{"id":13846,"date":"2014-03-26T14:00:12","date_gmt":"2014-03-26T13:00:12","guid":{"rendered":"http:\/\/www.autotrade.ie\/?p=13846"},"modified":"2014-03-27T14:00:43","modified_gmt":"2014-03-27T13:00:43","slug":"renault-nissan-alliance-celebrates-15th-anniversary","status":"publish","type":"post","link":"https:\/\/www.autotrade.ie\/index.php\/renault-nissan-alliance-celebrates-15th-anniversary\/13846","title":{"rendered":"Renault-Nissan alliance celebrates 15th anniversary"},"content":{"rendered":"

The Renault-Nissan Alliance is celebrating its 15th anniversary only days before the global car group launches its next significant wave of integration.<\/p>\n

Renault and Nissan came together in1999, when Renault invested 643 billion yen (approximately \u20ac5 billion or US$ 5.4 billion at the time) for a 36.8% stake in Nissan, which at the time was close to bankruptcy. Since then, the companies have reached sales of 8.3 million units, up from 4.8 million units in 1999, and moved into the top tier of global automakers. Today, Renault has a 43.4% stake in Nissan, while Nissan has a 15% stake in Renault.<\/p>\n

\u201cTogether, Renault and Nissan have significantly expanded their global footprint and generated economies of scale vastly larger than either company could accomplish on its own,\u201d said Renault-Nissan Alliance Chairman and CEO Carlos Ghosn. \u201cRenault and Nissan have charted a unique course for 15 years, maximizing synergies while nurturing each company\u2019s distinct brands and corporate culture.\u201d<\/p>\n

The Renault-Nissan Alliance is now the auto sector\u2019s longest-lasting and most productive cross-cultural collaboration \u2013 a model business case in an industry notorious for corporate breakups.<\/p>\n

To learn what independent, objective experts say about the Alliance and collaborations in the auto industry, watch this mini-documentary: http:\/\/blog.alliance-renault-nissan.com\/node\/1856. To see a timeline of significant events in Alliance history, check out this interactive infographic: http:\/\/blog.alliance-renault-nissan.com\/page\/timeline.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Renault-Nissan Alliance is celebrating its 15th anniversary only days before the global car group launches its next significant wave of integration.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[8,1],"tags":[],"class_list":["post-13846","post","type-post","status-publish","format-standard","hentry","category-dealerimporter","category-news","cat-8-id","cat-1-id"],"yoast_head":"\nRenault-Nissan alliance celebrates 15th anniversary - Autotrade.ie<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.autotrade.ie\/index.php\/renault-nissan-alliance-celebrates-15th-anniversary\/13846\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renault-Nissan alliance celebrates 15th anniversary - 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