Presentation of the successful merge of Renault and Nissan Motors.

Paper Topic: Presentation of the successful merge of RENAULT corporation and NISSAN motors! Term Paper due on April 26th, 2001 In 1999, RENAULT, a French midsize automaker company decided to create an alliance with Japan’s NISSAN Motors. This operation has transformed the company into a global player, inside the very competitive market of worldwide vehicular distribution. By taking over 36.8% of Nissan's capital, Renault decided to send Carlos Ghosn, as new manager from Nissan, in order for …showed first 75 words of 982 total…

…showed last 75 words of 982 total…and changing many aspects of the Nissan management method, Renault wanted to bring leadership in order to boost the sales of the company and bring back success. In 2001, the key accomplishments are an expecting post record profit of $2.3 billion for the year ending Mar. 31 (rebounding from seven years of losses), a cut costs to trim Nissan’s debt load from $13 billion to $10 billion, and boost Nissan’s stock price by 38 % in 2000, to about 11. ------------------------------------------------------------------------ **Bibliography**