RENAULT AND NISSAN GET CLOSE
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July 01, 1999 01:00 AM

RENAULT AND NISSAN GET CLOSE

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    TOKYO - Renault SA and Nissan Motor Co. have set up several working groups to bring their two companies together.

    At the top of the organizations, a Global Alliance Committee will define common strategies and find money-saving synergies. The group will meet monthly, starting July 28 in Tokyo.

    The companies also are setting up 11 cross-company teams in such areas as product planning and related strategy, powertrains, vehicle engineering and purchasing and supply.

    A Coordination Bureau will oversee the cross-company teams and staff functions, including scheduling and monthly reports, human resources, communications, organization and economic assessments.

    Each company has an Alliance Steering Committee to focus on line issues. They will meet every two weeks to deal with operating problems encountered by the cross-company teams.

    The Coordination Bureau and both Alliance Steering Committees will report to Renault's Georges Douin, executive vice president for product and strategic planning and international operations, and Nissan's Patrick Pelata, executive vice president for products and corporate planning.

    Separately, Renault Chairman Louis Schweitzer named Nissan directors Tsutomu Sawada and Yutaka Suzuki as senior vice presidents of Renault.

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