Infiniti Emerg-E Concept Patent Drawings Leaked

2013 BMW X3 xDrive28i, X5 M Sport Edition Announced

Appealing Lehto's Verdict, Attorney Arrested For Money Laundering
2012 Jeep JK-8 Pickup 'Red Jacket Edition' Visits Jay Leno's...

John Force, Spencer Massey, Greg Anderson NHRA Pomona Winners

Toyota Confirms That Stripped Scion FR-S Models Not U.S.-Bound
2012 BMW M6, 2013 Kia KH, 2013 Lexus RX: Today's Car News

Classic Aston Martin DB5 Returns In Upcoming Bond Flick...

Ed Carpenter Aligns With Chevrolet For 2012 INDYCAR Season

Ghosn: Nissan to grow its connections with Renault to help boost earnings

Ralph Hanson

Author

LATEST ARTICLE
Report: Chevrolet Camaro Z28 Back On Production Path
When General Motors' financial situation turned from serious to bankruptcy-bound, two of the first... Read More

N/ALEADERBOARD RANK
1799ARTICLES CONTRIBUTED
0COMMENTS POSTED

1 683 views May 14, 2009

Finding more areas to pair Nissan with Renault will hopefully cut costs and improve profits

Enlarge Photo

Just days after reporting its first loss since Carlos Ghosn took the helm in 1999, Nissan is looking for ways to get back on track, and Ghosn thinks that means tightening its relationship with Renault. More cooperation could mean lower total costs and therefore more profitability, but the specifics have yet to emerge.

Finding more areas to cooperate could mean sharing even more engines than the already-shared eight, sharing existing platforms and halting development of new platforms for the near future. The engine sharing alone could generate up to $675 million in additional earnings, reports Reuters.

How the company's financial plans impact its interest in the up-for-sale Saturn brand or its plans for further cooperation in the EV sector with Better Place and its own initiatives isn't clear, but those projects aren't expected to fall by the wayside yet.
m
The alliance also has plans to build an ultra-low cost car (a la Tata's Nano) in cooperation with Bajaj auto, and a plan to expand into the Russian market with AvtoVaz.