Five years on,
Renault and Nissan reinforce their common ambition
On the strength of the numerous synergies generated by the Alliance over the past five years and the performance of both companies, Renault and Nissan assert their ambitions for the future.
For the 5th anniversary of the Alliance, a document entitled "Vision - Destination" is being circulated to all Renault and Nissan employees. In it, the two companies state the ambitions of the Alliance and reaffirm their shared values and principles.
Renault-Nissan Alliance Vision - Destination
The Renault-Nissan Alliance is a unique group of two global companies linked by cross-shareholdings.
- They are united for performance through a coherent strategy, common goals and principles, results-driven synergies, shared best practices.
- They respect and reinforce their respective identities and brands.
I - The principles of the Alliance
The Alliance is based on trust and mutual respect. Its organization is transparent.
It ensures:
- clear decision making for speed, accountability and a high level of performance
- maximum efficiency by combining the strengths of both companies and developing synergies through common organizations, cross-company teams, shared platforms and components.
The Alliance attracts and retains the best talents, provides good working conditions and challenging opportunities: it grows people to have a global and entrepreneurial mindset.
The Alliance generates attractive returns for the shareholders of each company and implements the best-established standards of corporate governance.
The Alliance contributes to global sustainable development.
II - Objectives
The Alliance develops and implements a strategy of profitable growth and sets itself the following three objectives:
1. To be recognized by customers as being among the best three automotive groups in the quality and value of its products and services in each region and market segment.
2. To be among the best three automotive groups in key technologies, each partner being a leader in specific domains of excellence.
3. To consistently generate a total operating profit among the top three automotive groups in the world, by maintaining a high operating profit margin and pursuing growth.
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