Renault-Nissan Alliance was signed on March 27, 1999.Together they have built an exceptional business model that has sharpened noteworthy benefits for both companies. Over the period of 15 years, employees at Renault and Nissan have worked as partners with an outlook of creating both the corporate identities up to the mark. Renault holds a 43.4% stake in Nissan; on the other hand Nissan owns 15% of Renault shares. The brands that come under the wing of Nissan –Renault Alliance are:Infiniti, Nissan, Datsun, Heritage, Motorsports, Nissan Crossing.
In 1999, Nissan was facing critical financial difficulties; Nissan set an alliance with Renault S.A. of France.
The Renault-Nissan Alliance was signed on 27 March 1999 and it was exceptional alliance of a Japanese and French car manufacturer, both with their own distinctive corporate culture and brand identity. In 2000, Japan’s leading seller of imported automobiles (Yanase), cancelled its licensing contract with Renault and afterwards Nissan took over as the single licensee. Renault-Nissan B.V. is evenly owned by Renault and Nissan.
On 7 April 2010, Daimler AG swapped a 3.9% share of its holdings for 3.9% from both Nissan and Renault. This triple alliance consents to the enhanced sharing of technology and development costs, persuading global cooperation and mutual growth. The Renault–Nissan Alliance formed a joint venture with Russian Technologies (Alliance Rostec Auto BV) with the intension of being a long-term controlling shareholder of AvtoVAZ. The two companies of the Renault-Nissan Alliance took a joint 67.1% stake of Alliance Rostec, which sequentially got hold of a 74.5% of AvtoVAZ, thus giving Renault and Nissan indirect control over the Russian manufacturer.
Performance and Technology
The vehicles are based on the company’s vision of “Enriching people’s lives,” .The vehicles are introduced with ProPILOT Park,an advanced automated parking system that can execute an assortment of parking maneuvers at a touch of a button .E-Pedal makes driving easy by using only the accelerator pedal. The battery in electric vehicles is Lithium-ion Battery that is lightweight and compact. The E-Powertrain is lightweight, compact and high-efficiency powertrain for electric vehicles EVs. ProPILOT considerably lessens driver stress while driving on highways in numerous sorts of traffic conditions, making long drives more contented and enjoyable. The other technologies are :Intelligent Rearview Mirror, Mirror Bore Coating, Blind Spot Warning ,New Chassis Control, Emergency assist for pedal misapplication, Lane Departure Warning, Intelligent Trace Control, Intelligent Ride Control, Intelligent Engine Brake, Moving Object Detection (MOD),Intelligent Park Assist, Intelligent Emergency Braking,HR12DE Engine, Lithium-ion Battery for Hybrid Vehicles, Direct Adaptive Steering, Smart Auto Headlights, XTRONIC CVT with Auxiliary Transmission, Mode Control Design Technology (Nodal Mount).
Some of the popular cars are: Nissan Pulsar, Nissan Alma, Nissan leaf,Austin A40 Somerset Saloon, Datsun Cablight 1150, EV Guide-II (Electric Vehicle), Nissan MID 4 (Type II), Cherry 2-Door Deluxe, Cherry Coupe X-1,Datsun GO, Renault Duster, Renault Lodgy, Renault KWID.
The most fun to drive vehicles with solid, reliable and great engines that are easy to maintain.