Renault SA RNO

As part of the Renault-Nissan alliance, Renault owns 43.4% of fellow auto manufacturer Nissan NSANY, while Nissan owns roughly 15% of Renault. The alliance is structured as a partnership, with each company operating as an individual entity. Combined, the alliance stands as one of the largest global automakers. The companies benefit from increased scale, purchasing power, and the ability to share vehicle technology and platforms. To this point, the alliance created joint ventures that consolidate the purchasing operations and information services of both companies. The companies also share a task force, which has streamlined the supply channel through improvements in combined logistics. Carlos Ghosn serves as CEO of both companies, ensuring that strategies are implemented consistently throughout the alliance, thereby maximizing synergies.