Renault-Nissan Alliance Forms Light Commercial Vehicle Business Unit

Paris (ots/PRNewswire) -

Ashwani Gupta Appointed Alliance Senior Vice President of the
Renault-Nissan LCV Business Unit, effective April 1

- Move expected to expand light commercial vehicle market leadership
under a single business unit and boost sales by unleashing the full
potential of Renault's van expertise and Nissan's truck know-how in
key markets.
- Alliance partners to create more synergies by having one business
unit, while ensuring brand differentiation, maximizing
cross-development and cross-manufacturing, technology sharing and
cost reduction.

The Renault-Nissan Alliance is creating a light commercial vehicle
business unit to expand its global presence in this growing segment.

(Logo: http://photos.prnewswire.com/prnh/20140130/666713-a )

(Photo: http://mma.prnewswire.com/media/478042/Ashwani_Gupta_Renau
lt_Nissan.jpg )

By unleashing the full potential of Renault's van expertise and
Nissan's truck know-how in key markets, the Alliance intends to grow
its light commercial vehicle sales worldwide. In the spirit of the
Alliance, partners will leverage complementary markets and products
while maintaining their own brand identity, sales and revenue.

"The combination of Renault, Nissan and the early collaboration
with Mitsubishi Motors in a single Alliance LCV Business Unit will
boost sales and deliver greater synergies," Alliance Chairman and CEO
Carlos Ghosn said. "With this move, we plan to expand our market
leadership by accelerating our performance in current and new,
high-growth markets, based on each company's core products and market
knowledge, and driven by customer needs."

The Renault-Nissan LCV Business Unit will be led by Ashwani Gupta
as Alliance senior vice president. He will report to Carlos Ghosn.

The Unit will continue to maximize cross-development and
cross-manufacturing and is expected to deliver further synergies in
costs and technology. Renault and Nissan have established
cross-production of vans and trucks over the last several years; for
example, the Nissan NV300 van is built on the Renault Trafic
platform; the Nissan NV400 van is built on the Renault Master
platform; and the Renault Alaskan pickup is built on the Nissan
Navara platform. The new Renault-Nissan LCV Business Unit will also
handle Nissan's body-on-frame SUVs, including the Nissan Armada and
Nissan Patrol.

For the entire Press release please click here:

http://www.media.blog.alliance-renault-nissan.com/news/6575

ots Originaltext: Renault-Nissan Alliance
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Catherine Loubier
catherine.loubier@renault-nissan.com
+ 33-6-21-88-80-59

Original-Content von: Renault-Nissan Alliance, übermittelt durch news aktuell