Renault-Nissan is the story of a saved which then saves his rescuer ... http://bit.ly/1MhHHuW
In sixteen years, the balance of the alliance between the two groups went through all states.
Sixteen and a half years. Age doubts. The Renault-Nissan alliance is undergoing a real crisis of growth - its Japanese, Brazilian or French fairy clearly not knowing what fate book him, or rather how to achieve their ends. In defense of the latter, since the signing in Tokyo of an agreement between the governance of Boulogne-Billancourt and keiretsu Yokohama, balance of it has gone through all the states.
Back in 1999. Nissan, drained by years of fighting with his cousin Toyota, drowning in debt - $ 200 billion francs. At the other end of the world, Louis Schweitzer, CEO of Renault, sniffs the opportunity of the century. Get hold of a bigger piece than he, very present in Asia and the United States (Renault gaps then), for a modest price. In March 1999, the deal is done: Renault Nissan takes 37% of the capital to 33 billion francs.
The new coupler sees Carlos Ghosn arrive quickly. The number 2 Renault Nissan became director of operations and receives the mission to refloat the Japanese group - with steel wool if necessary. Backed by his "commando", a score of Renault, the "cost-killer" makes sparks, which earned him a quasi-imperial will in Japan. In 2002, he was inducted CEO of Nissan. A few months later, Renault rose to 44.3% of the Japanese capital, while the latter recovers 15% of the French group, as expected. Then Carlos Ghosn gets behind the wheel of Renault, in addition to that of Nissan in 2005.
Balance in question
With their common driver, an exception in the "big business", Renault and Nissan are working extra hard. The alliance, which already allowed to make joint purchases, is expanding. Common directions, research, industrial architecture, production sites. Wide synergies that save the duo up to 2.8 billion euros in 2013 - and strengthen operational links.
In fact, if Nissan was saved by Renault in the early laps of the alliance, Japan has since largely returned the favor. The billions of dividends and soaring Nissan market recovery helped the Diamondbacks surmonterla crisis of 2008. Enough to give ammunition to proponents of a rebalancing of the alliance, Carlos Ghosn in mind. If Renault and Nissan each have two seats on the board of the other, the Japanese enjoys no right to vote at Renault. Thing claimed decade by Carlos Ghosn. But something consistently denied by successive governments, all concerned about the future of one of the emblems of French industry. In case of total merger, Renault would not be the one who controls the other ... The rescuer and the rescued have reversed their roles. Normal: throughout its history, Renault Nissan has earned more than a few quarters.