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Posts Tagged ‘Renault-Nissan Alliance’

Renault and Nissan Tighten Embrace to Boost Earnings

Partners target $6 billion in new synergies.

by on Mar.04, 2016

Renault-Nissan Alliance CEO Carlos Ghosn sees more opportunities for savings.

Already one of the most successful partnerships in automotive history, the Renault-Nissan Alliance is targeting an additional $6 billion in new “synergies” by 2018, the two carmakers announced Friday.

The plan comes as something of a victory lap for Carlos Ghosn, the Brazilian-born executive who serves as CEO of the two companies. Late last year, he beat back a push by the French government, a major investor in Renault, which threatened to fracture the Euro-Asian alliance.

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“The auto industry is rapidly evolving, requiring Renault and Nissan to leverage the Alliance as a pragmatic business tool,” said Ghosn in a prepared statement.

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Daimler Teams with Nissan for New Pickup

Truck should hit dealers before end of decade.

by on Apr.07, 2015

Mercedes and Nissan are teaming to produce a new luxury truck for the German automaker. The Frontier is likely the basis for the truck.

The Renault-Nissan Alliance and Daimler AG plans to expand their five-year strategic cooperation into the pickup truck segment.

The two automakers plan to develop a 1-ton pickup truck for Mercedes-Benz.

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Mercedes-Benz announced late last month it planned to develop a luxury pickup truck and indicated the project would be put on the fast track. The alliance with Renault-Nissan opens the door to moving the project forward, according to Daimler Chief Executive Officer Dieter Zetsche, who indicated last week in Berlin the new pickup truck would be ready before the end of the decade. (more…)

Nissan, Daimler Reveal Plans for Joint Mexican Luxury Car Plant

At cost of around $1.4 bil, lines will start rolling in 2017.

by on Jun.27, 2014

Daimler AG's Dieter Zetsche, left, and Renault-Nissan's Carlos Ghosn shake hands after announcing plans to build luxury cars in a plant in Mexico.

Announcing the biggest project in their four-year-old alliance, Daimler AG and Nissan Motor Co. have confirmed they will jointly set up and operate a new luxury car plant in central Mexico. At a cost of 1 billion Euros, or close to $1.4 billion, it will begin operating by 2017, the makers’ two CEOs revealed during a joint news conference.

There will be two separate lines, one for each brand, at the new luxury car plant – which will be erected on a portion of the new factory complex Nissan opened in the city of Aguascalientes last November. The factory will eventually employ “nearly 5,700” workers and will have capacity to produce about 300,000 vehicles annually, said Daimler’s chief executive Dieter Zetsche and Nissan’s Carlos Ghosn.

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“Our biggest project yet,” stressed Zetsche, “it takes our partnership to the next level.” (more…)

Daimler and Nissan to Partner on New Mexican Luxury Car Plant

New factory will produce both Mercedes-Benz and Infiniti models.

by on Jun.27, 2014

Nissan opened up its Aguascalientes plant last year. But it left plenty of room to expand once it locked down its joint venture with Daimler's Mercedes-Benz.

Nissan Motor Co. and Daimler AG will announce a significant expansion of their four-year-old alliance this morning, the two partners planning to set up a new plant in Aguascaliente, Mexico that will produce small luxury cars for the Japanese maker’s Infiniti brand and the German manufacturer’s Mercedes-Benz.

The project, first reported last year by TheDetroitBureau.com, takes the three-way partnership between Daimler, Nissan and French automaker Renault to a significant new level. The maker’s initially agreed to jointly produce engines and, among other things, develop a small car platform to be used for both Daimler’s Smart brand and as a replacement for the little Renault Twingo. Just this week, a new Nissan plant in Decherd, Tennessee launched production of engines for both the Infiniti and Mercedes brands.

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The new luxury car plant will be set up alongside an existing assembly line Nissan opened in the central Mexican city of Aguascalientes next year. Nissan CEO Carlos Ghosn and Daimler CEO Dieter Zetsche has previously both confirmed they were discussing the possibility of a new joint production facility but insiders say it took longer than expected to work out the details.

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Nissan, Renault Investing $5 Bil in India, Plan New “Ultra-Low Cost Cars” for Emerging Markets

Japanese and French makers will jointly develop new models.

by on Jul.16, 2013

The new Datsun Go debuts in India.

A day after launching the revival of the once-familiar Datsun brand, Nissan and its French partner Renault are laying out major plans for India and other emerging markets, including a plan to jointly develop a new line of ultra-low cost vehicles that the makers hope will give them a leg up in some of the world’s newest and fastest-growing markets.

Describing himself as “very bullish on India,” Carlos Ghosn, the CEO of both of the automotive partners, outlined plans to invest $5 billion on the subcontinent over the next few years, double what had previously been announced.

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Ghosn said that Nissan, Renault and the reborn Datsun brand and aiming for a 15% share of the Indian market.  Between them, the partners could have as many as 15 to 20 different models in Indian showrooms within the next five years, they indicated.

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Next Infiniti G-Cars to Share Mercedes Platform

But Mercedes will use Nissan/Infiniti engines.

by on Apr.18, 2012

A future version of Infiniti G IPL could deliver as much as 530 horsepower.

The already torrid relationship between Daimler AG and the Renault-Nissan Alliance continues to heat up.  Daimler’s Mercedes-Benz brand is now expected to provide the underpinnings for the Euro-Asian alliance’s next-generation Infiniti G cars.

According to new reports, Infiniti will share the same platform as the next-generation Mercedes-Benz C-Class. The new model will be slightly larger than the current Infiniti G, and will be offered with more body and powertrain variations.

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That is expected to include a coupe and a sedan, while powertrain options are likely to offer buyers a hybrid, possibly a diesel, and even a 530-horsepower V-6, according to a report in Motor Trend magazine quoting Japanese sources.

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Nissan-Renault Alliance Sees Global Demand Surge

Global partners set new sales record for 2011.

by on Jan.11, 2012

Renault-Nissan Alliance CEO Carlos Ghosn sees partnership with Daimler heating up.

Despite the economic problems in Europe and concerns about a double-dip recession in the U.S., the Euro-Asian Renault-Nissan Alliance set a sales record in 2011, collectively marketing a total 8.03 million vehicles around the world, including 4.67 million vehicles for Nissan, 2.72 million for Renault, and 638,000 for AvtoVAZ, their Russian partner.

The Alliance achieved a 10.3% increase in volume from the 7.28 million vehicles sold across the Alliance in calendar-year 2010 despite an unusually harsh year, in which the auto industry faced the March 11 earthquake and tsunami, the October flooding in Thailand, the abnormal strength of the yen and eurozone uncertainties.

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“Partnerships are key to regional growth and a key reason the Alliance achieved a new sales record,” said Carlos Ghosn, the Brazilian-born executive who serves as CEO for both Nissan and Renault.

The Japanese side of the alliance was a particular stand-out considering the disasters in Japan and subsequent flooding in Thailand.  In contrast to rivals Toyota and Honda, who struggled with product shortages until late in the year, Nissan was already nearing full-speed production by July. But it might not have gone so well.

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Nissan, Daimler to Jointly Build Engines in U.S.

"We share the office, not the bed."

by on Jan.09, 2012

Daimler Chief Dieter Zetsche (l), with Renault-Nissan CEO Carlos Ghosn.

The rapidly expanding partnership between Germany’s Daimler AG and the Euro-Asian Renault-Nissan Alliance will take another step forward when the partners begin production of a new line of 4-cylinder engines in the U.S. in 2014.

Nissan’s current powertrain plant, in Decherd, Tennessee will eventually be capable of producing as many as 250,000 engines annually for use in both Mercedes-Benz and Infiniti models.  That factory, opened in 1997, already produces a mix of 4-, 6- and 8-cylinder engines for both the flagship Nissan and high-line Infiniti brands.

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The decision to jointly produce engines in Decherd is the latest expansion of the Daimler/Nissan/Renault partnership initiated almost two years ago, and suggests that there may be further projects to come. When asked whether that might lead to a full-scale merger, Daimler CEO Dieter Zetsche said no, insisting the step-by-step strategy makes more sense for the three makers.

“We share the office and not the bed, and that works perfectly well,” Zetsche explained during a preview of the Detroit Auto Show.

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Ghosn Defends Nissan’s EV Program

Battery power is “here to stay,” says exec.

by on May.25, 2010

With the 2011 Nissan Leaf only set to begin fleet sales later this year, the maker already claims to have nearly 20,000 retail orders in hand.

Like it not, the electric car is here to stay, Carlos Ghosn, CEO of the Renault-Nissan Allliance, said during a whirlwind visit to Detroit.

The Japanese side of the alliance, in particular, is betting heavily on battery power, with its first battery-electric vehicle, or BEV, the Nissan Leaf, due to go on sale late this year.  Other models, including a luxury BEV for the Infiniti brand, are set to follow.

The first-year production of the electric-powered Nissan Leaf is already sold out, Ghosn said, noting the Japanese automaker already has 13,000 orders from customers in the U.S. and another 6,000 orders from buyers in Japan, with more pouring in every day.

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Initially, Nissan plans to offer the 2011 Leaf to fleet buyers, but for 2012 it will go into retail sale, and in the U.S., the orders have come from private citizens not government organizations, stressed Ghosn.

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