Called Alliance 2022, the six-year plan has set a new target to double annual synergies to €10 billion by the end of the plan.
This morning, the Renault Nissan Alliance (now including Mitsubishi as well) released a new six-year plan laying out its business goal through 2022.
The trio of Renault, Nissan Motor and Mitsubishi represent the world's largest automotive alliance.
He felt, without wanting to commit to firm targets, that "more than 20 % of sales of alliance ser [iea] nt electrified" by 2022, thus including electric, but also hybrid (fuel / electricity).
The companies also launched a new logo and online presence for the Alliance, symbolizing the growing convergence and cooperation between the member companies.
Brazil tycoon Wesley Batista held for 'insider trading'
Despite the lower house's move to block the charges, they remain valid and can be pursued by prosecutors once Temer leaves office. The Supreme Court was also considering a motion from Temer's lawyers to throw out the Batista evidence.
Rare white giraffes discovered in Kenya
The mother kept pacing back and forth a few yards in front of us while signaling the baby giraffe to hide behind the bushes". The reticulated giraffes are white because of a genetic condition called leucism, which causes a loss of pigmentation.
The Renault-Nissan-Mitsubishi alliance is hot on the trails of VW in the electrification race after the French-Japanese coalition revealed a masterplan that shares' the Germans' ambition.
Point one involves developing four common platforms that would together underpin nine million cars, making up for 75% of the alliance's total sales.
Presenting the alliance's new strategic plan to 2022, chairman Carlos Ghosn said Renault-Nissan is targeting auto sales of 14 million units by that year, a rise of almost 40 percent from current levels. In the first half of 2017, volumes increased by seven per cent year-on-year to 5.27 million units.
Total unit sales by the member companies are expected to exceed 14 million vehicles per year by the end of the plan. We intend to deliver on growing synergies, with three autonomous companies cooperating with the efficiency of one. Those include a doubling of synergies to 10 billion euros from 5 billion euros, and total revenues of $240 billion from $180 billion in 2016. Becoming an operator of robo-vehicle ride-hailing services is a major part of the new mobility services strategy.
Equally important, those 12 vehicles will "utilize common platforms and components" across all three brands, meaning significant economies of scale. In 2022, more than 9 million vehicles will be built on four common platforms, up from 2 million vehicles on two platforms in 2016.
Under the plan, the alliance will introduce a new family of EV motor and batteries from 2020, shared across the member companies.
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The researchers reached the conclusion after surveying the sexual proclivities of 4,839 British men and 6,669 women ages 16-74. The Food and Drug Administration (FDA) recently approved the first drug to boost female libido, called flibanserin .
State jobless rate rose to 5.1 percent in August
The 3 percent unemployment rate for August compares with a rate of 3.1 percent in July and 3.2 percent in August 2016. Gains was also reported in other services (+1,800), trade-transportationutilities (+1,700), and construction (+1,600).
China orders all Bitcoin exchanges to close, report says
Speaking to CNBC , the executive said there is value in creating and trading Bitcoin , as its current popularity and usage shows. So if you were a dollar millionaire but put it all into bitcoins, you lost over $363,000 (£272,000) overnight.
Nestle acquires Blue Bottle Coffee
Nestle, Europe's biggest company by market value, is under pressure too from activist shareholder Third Point. Today, Oakland's Blue Bottle Coffee announced it's selling a majority stake to Nestlé .
Cheap Nokia 2 smartphone to pack a whopping 4000mAh battery
The phone would offer nearly all types of connectivity options on the phone to connect the device with the web or other devices. Besides, the appearance on Geekbench also means that HMD is testing the Android Oreo build for the upcoming flagship smartphone.