* Ten years into the Alliance, Renault and Nissan are taking cooperation to a higher level.
* In 2009, identified synergies will contribute €1.5 billion (¥180 billion*1 ) in free cash flow to the Alliance partners.
* A small, dedicated team has been set up to foster deeper, broader cooperation and to maximize the contribution of synergies to the performance of both partners.
Research and advanced technology is expected to bring cost savings of €115 million, as the two companies coordinate efforts to avoid overlaps and improve resource allocation. For example, both Renault and Nissan’s electric vehicles will be equipped with jointly developed batteries. Renault’s fuel cell vehicle, presented last year, uses Nissan’s fuel cell technology. The two companies will also pool their efforts in technologies related to CO2 emissions, life on board, safety and dynamic performance.
Source: nissian-global.com
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