Renault-Nissan Alliance Posts Record Synergies of 2.69 Billion Euros in 2012, with Particular Gains in Emerging Markets

Paris (ots/PRNewswire) -

- Synergies up 54% from 1.75 billion euros in previous year
- Sharp increase shows partnership's momentum keeps accelerating
- Purchasing, powertrain and vehicle engineering areas remain the biggest
contributors
- Synergies expected to keep growing with acceleration in non-engineering areas

The Renault-Nissan Alliance posted record synergies of 2.69
billion euros in 2012, up from 1.75 billion euros in the previous
year.

The 54% jump shows that the partnership's momentum continues to
accelerate. Formed in 1999, Renault and Nissan enjoy the
longest-lasting and most productive cross-cultural partnership in the
auto industry. (See our video here:
http://www.media.blog.alliance-renault-nissan.com/news/4350).

Synergies come primarily from cost reductions and cost avoidance.
Only new synergies - not cumulative synergies -- are taken into
account every year.

Renault and Nissan collaboration increased worldwide, particularly
in emerging markets where both companies are expanding their
industrial footprints.

"Synergies and greater economies of scale allow Renault and Nissan
to compete in an elite tier of the world's top automakers globally,"
said Christian Mardrus, Renault-Nissan Alliance Managing Director for
Logistics and the Office of the CEO. "We expect to generate even more
synergies going forward, particularly in emerging markets such as
Brazil, Russia, India and China."

Purchasing, powertrain and engineering synergies remain the
highest potential

As in previous years, the top contributors to synergies by
business unit in 2012 were purchasing (851 million euros), powertrain
(709 million euros) and vehicle engineering (546 million euros).

Synergies increasingly come from Asia and emerging markets such as
Russia, where the two manufacture vehicles and powertrains together
at the same plants.

The Alliance's plant in Chennai, India, for example, is home to
the biggest platform-sharing project within the Alliance. The plant,
which has an annual production capacity of 400,000 units, produces
both Renault and Nissan vehicles for export and the local market.

For the full release, go to:
http://www.media.blog.alliance-renault-nissan.com/news/4350.

Contact:

Mia Nielsen
Renault-Nissan Alliance
+33-(0)6-10-83-31-33
mia.nielsen@renault.com
http://blog.alliance-renault-nissan.com

Rochelle Chimenes
Renault SAS
+33-(0)6-85-32-65-50
Rochelle.chimenes@renault.com

Toshitake Inoshita
Nissan Motor Co., Ltd.
+81-(0)50-3804-7199
t-inoshita@mail.nissan.co.jp

ots Originaltext: Renault-Nissan Alliance
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