Renault Nissan

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Title: Renault Nissan

Essay Details:

Subject: Business

Author: Irma R

Date: July 23, 2011

Level: University

Grade: A

Length: 3 / 712

Essay text:

Instead, as Pierre-Alain De Smedt, a Renault Group executive vice-president, has been explaining in the company's R & D Magazine (always worth reading, and not afraid to mention, even applaud, rival products) Nissan is currently reckoned to be the most profitable volume car manufacturer in the world, Renault is similarly placed in Europe, and together they make up the second most profitable vehicle manufacturing group world-wide. From the situation five years ago when Renault was pouring resources into Nissan, and thanks to the two companies' cross-shareholdings, Nissan now makes a substantial contribution to Renault's profits at the same time as making profits from its own shares in Renault...

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