The financially strapped Nissan Diesel is reportedly hoping to cut material and component procurement costs 20% over the next three years through the worldwide purchasing assistance of Renault's truck subsidiary Renault V.I.
According to Japan's Kyodo News Service, Nissan Diesel has set up a task force responsible for cost management across all divisions. Since demand for trucks is banking on cost cutting to help bring it back to profitability.
Renault owns 22% of Nissan Diesel and 36.8% of parent Nissan Motor Co.
Details of the purchasing tie-up were not disclosed but it may be similar to a plan announced last year (see story 12/29/99) to integrate RVI and Mack truck brands in North America. That arrangement included a common organization to coordinate purchasing as well as engineering and product development. While the two brands would remain separate, RVI and Mack could also share engines, transmissions and chassis.
According to Japan's Kyodo News Service, Nissan Diesel has set up a task force responsible for cost management across all divisions. Since demand for trucks is banking on cost cutting to help bring it back to profitability.
Renault owns 22% of Nissan Diesel and 36.8% of parent Nissan Motor Co.
Details of the purchasing tie-up were not disclosed but it may be similar to a plan announced last year (see story 12/29/99) to integrate RVI and Mack truck brands in North America. That arrangement included a common organization to coordinate purchasing as well as engineering and product development. While the two brands would remain separate, RVI and Mack could also share engines, transmissions and chassis.
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