Renault-Nissan Alliance Posts Record EUR2.9B Synergies in 2013 Ahead of Launch of First Common Module Family Vehicles

Paris And Yokohama, Japan (ots/PRNewswire) -

- Purchasing, powertrain and vehicle engineering areas remain the biggest
contributors to synergies
- "Non-traditional" business functions, such as sales and marketing, increase
contributions
- Moving forward, synergies are expected to accelerate with "convergence" in
four key business functions

The Renault-Nissan Alliance posted record synergies of 2.87
billion euros in 2013, up from 2.69 billion euros in the previous
year. Purchasing, powertrain and vehicle engineering remained the
biggest contributors as the Alliance geared up for the launch of its
first Common Module Family (CMF) vehicles.

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

Purchasing, which is jointly managed by Renault-Nissan Purchasing
Organization (RNPO), generated 1.036 billion euros in synergies.
Vehicle engineering, which relates to common platforms and
components, accounted for 714 million euros. The co-development and
exchange of powertrains accounted for 525 million euros.

Synergies are derived from cost reductions, cost avoidance and
revenue increases. Only new synergies - not cumulative synergies -
are taken into account each year. Synergies help both Renault and
Nissan meet performance objectives and, significantly, enable the
carmakers to deliver higher value vehicles to customers around the
world.

(To learn more about 2013 synergies, watch this video:
http://www.media.blog.alliance-renault-nissan.com/news/5165.)

CMF and emerging markets drive synergies

Common Module Family
[http://blog.alliance-renault-nissan.com/search/node/CMF ] (CMF) is
the Alliance's unique system of modular architecture and an
increasing source of synergies.

CMF enables Renault and Nissan to build a wide range of vehicles
from a smaller pool of parts, while at the same time increasing
customer choice and quality. Small vehicles are based on CMF-A, while
mid-sized vehicles are CMF-B, and the largest vehicles are CMF-C/D.

In November 2013, Nissan began selling its first vehicle on CMF in
the United States; the new Rogue sports utility vehicle is built on
CMF-C/D. The following month, Nissan began selling the X-Trail
crossover SUV in Japan, also based on CMF-C/D. In February, Nissan
began selling the Qashqai crossover in Europe.

The first model based on CMF at Renault will be the replacement
for the Espace, which will debut in 2015 on CMF-C/D.

In 2013, the Alliance also began development work on CMF-A, the
most affordable category of cars. Production of CMF-A vehicles will
begin in 2015 at the Renault-Nissan Alliance plant in Chennai, India.

For the full press release, go to:
http://www.media.blog.alliance-renault-nissan.com/news/5165.

Contact:

Mia Nielsen
Renault-Nissan Alliance
+33(0)6-10-83-31-33
mia.nielsen@renault.com

Photo:
http://photos.prnewswire.com/prnh/20140130/666713-a

ots Originaltext: Renault-Nissan Alliance
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