We’ve all been wondering how the auto industry is going to come back from the global pandemic that was the coronavirus. With the economy struggling to get back up and many auto manufacturers skittish about what the future holds, there are several automakers hitting the ground running. Three of these automakers belong to the Renault-Nissan-Mitsubishi Alliance, and after a recent news conference, we’re now learning about the new plans the Alliance has to bounce back. It all comes down to a new strategy, a type of “Follow the Leader” agenda.
Initially, when Renault-Nissan added Mitsubishi Motors to the Alliance, the plan was to stay the course. The new Alliance would consist of three automotive brands, but each automaker continued to act as a competitor. At the same time, platforms and technologies were to be developed that could be shared across the three automakers, and some vehicles would even be rebadged. After the effects of the Coronavirus thrashing the automotive industry, many automakers are searching for ways to pick up themselves, but Renault, Nissan, and Mitsubishi Motors are leaning into their counterparts for support.