LONDON -- Nissan’s Renault-built replacement for the Micra small car is a perfect example of how the automakers' alliance will operate going forward, the companies said.
The Micra replacement will be developed and built by Renault and share 80 percent of parts with the coming full-electric Renault 5, Renault CEO Luca de Meo said at an event on Monday to announce plans to reboot the alliance between the automakers.
The new alliance structure was reached knowing that both sides would benefit, de Meo said. This was not the case with the production of the outgoing Micra at Renault's factory in Flins, France, which was “forced on” Nissan, he said.
“It was not a very successful project,” de Meo said. “The cost, the car itself, the whole thing was not good. It came about because Nissan was forced to do something they didn’t want.”
Micra production was moved to the Flins factory from India to improve Renault's capacity utilization in France.
The Micra replacement will give Nissan a cost-effective entry into the small EV segment, de Meo said. “It’s a very competitive proposal. We didn’t force Nissan to do anything; it was their choice,” he said.