(Adds background, details of IT venture at end) PARIS, June 28 (Reuters) - Renault SA and Nissan Motor Co said on Friday they had agreed to take their car-making alliance a step further by jointly buying a greater proportion of components. In a statement, the French and Japanese manufacturers said joint purchasing would be increased to an annual value of $21 billion from approximately $15 billion currently, with most of the new parts being used in powertrains (the engine and transmission ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Renault, Nissan extend joint procurement pact" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.