The strategic partnership between Renault and Nissan has been credited with saving the once-foundering Japanese maker and, more recently, helping the French side of the alliance hold its own during the European economic crunch. Now, say the two makers, they achieved record “synergies” for the 2012 model-year.
By working together on everything from parts distribution to product development, the Renault-Nissan Alliance reports it generated 2.69 billion Euros in synergies last year, a 54% jump from the 1.75 billion achieved in 2012.
“Synergies and greater economies of scale allow Renault and Nissan to compete in an elite tier of the world’s top automakers globally,” said Christian Mardrus, Renault-Nissan Alliance Managing Director for Logistics and the Office of the CEO. “We expect to generate even more synergies going forward, particularly in emerging markets such as Brazil, Russia, India and China.”