Renault-Nissan are celebrating hitting the top spot as the world’s biggest seller of light vehicles in 2017. Nissan motors boast a record high of 5.82 million with Renault reporting 3.76 million in sales. The group was helped along by the inclusion of Mitsubishi motors with sales of 1.03 million which together, knocked the Volkswagen group off the leader position held in the previous year.
It could be said that the organisational strategy of combining franchises with a focus on sharing parts and processes are paying dividends as companies look to market and develop ranges, especially in respect of hybrid / electric models and technology.
It is reported, Renault-Nissan CEO Carlos Ghosn has pledged to make scale an advantage and is focused on increasing savings to 10 billion euros ($12 billion) by 2022 with a view to increase annual sales to 14 million units.
(source information: The Independent online / www.autonews.com)