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Ghosn says Renault-Nissan can compete without new partners

2015-06-04 05:23:13| Automakers - Topix.net

French automaker Renault SA and its Japanese partner Nissan Motor Co continue to increase savings through synergies and can meet longer-term goals without expanding its current alliances, Chief Executive Carlos Ghosn told Reuters on Wednesday. The two saved "much more" than 3 billion euros in 2014 from sharing costs for new vehicles and technology development, compared with 2.8 billion euros in the previous year, he said.

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