Wednesday , March 22 2023

Can & # 39; Renault and Nissan with live & # 39; independently?


new scenario

The president & # 39; that alliance – which was already twenty years – helped, of last year, for companies to save nearly $ 6 billion.

Carlos Ghosn m & # 39; longer the president of the Renault Nissan Alliance. The last Thursday, the Japanese manufacturer refused Mr Turco as the company's president. Few & # 39; day before, but Renault is ċaħduhx neħħah from his duties, and left the company in & # 39; Thierry Bolloré hand, the company's number two and now serves as CEO.

On the other hand, Hiroto Saikawa, appointed just over a year ago as CEO & # 39; Nissan, manages the company. Japanese f & # 39; Nissan; French in Renault. Neither the Japanese government does not want to join; nor the French to take over power in Nissan emblem diamond.

Ghosn, who planned to leave the group after completing the current strategic plan, in 2022, tried over the last few years to join the Alliance. He picked the rejection of & # 39; Emmanuel MACRON and Shinzo Abe; although both governments have expressed their intention to collaborate in the Renault Nissan Alliance continues as before to detect tax fraud of its president, said the site Mexiku expansion.

There was or was not a coup & # 39; state of Nissan, Carlos Ghosn to investigating for months without informing executives & # 39; Renault, the truth is that the Japanese spent & # 39; more than five years asked to have more weight in the Alliance decisions.

Renault has 43.4% of & # 39; Nissan. Is its maximum shareholder and has the right to vote and veto on the advice of the Japanese. The second shareholder is the public pension fund with Japan & # 39; 5.28%.

Nissan has 15% of & # 39; Renault but without the right to vote. And not its maximum shareholder. It is the French State which has 15.01% of the capital.

The Japanese feel misled because Renault, based on the Act Florance, left without voting Nissan for the first time. According to this regulation, if a shareholder remains & # 39; in the company for two years can & # 39; duplicate the rights to vote in the board, without the need to increase their participation. However, in & # 39; May 2015, the French government raised its shareholding to 19.75%, to prevent Nissan from raising capital in the capital & # 39; Renault.

F & # 39; November 2017, to attenuate to Nissan, Ghosn managed to get the French state to agree to sell 4.75% with its share & # 39; Nissan. But the French executive was one of ten & # 39; above the Japanese group, with its current 15.01%.

This relationship dates back to 1999. Nissan had no choice but to accept the conditions of & # 39; Renault because they will decrease. But in & # 39; in recent years, and a severe financial crisis that divided Europe, Nissan has said that the balance of the French. Last year Renault Group won a $ 5.25 billion, that its share & # 39; Nissan contributed $ 2799 million. In 2016, Renault won US $ 3543 million, which Nissan contributed US $ 1638 million.

F & # 39; & # 39 terms, sales, Nissan leads. In addition, the Japanese was that bought the current third trip & # 39; Alliance, Mitsubishi, f & # 39; in October 2016, is owner & # 39; 34%. This Monday will remove a Mitsubishi Ghosn as its president.

Between the two Japanese brands, are sold 8.84 million vehicles in 2017; Renault Group, 3.76 million.

Sentenced to understand

The Alliance base is synergies. If in 2016 saved 5,000 million and last year almost 6,000, the plan estimates that in 2022 10,000 million in costs will be reduced. Both companies (and Mitsubishi) are centralizing their purchases to suppliers, the engineering, the supply chain and manufacturing.

F & # 39; recent field comes & # 39; other participants, Daimler, which has a strategic agreement in 2014 with the Renault Nissan Alliance. Just some examples. The van Mercedes Citan is manufactured in the French plant & # 39; & # 39 Renault; Maubeauge, which also produces the Nissan NV250. Daimler makes in Mexico Infiniti (a premium brand & # 39; Nissan) QX30. Either factory & # 39; Valladolid Motors manufactures small diesel engines, for example, collect the Mercedes Class A.

Renault Nissan Mitsubishi has just sealed an agreement with & # 39; Google, which will replace Microsoft as a supplier & # 39; for cloud services and software for 2021.

Renault and Nissan have depth & # 39; & # 39 capital; risk & # 39; 1,000 million to capture new business opportunities in new mobility. And Nissan with Leaf, and with Renault Zoe, are world leaders in selling & # 39; electric vehicles. The union of the two companies is so much & # 39; profit seems complicated to reach an agreement to end.

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