many countries.
The Renault-Nissan Alliance today announced it will begin implementing convergence initiatives in four key operational areas starting April 1, with the goal of achieving at least €4.3 billion in annualized synergies by 2016.