Nissan: 80% of future vehicles will be based on new Module Strategy
Integration of four business functions with Renault to build synergy
The Image of CMF
Nissan Motor Co., Ltd. is promoting Common Module Family (CMF) strategy together with Renault S.A. In 2013, the OEM launched X-Trail, Rogue and Qashqai in the CMF-C and D segments. New model launches are scheduled also in the CMF-A and B segments. More than 80% of Renault-Nissan Alliance's future vehicles will be based on CMF and the two companies plans to produce 70% of their vehicles on CMF basis by 2020.
Since April 1, 2014, the Alliance has integrated four major functions: Engineering, Manufacturing & Supply Chain Management, Purchasing, and Human Resources. The alliance plans to achieve a minimum EUR 4.3 billion annual synergy goals. In addition, the areas of partnerships with Daimler AG and Mitsubishi Motors Corporation will be extended. The Renault-Nissan Alliance thus aims to build up synergy effects within themselves and with the joint venture partners to compete with Toyota and VW Groups, whose production and sales volumes exceed those of the alliance.
Nissan: Profits declined in North America and emerging markets (posted in March 2014)
Toyota Introduces TNGA: New Vehicle Development Framework Initiatives (posted in January 2014)