News 13 june — 15:49

Renault-Nissan-Mitsubishi alliance says on track for cost savings goal


Annual synergies in the Renault-Nissan-Mitsubishi alliance reached 5.7 billion euros (5 billion pounds) in 2017, up 14 percent from a year earlier, the companies said on Wednesday, adding they were on track to meet 2022 cost savings targets, Euronews reports.

In a statement, the members of the alliance confirmed a goal to hit more than 10 billion euros in synergies by the end of 2022.

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