[ Juxun Wang reported ] Renault – Nissan – Mitsubishi Alliance (hereinafter referred to as ldquo; Union rdquo;) recently reached a new framework agreement to further strengthen its business model and organizational structure. The three companies are reiterated the importance of alliances in their respective strategies and to strengthen the competitiveness.
at the monthly meeting of the alliance steering committee held in Yokohama, Japan, the new framework agreement has been formally approved, will make use of their respective advantages to create more value for our member companies, and with the formation of strategic complementarity. At the same time, the Union Operating Committee reviewed the key items on the proposed board of directors in November. Travel facing the automotive industry transformation and upgrading to new mobile services, these projects will help member companies improve their competitiveness and profitability.
discuss the members of the company’s strategic theme
In addition, the day of the meeting, the coalition steering committee to speed up the discussion of the major strategic themes, including measures to promote more effective resource sharing, to help three member companies enhance their competitiveness and improve performance.
a new framework agreement will play a member of the company’s respective strengths
As part of the revitalization program, the Union will be the creation of a common leadership – partnership-based cooperation model. Especially in the current new technologies are emerging, accelerating cycles of innovation and business environment, with this new model every member of the company to focus on their respective areas of strength, and ultimately benefit all three companies. In their respective areas of strength, the member companies will play a leading role in ensuring the efficient allocation of resources.
This cooperation model will leverage each company’s strengths to enhance new product and technology leadership in the regions.
The new program can improve efficiency Union project, for example, in this mode, in a technology or a region the most competitive members of the company will assume the project leadership role in this area, thereby reducing the waste of resources, help All members of the company to improve efficiency.
to strengthen the alliance governance to ensure the effective implementation of the
Union operators to the Commission by theMember, chairman or chief executives, and agreed to the Board of Directors Nissan Motor and Mitsubishi Motors are actively working with the Renault Group, strengthening governance, the interests of the members of the company efficient operations. These initiatives will ensure that members of the company while retaining autonomy, the greatest extent possible cooperation within the Union.
Alliance steering committee important decision
1. In terms of regional markets, the three members of the company established a benchmark company in a specific area: Union benchmark company in the Chinese market Nissan Motor, a benchmark company in the European market for the Renault group in Southeast Asia market benchmark company Mitsubishi Motors.
2. In the field of engineering technology, cooperation programs will be a leader / followers mode and extended to platform, power systems and key technologies. Thus, in certain areas, a company will be responsible for leading the development of key technologies in the league, and then shared among coalition partners.
3. The Union steering committee also decided that three members of the company from 2020 CAFE will be merged in the integration of Europe.
4. In the light commercial vehicle (LCV) terms, the Renault Group will develop and produce the Mitsubishi van based on Renault Trafic platform in France Paysandú Nashville factory, and then sold to the Oceania region.
5. The three members of the company’s medium-term strategic plan will be released around the same time in May 2020. The plan will reflect the major decisions of the Union’s Operating Committee.
