Renault holds a 44.3% stake in Nissan, while Nissan owns 15% of Renault shares. Each company has a direct interest in the results of its partner.
Renault-Nissan B.V.*, the common strategic management structure of the Renault-Nissan group, was founded on March 28, 2002. Incorporated under Dutch law, Renault-Nissan B.V. is equally owned by Renault and Nissan. Renault-Nissan B.V. is the registered office of the Alliance Board, which meets regularly in Paris and Tokyo.
- * B.V. (Besloten vennootschap) is a closed limited liability company under Dutch law.
Strategic Management of the Alliance
The Renault-Nissan Alliance is managed strategically as shown below.
The Alliance Board (AB)
Composed of executive committee members from both Renault and Nissan, the Alliance Board stimulates development of synergies, validate respective Renault & Nissan strategic orientations and business plans, decide on common activities and monitor Alliance progress. However, Renault and Nissan remain independent in their top Management.
Renault-Nissan B.V. is the sole shareholder of the two existing Alliance joint-venture companies: Renault-Nissan Purchasing Organization (RNPO) and Renault-Nissan Information Services (RNIS).
Steering Committees (SC)
Steering Committees control and guide synergy hunting activities and management of common programs, prioritize actions, prepare recommendations and decisions submitted to Alliance Board Meeting. They also organize benchmarking of the competitive position of the Alliance in their respective areas and monitor the implementation of Alliance decisions. Steering Committees manage directly the related Cross Company Teams (CCT), Functional Task Teams (FTT) and Task Teams (TT).
Cross-Company Teams (CCT)
Cross Company Teams have a clear role of opportunity and synergy hunter. They also check implementation made by line organization.
Functional Task Teams (FTT)
Functional Task Teams support and facilitate daily work of the Alliance bodies and harmonize practices and tools as needed.
Task Teams (TT)
Task Teams conduct Alliance projects and / or support SCs with specific assigned tasks and deadlines.
