European car sales rise 15% in July, EVs up nearly 61% European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, data … Business • 30 Aug
Cedar to take over Renault distribution business here Cedar is set to take over the distribution business of Renault Group in Ireland. Business • 11 Aug
Renault returns to net profit in first half of 2023 French car maker Renault has today posted an operating margin of 7.6% for the first half year, its highest ever and already close to its … Business • 27 Jul
Nissan Q1 net profit more than doubles on weaker yen Nissan said today that its net profit more than doubled in the three months to June, as a weaker yen and improving sales in Japan … Business • 26 Jul
Renault H1 brand sales up 11%, new deal with Geely French automaker Renault has said worldwide sales of its flagship brand rose 11% in the first half of the year to 770,807 units, extending a … Business • 11 Jul
Renault raises 2023 outlook after success of new cars Renault has today raised its financial outlook for full-year 2023 following the success of its new launches, in particular of SUV Austral and Dacia Jogger … Business • 29 Jun
Renault revenues rise 30% in Q1 on higher sales, prices French car maker Renault said today its revenues had grown by 30% in the first quarter thanks to a rebound in sales and higher prices. Business • 20 Apr
Nissan and Renault to make six new models in India Nissan and Renault said today they would invest $600m to make six new models in India, one of three markets in which the two automakers … Business • 13 Feb
Renault to reduce stake in Nissan, rebalancing alliance French automaker Renault will cut its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the … Business • 30 Jan
Renault group sales slow down by 5.9% in 2022 Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline after capacity constraints and supply chain snags, the … Business • 18 Jan
Nissan ups profit forecast despite Renault uncertainty Japan's Nissan has today lifted its full-year profit forecast, buoyed by higher-margin sales and a weaker yen. Business • 09 Nov 22
Renault to list electric car unit on stock market French automaker Renault announced a major reorganisation today, splitting its operations into a new electric vehicle unit and a separate internal combustion engine division with … Business • 08 Nov 22
Nissan says talks with Renault focused on EV investment Nissan's talks with Renault are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners, the Japanese automaker's CEO told … Business • 04 Nov 22
Renault says price hikes help sales grow in Q3 Renault said today its sales rose to €9.8 billion in the third quarter as price increases allowed the French carmaker to more than offset a … Business • 21 Oct 22
Renault and Nissan confirm talks over alliance future French carmaker Renault and its partner Nissan said they were in talks about the future of their alliance that include consideration by the Japanese automaker … Business • 10 Oct 22
Russia's AvtoVAZ says Lada sales up 75% in August Russian automaker AvtoVAZ said today that sales of new cars rose sharply in August as the industry continues to grapple with the fallout of Russia's … Business • 02 Sep 22
Renault first-half sales volume slumps 30% French carmaker Renault has reported a plunge in its vehicle sales in the first half of 2022 after shutting down activities in Russia, its second-biggest … Business • 12 Jul 22
Renault sells its stake in Russia's Avtovaz Renault will sell its majority stake in carmaker Avtovaz to a Russian science institute, the French carmaker said today, adding that the deal included a … Business • 16 May 22
Renault counts on new Mobiliz brand to boost finances French carmaker Renault said it was targeting a double-digit margin for its new Mobilize brand, which proposes new solutions around mobility and data. Business • 10 May 22
Nissan shares slide on report of Renault stake cut Shares of Nissan slumped 5% today, their biggest fall in more than a month, following a report that top shareholder Renault may consider lowering its … Business • 25 Apr 22
France issues international arrest warrant for Ghosn France has issued an international arrest warrant for Carlos Ghosn, the disgraced car tycoon who jumped bail in Japan and fled to Lebanon in a … Business • 22 Apr 22
Renault Q1 sales dented by Ukraine conflict Renault, the Western carmaker most exposed to the Russian market, posted lower first-quarter revenues due to the war in Ukraine and a semiconductor shortage, partially … Business • 22 Apr 22
Renault suspends Moscow plant, adjusts 2022 outlook Renault, the Western carmaker most exposed to the Russian market, said it would suspend operations at its plant in Moscow while it assesses options on … Business • 24 Mar 22
Russian car maker Avtovaz partially halts production Top Russian carmaker Avtovaz said today it was partially halting production at its plants in Togliatti and Izhevsk on March 21-25 because of shortages of … Business • 21 Mar 22
Renault posts first annual profit in three years Renault has today reported its first annual profit in three years and said finance chief Clotilde Delbos would move to lead its car sharing and … Business • 18 Feb 22