Renault Vows to Fix Nissan Alliance Next Year
Renault SA Chairman Jean-Dominique Senard declares his goal is to repair and relaunch the company’s strained partnership with Nissan Motor Co. next year.
“My obsession is for the alliance to take off in 2020,” he tells France’s Inter radio network. If the companies can’t extract the full potential of the 20-year-old partnership by then, he says, “I will consider it to be a failure.”
Senard repeats that reviving merger talks with Fiat Chrysler Automobiles NV is not a primary concern. Nor is responding to Nissan’s continuing request for a rebalance of the equity structure for their partnership.
Senard, who was named to replace Carlos Ghosn early this year, says he found the alliance in worse shape than he expected. The problems, he concedes, “will take time to mend.”
When Suzuki developed the GSX1300R, it set out to build the fastest mass-production motorcycle on the market. As competitors gained ground and stringent emission regulations were set, Suzuki set out to reinvent the bike.
The Lexus ES sedan is more than just an offering within the company’s lineup.
For conducting business in the U.S. market, Toyota has historically had several separate business entities: a sales and distribution company headquartered in California (Toyota Motor Sales, USA); manufacturing operations (Toyota Motor Manufacturing North America); a racing subsidiary (Toyota Racing Development, USA); the Toyota Technical Center for R&D in Ann Arbor; and a design facility in California (Calty Design Research, Inc.). On April 1, 2006, Toyota merged its R&D operations and its manufacturing operations into a single company.