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20 Sep
08:29

Renault-Nissan-Mitsubishi JV to boost shared production

The joint venture of car makers Renault, Nissan & Mitsubishi motors is to strengthen cooperation and boost production according to the company’s new growth scheme.  ‘Alliance 2022’ is a six-year plan with the target of doubling annual synergies to €10 billion ($12 billion). The member companies will extend their use of shared common platforms and powertrains. In 2022, more than 9 million vehicles will be built on four common pl…
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