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Renault

Workers at a car parts plant in central France say they will destroy the factory if their demands for compensation over job losses are not met by the end of the month.
Renault Nissan Automotive India Private Limited (RNAIPL) today hosted the ground breaking ceremony for its new passenger vehicle plant in Chennai, India, expected to begin operations in 2010. The facility will have an annual production capacity of 400,000 and will produce vehicles for export and the local market for both Renault and Nissan. A 50:50 ...
The Renault group sold 638,554 PC and LCVs in first-quarter 2008, for an increase of 6.5% on first-quarter 2007. Renault brand sales were up 4.7%, Dacia sales increased by 37% and Renault Samsung Motors decreased by 9%. “The Group has grown its sales as forecast, with the launch of four new models in the first two ...
Renault is celebrating the return of Fernando Alonso and the success of Renault Mégane with an international advertising campaign • Fernando Alonso chose Renault Mégane F1 Team for its top-level reliability and outstanding performance, comparable to a Formula One car • With more than 13,000 units sold in ...
s it celebrates its seventh anniversary, RNPO expands its scope and will cover 90% of the Alliance purchasing turnover. RNPO purchases will reach EUR60 billion (USD94.7 billion and JPY9.4 trillion) in 2008 compared to EUR58 billion (USD91.5 billion and JPY9.1 trillion) in 2007. From April 1, 2008, the Renault-Nissan Purchasing Organization expands its activities to ...
Renault-Nissan and Project Better Place pursue their strategy of zero-emission vehicles in Denmark The Renault-Nissan Alliance actively supports the initiative of Project Better Place which announced today its second deployment in Denmark. Renault will provide Danish customers with 100% electric vehicles at European standards in 2011, providing zero emission mobility while at the same time offering ...
French carmaker Renault SA said Friday that vehicle sales rose 2.2 per cent last year and predicted growth of at least 10 per cent in 2008 as the company's turnaround strategy gathers pace. The return to growth last year follows a 4 per cent contraction in 2006 as a lack of fresh models kept ...
Two-time Formula One world champion Fernando Alonso is heading back to Renault on a two-year contract. The 26-year-old Spaniard announced his return to the French team Monday after a turbulent season at McLaren. At Renault in 2005, Alonso became the youngest driver in F1 history to win the title. He repeated in 2006. ``I am delighted ...
Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying. OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA. Avtovaz President Sergei Chemezov will present the project to Renault Chief ...
Mecachrome International Inc. (TSX:MCH) has won a contract renewal for the manufacture and assembly of Formula One engines developed by Renault Sport. The contract is for three years, running until the end of the 2010 season, Montreal-baed Mecachrome said Thursday. Financial details were not disclosed. ``Renault Sport and Mecachrome have been collaborating for many years in the ...
Renault Samsung Motors Corp. said Monday its first sport utility vehicle, the QM5, will help drive up its global sales to 200,000 vehicles next year. ``We expect total sales will be strongly supported by exports of the QM5, our first-ever SUV model across the Renault Group,'' Park Soo-hong, senior executive managing director of Renault Samsung's sales ...
French, Italian and Japanese car manufacturers made the most environmentally friendly automobiles for sale in Europe last year, a study released Thursday said. The report, by an independent European group campaigning for cleaner modes of transport, said France's PSA Peugeot Citroen SA sold the lowest carbon dioxide-emitting fleet of cars in 2006. The company's cars emitted ...
MILAN, Italy (AP-CP) _ Fiat is forming a joint venture with Russia's Severstal Auto to build and sell Fiat brand cars and commercial vehicles in Russia. The deal was announced on the sidelines of the Frankfurt Auto Show where officials of the French car makers PSA Peugeot-Citroen and Renault SA said Tuesday they are considering ...
LONDON (AP) _ Renault is set to appoint Bernard Rey as president of its Formula One team following the departure of Alain Dassas. Rey, a senior vice-president with Renault's chief executive office, has been nominated to the role with the world champion team because Dassas has been appointed chief financial officer of Nissan. Rey, who ...
PARIS (AP) _ Renault SA is counting on the success of its new Laguna upscale sedan to help turn around the French carmaker's fortunes, deputy Chief Executive Patrick Pelata told Le Monde on Wednesday. Renault unveiled the specifications of its new Laguna III _ which goes on sale Oct. 12 _ on Tuesday. The replacement ...
PARIS (AP) _ French carmaker Renault SA said Wednesday that its first-half earnings fell 20 per cent as car sales in Europe dropped and exports were hurt by the strong euro. Chief executive Carlos Ghosn is trying to turn around Renault and sister company Nissan Motor Co. with the launch of new models. Net profit ...
PARIS (AP) _ Renault SA is considering creating a cheaper version of its no-frills Logan sedan that would reportedly be sold for about $3,000 in India and other emerging markets. ``We're thinking about a car that's more competitive than the Logan,'' Renault spokeswoman Axelle de Ladonchamps said Thursday. Labour unions will be the first to ...
PARIS (AP) _ French automaker Renault said vehicle sales slipped 4.2 per cent in May from a year earlier to 214,358 amid competition from Asian brands and an older product lineup. Renault is hoping the launch of new and updated models in the second half of this year will arrest the slide and bolster ...
PARIS (AP) _ Renault SA shares rose Tuesday after chief executive Carlos Ghosn said in a newspaper interview that he expects sales to rise ``continuously'' starting in September as the company introduces new models. Ghosn foresees a ``revival'' in the French auto market, he said in Le Parisien on Tuesday. Next year and 2009 ``should ...
STOCKHOLM (AP) _ Swedish bus and truck maker AB Volvo said Tuesday it will invest 530 million kronor (US$76.3 million) in a French plant of subsidiary Renault Trucks to increase assembly and painting capacity. Renault Trucks' cab plant in Blainville produces cabs for all of its truck models. The changes ...
NEW DELHI (AP) _ France's Renault SA on Tuesday introduced its low-cost Logan sedan in India through a joint venture with local automaker Mahindra & Mahindra, boosting competition in the fast growing Indian car market. The base model of the gasoline-powered version of Logan will cost 428,000 rupees (US$9,700) in ...
General Motors toughened its public stance on proposals that the U.S. carmaker join an alliance with Renault and its sister company, Nissan, adding to uncertainties weighing on the industry as the Paris Motor Show opens its doors Thursday. For the first time, Detroit-based GM said clearly that it was unhappy ...
Discussions about a possible alliance of General Motors, Renault SA and Nissan Motor Co. have found a number of areas in which the automakers could usefully collaborate, a Renault executive said, according to a published report. GM chief executive Rick Wagoner and Renault-Nissan chief Carlos Ghosn have met several times ...
Nelson Piquet Jr. will conduct testing for Renault's Formula One car next week for the first time. The 21-year-old son of former three-time F1 champion Nelson Piquet was signed last week as one of Renault's two test drivers for next season. He'll test the R26 car at the Silverstone circuit ...
Renault will supply engines to the Red Bull Formula One group for the next two seasons. Renault said Friday it had not been decided which team would use the engines for next season, with Red Bull GmbH owning the Red Bull Racing and Scuderia Toro Rosso teams. ``It is positive ...
Renault SA and Nissan Motor Corp. are appointing advisers for their talks about expanding their alliance to include U.S. carmaker General Motors Corp. (NYSE:GM), the chief executive of both Renault and Nissan said Wednesday. The CEO, Carlos Ghosn, had said last week that talks with GM chief executive Rick Wagoner ...
PARIS (AP) _ French carmaker Renault SA said Friday it has agreed with Volvo Cars, a subsidiary of Ford Motor Co. (NYSE:F), to not renew a distribution agreement when it expires at the end of next year. Starting Jan. 1, 2008, Renault will establish its own subsidiary to distribute its vehicles and spare parts and ...
A facelift for Renauls Scénic and Grand Scénic and five-seat Grand Scénic unveiled. To make sure it meets the needs of every one of its customers, Renault is to introduce an exclusive triple offering in the compact MPV segment: five-seat New Scénic and Grand Scénic, plus seven-seat Grand ...
PARIS (AP) _ Renault SA's chairman said the French automaker, which posted a 36 per cent fall in first-half net profit Thursday, was performing far below its potential. ``I consider 2006 an empty year,'' Carlos Ghosn was quoted as saying in an interview published Friday in the French financial daily, ...
PARIS (AP) _ The board of Renault SA on Monday approved opening talks with General Motors Corp. over a possible new alliance with the French automaker and Nissan Motor Co. if the U.S. company wants the discussions, Renault said. ``The Board of Directors approved the position proposed by Carlos Ghosn: Exploratory discussions with General Motors ...
The board of the Japanese automaker Nissan agreed today to open talks with General Motors on a possible alliance. Major G-M shareholder Kirk Kerkorian proposed last week that the troubled American carmaker join the Nissan-Renault alliance. Nissan says it will talk with G-M if G-M endorses Kerkorian's proposal. G-M says it's taking Kerkorian's plan under advisement. In ...

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