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Strategic management<br />
<strong>Renault</strong>-Nissan b.v., the strategic management company<br />
of the <strong>Renault</strong>-Nissan Alliance, is jointly and equally held<br />
by both <strong>Renault</strong> and Nissan groups. The company, whose<br />
registered office is located in the Netherlands, hosts<br />
the Alliance Board, which meets regularly.<br />
The Alliance Board steers the Alliance's mediumand<br />
long-term strategy and coordinates joint activities<br />
on a worldwide scale. The President of the Alliance Board<br />
is the President and CEO of <strong>Renault</strong> and President<br />
and CEO of Nissan, Carlos Ghosn. The other members<br />
are Patrick Blain, Patrick Pélata and Jean-Louis Ricaud<br />
from <strong>Renault</strong>, and Toshiyuki Shiga, Tadao Takahashi<br />
and Mitsuhiko Yamashita from Nissan.<br />
Steering Committees deal with all cross-functional<br />
Alliance operations and propose priority topics for<br />
the Alliance Board Meetings. They also coordinate<br />
the activities of the Cross-Company Teams (CCT),<br />
Functional Task Teams (FTT) and Task Teams (TT). There are<br />
seven Steering Committees overseeing Planning,<br />
General Overseas Markets, Control and Finance, Sales<br />
and Marketing, Information Systems, Support Functions,<br />
and Product Development and Manufacturing.<br />
Since the beginning of the Alliance, <strong>Renault</strong> and Nissan<br />
have been committed to developing personnel exchanges<br />
in order to enhance the performance of the Alliance.<br />
These exchanges concern 412 employees (including<br />
common organizations). Several hundred people<br />
are involved in Alliance bodies, remaining employed<br />
by their home company.<br />
Sharing of best practice<br />
The Alliance promotes the sharing of best practice<br />
and conducts benchmarking studies in all areas of business<br />
at <strong>Renault</strong> and Nissan to identify avenues for progress<br />
in each sector.<br />
<strong>2005</strong> was an historic turning point for <strong>Renault</strong> and Nissan,<br />
with the same President and CEO leading both groups,<br />
completion of the Nissan 180 business plan and preparations<br />
for <strong>Renault</strong>'s own business plan.<br />
The <strong>Renault</strong>-Nissan<br />
Alliance<br />
Key dates in the <strong>Renault</strong>-Nissan Alliance<br />
• March 27, 1999: <strong>Renault</strong> and Nissan announce their strategic Alliance. <strong>Renault</strong> takes a 36.8% stake in Nissan for ¥643<br />
billion (55 billion).<br />
• June 1999: The structures for devising and implementing joint projects are established. They are governed by the Global<br />
Alliance Committee.<br />
• October 30, 2001: <strong>Renault</strong> and Nissan announce their decision to further strengthen the Alliance. <strong>Renault</strong>-Nissan b.v.,<br />
a joint management company held equally by both partners, is established under Dutch law.<br />
• March-May 2002: <strong>Renault</strong> exercises the warrants it has held since 1999 ahead of schedule to raise its stake in Nissan<br />
from 36.8% to 44.43%. Nissan acquires a 15% stake in <strong>Renault</strong>.<br />
• May 29, 2002: The Alliance Board meets for the first time.<br />
• May <strong>2005</strong>: Carlos Ghosn becomes President and CEO of <strong>Renault</strong>, while remaining President and CEO of Nissan,<br />
and becomes President of <strong>Renault</strong>-Nissan b.v.<br />
<strong>2005</strong> <strong>Renault</strong> Annual Report<br />
57
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