PARIS — Renault SA and Nissan Motor Co. Ltd. will use a common purchasing organization to buy US$14.5 billion in auto parts around the world. The Renault Nissan Purchasing Organization was set to begin April 1, with responsibility for about 30% of the companies' global purchases. In time, it will take over about 70% of purchases. Renault and Nissan spend about US$50 billion to buy parts. Purchasers will be based in North America, Japan and France. The new organization doesn't replace ...

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