Time vs Money: Renault withdraws from joint procurement with Nissan and Mitsubishi
Last summer’s relaunched Renault-Nissan-Mitsubishi alliance is taking on increasingly unusual contours: this week it was announced that they are abandoning joint global component procurement, even though such procurement was supposed to be one of the main goals of creating the alliance. In July of this year, Renault Group, Nissan Motor, and Mitsubishi Motors announced the…