Nissan mulls taking up to 15% stake in Renault’s planned EV unit: report TOKYO: Japan’s Nissan Motor Co is considering investing up to a 15% stake in Renault SA’s planned electric vehicle... Published 27 Oct, 2022 04:46pm
Business & Finance Technology-sharing a sticking point as Renault, Nissan hash out reset PARIS/TOKYO: The sharing of technology has emerged as a sticking point between Renault SA and Nissan Motor Co Ltd as... Published 24 Oct, 2022 06:15am
Business & Finance Renault says price hikes help sales grow in Q3, confirms outlook PARIS: Renault on Friday said its sales rose to 9.8 billion euros ($9.57 billion) in the third quarter, in line with... Published 21 Oct, 2022 11:14am
Business & Finance Renault CEO tours Korea unit run with Geely amid strategy reset Renault Chief Executive Luca De Meo toured a South Korean factory run with China’s Geely Automobile on Tuesday, as... Published 11 Oct, 2022 12:29pm
Business & Finance Nissan pushes partner Renault to sell down stake, may raise funds Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as... Published 10 Oct, 2022 11:21am
Business & Finance Nissan pushes partner Renault to sell down stake, may raise funds Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as... Published 09 Oct, 2022 11:03am
Business & Finance Aramco may take stake in Renault’s future thermal engine business PARIS: Saudi Aramco could take a stake in the future thermal engine business that Renault plans to separate from its... Published 01 Sep, 2022 05:53pm
Business & Finance Nissan to cease producing cylinder heads for Renault from 2024 PARIS: Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in... Published 23 Aug, 2022 10:14pm
Business & Finance Sell few, make more: luxury companies' strategy paying off amid economic downturn Wealthier consumers' savings are still being eroded by inflation, but they currently seem focused on enjoying the freedoms that have returned with the easing of COVID-19 restrictions Published 30 Jul, 2022 04:52pm
Business & Finance Renault first-half sales volume slumps 30% after Russia exit French carmaker Renault said car sales plunged 30% in the first half of 2022 after shutting down activities in... Published 12 Jul, 2022 12:35pm
Business & Finance Renault to invest $377mn in Brazil SAO PAULO: French carmaker Renault SA said it will invest 2 billion reais ($377.12 million) in Brazil for the... Published 01 Jul, 2022 06:57pm
Business & Finance Renault limited to 44.4% stake in Nissan under agreement, filing shows TOKYO: Nissan Motor Co Ltd on Thursday gave some details of its two-decade-old alliance agreement with top... Published 30 Jun, 2022 09:40am
Business & Finance Nissan shareholders reject proposal to designate Renault as parent TOKYO: Japan’s Nissan Motor Co Ltd on Tuesday rejected a shareholder proposal at its annual general meeting (AGM)... Published 28 Jun, 2022 12:30pm
Business & Finance Renault and Nissan face legal action in France over motor problems PARIS: Renault and Nissan faced legal action in France from customers who had suffered problems with some of their... Published 21 Jun, 2022 06:26pm
Business & Finance Renault sells stake in Russia’s Avtovaz, with buyback option Renault will sell its majority stake in carmaker Avtovaz to a Russian science institute, the French carmaker said on... Published 16 May, 2022 11:30am
Business & Finance Renault sees a double digit margin for its Mobilize brand in 2027 PARIS: French carmaker Renault targets a double-digit margin for its new Mobilize brand, which proposes new... Published 10 May, 2022 10:36am
Business & Finance IKEA stores owner Ingka to pay Russia staff through August STOCKHOLM: IKEA stores owner Ingka Group has extended the period it will pay around 12,000 staff in Russia by three... Published 09 May, 2022 05:39am
Business & Finance Nissan shares fall 4% after report Renault exploring stake sale TOKYO: Shares of Nissan Motor Co Ltd dropped 4% in early trade on Monday, following a report that top shareholder... Published 25 Apr, 2022 10:10am
Opinion Auto industry: the deletion programme The automotive industry in Pakistan is one of the fastest-growing industries in the country. It provides job... Published 12 Mar, 2022 04:08am
Business & Finance Renault swings back to profit after two years of losses PARIS: Renault said on Friday it returned back to the black in 2021, beating expectations and reversing out of two... Published 18 Feb, 2022 11:35am
Markets Renault and US carmaker Rivian back moratorium on deep-sea mining JOHANNESBURG: France's Renault and US carmaker Rivian have backed a moratorium on deep-sea mining and will exclude... Published 11 Feb, 2022 05:53pm
Business & Finance Renault says it backs moratorium on deep-sea mining JOHANNESBURG: French automaker Renault SA has backed a moratorium on deep-sea mining, the company told Reuters on... Published 11 Feb, 2022 04:31am
Business & Finance Renault, partners to make new-gen automotive electric motor in France PARIS: Carmaker Renault and its partners Valeo and Valeo Siemens eAutomotive announced plans on Thursday to develop... Published 10 Feb, 2022 12:05pm
Business & Finance Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week TOKYO: Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop... Published 24 Jan, 2022 06:50am
Business & Finance Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric... Published 23 Jan, 2022 08:06pm
Business & Finance Geely, Renault formally agree on cooperation in South Korea BEIJING: China's Geely Holding and France's Renault have formally agreed a deal to jointly design and produce... Published 21 Jan, 2022 02:21pm
Business & Finance Renault's higher-value brands focus pays off in 2021 PARIS: A solid performance by Renault's higher-value brands helped soften an overall drop in annual worldwide group... Published 17 Jan, 2022 03:54pm
Markets Renault ‘relatively confident’ for 2022 despite some chip supply worries GUYANCOURT(France): Renault is "relatively confident" about its business year but still sees some problems over ... Published 13 Jan, 2022 06:22pm
Markets Geely, Renault to soon announce hybrid-focused auto JV for Asia BEIJING: Geely Holding and France's Renault are likely to soon announce a deal to jointly produce the Chinese... Published 21 Dec, 2021 11:59am
Business & Finance Renault plans fewer job cuts in France than initially planned PARIS: French carmaker Renault has concluded its talks with labour unions, business daily Les Echos reported on... Published 06 Dec, 2021 12:57pm