Renault-Nissan-Mitsubishi to boost collaboration in key technologies

Areas of convergence that have been identified by the trio include engineering, manufacturing, purchasing and supply chains. On Thursday, the Renault-Nissan-Mitsubishi alliance stated it would boost the speed of convergence of technologies between the trio as they collaborate on key areas as part of a bigger, broader strategy to boost profits and lower costs. The…

PSA and Renault reap strategic gains from Iran’s car market

With its competitors stalling in fear of U.S. sanctions, PSA and Renault in a swift calculated move have grabbed market share in Iran’s booming car market and have secured contracts to boost production deals. French car manufacturing companies such as Renault and PSA have made significant inroads in the Iranian car market. Despite their diminutive…