Renault capital hit from partial Nissan stake sale lower than initial estimate
PARIS (Reuters) – The capital loss resulting from Renault’s disposal of a first chunk of its stake in Nissan will amount to around 1 billion euros ($1.08 billion) after the transaction was…
Renault, Nissan clear calendar for potential Dec deal -sources
By Maki Shiraki, Gilles Guillaume and Norihiko Shirouzu TOKYO/PARIS/BEIJING (Reuters) – Renault and Nissan have readied plans to announce a potential deal on a restructured alliance as early as next month in…
Renault chairman says confident of reaching deal with Nissan on future of alliance
PARIS (Reuters) – Renault’s chairman on Tuesday told Reuters on Tuesday he was “confident” the French carmaker will reach an agreement with its Japanese partner Nissan on the future of their alliance.…
Nissan, Renault relationship should be ‘more equal’ Renault CEO tells Nikkei
TOKYO (Reuters) -The relationship between Japan’s Nissan Motor Co and top shareholder Renault SA should be “more equal”, the Nikkei newspaper quoted the French automaker’s chief executive as saying. “This is not…
France: keen that Renault keeps industrial and technological advantages in Nissan alliance
PARIS (Reuters) – French Finance Minister Bruno Le Maire said he would hold further talks with Renault chief executive Luca de Meo regarding Renault’s alliance with Nissan and that France was keen…
Renault CEO: problems remain regarding supplies of semiconductor chips
PARIS (Reuters) – Renault and other carmakers are still facing problems regarding the global shortage of semiconductor chips needed in the car industry, Renault Chief Executive Luca de Meo told the Paris…
From boom to bottom: Renault, Nissan in talks that could reshape alliance
PARIS (Reuters) – French carmaker Renault and its Japanese partner Nissan said on Monday they were in talks about the future of their alliance, confirming media reports over the weekend. The partnership…
Renault plans network of EV charging stations along European motorways
By Gilles Guillaume PARIS (Reuters) – Renault plans to build a network of charging stations for electric cars along motorways across Europe, the French carmaker’s e-mobility services unit said on Monday. The…
Renault boss de Meo quits Telecom Italia’s board of directors
MILAN (Reuters) – Telecom Italia (TIM) said on Tuesday that Renault boss Luca de Meo had resigned as director at Italy’s biggest phone company to focus on the turnaround plan of the…
Renault offered over 1,000 euro one-off payments to most workers to cope with inflation – unions
PARIS (Reuters) – French car maker Renault has offered over 1,000 euros in one-off payments to a majority of its workers to help them cope with inflation, union sources told Reuters. The…
Stellantis and Renault halt Spanish assembly lines as chip shortage persists
MADRID (Reuters) – Carmakers Stellantis and Renault will partly halt their Spanish plants in the coming days and weeks as the lack of microchips persists, two union representatives told Reuters on Friday.…
Nissan to cease producing cylinder heads for Renault from 2024
PARIS (Reuters) – Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in Sunderland, northern England, from early 2024, adding it did not expect…
Vitesco, Renault to partner on powertrain box
BERLIN – Renault and Vitesco Technologies have signed a partnership to produce an electronic unit combining a converter, inverter and on-board charger in electric and hybrid powertrains into a single box, Vitesco…
Russia’s Avtovaz names ex-transport minister as CEO after Renault exit
(Reuters) – Russia’s top carmaker Avtovaz said on Monday it had appointed former transport minister Maxim Sokolov as its new president and CEO after its main shareholder Renault withdrew from the Russian…
Renault boss Luca de Meo could return to Japan in June – source
(Reuters) – The head of French carmaker Renault could return to Japan in June for the second time in two months, a source close to the matter told Reuters, a sign of…
Renault unveils hydrogen-powered prototype SUV in race to cleaner driving
PARIS – Renault unveiled on Thursday a prototype hydrogen fuel cell-powered sports utility vehicle (SUV), as the French carmaker scrambles to catch up with rivals in the race to cleaner driving. Renault…
Renault expects first hydrogen utility sales in Germany and Netherlands soon, executive says
PARIS – Renault hopes to receive first orders for its hydrogen-powered minibuses and vans from the Netherlands and Germany soon, the head of the company’s light commercial vehicles department told Reuters, as…
Renault silent after media report about transfer of Avtovaz stake
PARIS – A spokesperson for French carmaker Renault declined to comment on Wednesday on a report by Russia’s Interfax saying it would transfer its majority stake in carmaker Avtovaz to a Russian…
Renault considering shifting production of Alpine A110 successor to UK -La Tribune
PARIS -French car marker Renault is considering shifting production of the successor to its Alpine A110 model to Britain, news website La Tribune reported. La Tribune reported that Renault is considering to…
France’s Macron says up to Renault whether it stays in Russia
BRUSSELS – President Emmanuel Macron said on Thursday he respected French automaker Renault’s decision to suspend its Moscow factory and said it was up to companies to decide whether they wanted to…
Russia says it will decide on future use of Moscow’s Renault plant next week
– Russian authorities will decide how to use Renault’s plant in Moscow by the end of next week, the Ministry of Industry and Trade said on Thursday, after the carmaker announced it…
Renault resumes production at Moscow plant
– French carmaker Renault resumed production at its Moscow plant on Monday, a company spokesperson told Reuters. Renault suspended operations at its car assembly plant in Moscow in late February, saying at…
Renault takes wraps off new Austral SUV with ‘Alpine’ finish
AUBERVILLIERS, France – French carmaker Renault unwrapped its new Austral SUV on Tuesday, marking its latest effort to compete in the compact car segment while moving upmarket with a top-of-the-range “Alpine” marque…
Former boss Ghosn says Nissan’s lack of vision is hurting Renault
By Satoshi Sugiyama TOKYO – Former Nissan Motor chairman Carlos Ghosn, who was ousted from the company following his arrest in Japan, said on Thursday that its alliance partner Renault SA is…
SocGen and Renault shares slump after sanctions on Russia
PARIS – Shares in Societe Generale, the French bank that owns Russia’s Rosbank, and carmaker Renault slumped on Monday after Western nations imposed sanctions on Russia after its attack on Ukraine. SocGen…
Renault and U.S. carmaker Rivian back moratorium on deep-sea mining
By Helen Reid JOHANNESBURG – France’s Renault and U.S. carmaker Rivian have backed a moratorium on deep-sea mining and will exclude seabed metals from their supply chains in a blow to an…
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