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 plan to coordinate closely in a revamped alliance announced last week. Business • 13 Feb 23
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 plan to coordinate closely in a revamped alliance announced last week. Business • 13 Feb 23
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 firms said today. Business • 30 Jan 23
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 firms said today. Business • 30 Jan 23
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 company said today. Business • 18 Jan 23
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 company said today. Business • 18 Jan 23
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
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 China's Geely. Business • 08 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 China's Geely. 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 Reuters today. Business • 04 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 Reuters today. 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 fall in the number of cars sold from the previous year. Business • 21 Oct 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 fall in the number of cars sold from the previous year. 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 of investing in a new Renault electric-vehicle venture. Business • 10 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 of investing in a new Renault electric-vehicle venture. 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 invasion of Ukraine. Business • 02 Sep 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 invasion of Ukraine. 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 market, in the wake of the invasion of Ukraine. Business • 12 Jul 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 market, in the wake of the invasion of Ukraine. 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 six-year option to buy back the stake. Business • 16 May 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 six-year option to buy back the stake. 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
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 stake in the Japanese automaker. Business • 25 Apr 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 stake in the Japanese automaker. 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 sensational getaway, prosecutors told AFP today. Business • 22 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 sensational getaway, prosecutors told AFP today. 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 offset by higher prices and rising electric vehicle (EV) sales. 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 offset by higher prices and rising electric vehicle (EV) sales. 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 its majority stake in Avtovaz, the country's biggest carmaker. Business • 24 Mar 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 its majority stake in Avtovaz, the country's biggest carmaker. 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 electronic parts. Business • 21 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 electronic parts. 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 data business full time as it steps up the shift to an electric and greener future. Business • 18 Feb 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 data business full time as it steps up the shift to an electric and greener future. Business • 18 Feb 22
Renault, Nissan, Mitsubishi to unveil EV plan this week Renault, Nissan and Mitsubishi plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters. Business • 24 Jan 22
Renault, Nissan, Mitsubishi to unveil EV plan this week Renault, Nissan and Mitsubishi plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters. Business • 24 Jan 22
Renault's higher-value brands focus pays off in 2021 A solid performance by Renault's higher-value brands helped soften an overall drop in annual worldwide group sales at the French carmaker, as its focus on more profitable models pays off. Business • 17 Jan 22
Renault's higher-value brands focus pays off in 2021 A solid performance by Renault's higher-value brands helped soften an overall drop in annual worldwide group sales at the French carmaker, as its focus on more profitable models pays off. Business • 17 Jan 22
Renault Zoe goes from hero to zero in safety rating French carmaker Renault received a blow for its popular Zoe electric model, as the European New Car Assessment Programme (NCAP) gave it a zero-star safety rating in tests that are standards for Europe. Business • 08 Dec 21
Renault Zoe goes from hero to zero in safety rating French carmaker Renault received a blow for its popular Zoe electric model, as the European New Car Assessment Programme (NCAP) gave it a zero-star safety rating in tests that are standards for Europe. Business • 08 Dec 21
Chip crunch hits Renault production more than expected Renault's production losses in 2021 due to a global semiconductor shortage will be far larger than previously forecast, the French carmaker said today, though it maintained its profit outlook helped by higher car prices and cost cuts. Business • 22 Oct 21
Chip crunch hits Renault production more than expected Renault's production losses in 2021 due to a global semiconductor shortage will be far larger than previously forecast, the French carmaker said today, though it maintained its profit outlook helped by higher car prices and cost cuts. Business • 22 Oct 21
Renault reports rise in first-half sales French carmaker Renault has reported a 18.7% increase in first-half vehicle sales. Business • 16 Jul 21
Renault reports rise in first-half sales French carmaker Renault has reported a 18.7% increase in first-half vehicle sales. Business • 16 Jul 21
Renault posts falling revenue amid turnaround effort French carmaker Renault has today reported a fall of 1.1% in first quarter revenue, despite a boost from rising vehicle prices as the group looks to focus on more profitable models under chief executive Luca de Meo. Business • 22 Apr 21
Renault posts falling revenue amid turnaround effort French carmaker Renault has today reported a fall of 1.1% in first quarter revenue, despite a boost from rising vehicle prices as the group looks to focus on more profitable models under chief executive Luca de Meo. Business • 22 Apr 21
Renault expects electric, hybrid car sales to double France's Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, two sources close to the company said, as automakers battle to get ahead in cleaner driving. Business • 18 Mar 21
Renault expects electric, hybrid car sales to double France's Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, two sources close to the company said, as automakers battle to get ahead in cleaner driving. Business • 18 Mar 21
