Renault and Nissan to Converge Four Major Alliance Functions

         Renault and Nissan to Converge Four Major Alliance Functions    PR Newswire    AMSTERDAM, March 17, 2014  AMSTERDAM, March 17, 2014 /PRNewswire/ --    *To   achieve   a   minimum   €4.3   billion   annual   syne     rgy   goal,   the   Alliance   is   implementing   convergence       plans   in   four   key   areas:   Engineering,       Manufacturing   &   Supply   Chain   Management,   Purchasing,       and   Human   Resources.    *Converged   business   functions   become   official   1       April   and   are   expected   to   have   an   immediate       positive   effect   on   operational   performance.    *Newly   appointed   Alliance   Executive   Vice   Presidents       will   take   charge   of   increasing   integration   in       each   function.  The Renault-Nissan Alliance today announced it will begin implementing convergence initiatives in four key operational areas starting 1 April, with the goal of achieving at least €4.3 billion in annualized synergies by 2016.   (Logo: http://photos.prnewswire.com/prnh/20140130/666713-a )  Management teams and the boards of Renault and Nissan finalized the convergence plans following consultations with employee representatives. The Alliance initially launched convergence study projects in late January in four key areas: Engineering, Manufacturing & Supply Chain Management, Purchasing, and Human Resources.  Under the plan, these functions will be jointly managed by Renault and Nissan, with a newly appointed Alliance Executive Vice President leading each function, and a new management committee to oversee implementation.  "Convergence within these four key business functions will result in an immediate increase in efficiency and leverage our size to achieve competitive economies of scale," said Renault-Nissan Chairman and CEO Carlos Ghosn. "The synergies will then enable us to deliver higher-value vehicles to customers and stay at the leading edge of innovation."  Four   Converged   Alliance   Functions   with   New   Leaders     *Engineering: Renault and Nissan will combine Common Module Family     engineering, advanced research, powertrain development (including electric     vehicles), systems engineering and testing facilities and services.     Tsuyoshi   Yamaguchi , Alliance Director of Platforms and Parts, is     appointed Alliance Executive Vice President, Alliance Technology     Development, for the new converged Alliance function.    *Manufacturing   Engineering   &   Supply   Chain   Management:     The new Alliance converged manufacturing function will cover global     industrial strategy (including sourcing), production process engineering,     production control and supply chain management. Shohei   Kimura ,     Nissan Corporate Vice President for Vehicle Production Engineering, is     appointed Alliance Executive Vice President, Manufacturing Engineering and     Supply Chain Management.    *Purchasing: Renault and Nissan have enjoyed an integrated purchasing     organization for more than a decade. But convergence of major engineering     and manufacturing activities will drive greater purchasing synergies and     more economies of scale. Christian Vandenhende, Managing Director of the     Renault-Nissan Purchasing Organization, is appointed Alliance Executive     Vice President, Alliance Purchasing.  Full release available here: http://www.media.blog.alliance-renault-nissan.com/news/4928  Bios available here: http://blog.alliance-renault-nissan.com/users/all  MEDIA   CONTACT:  Mia Nielsen Renault-Nissan Alliance Communications mia.nielsen@renault.com +33(0)6-10-83-31-33