Alliance announces country plan to increase production, scale up research and shift to carbon-neutral manufacturing
The two will produce six new vehicles in the South Asian nations- including two electric cars - for domestic and international customers
Nissan and Renault have unveiled the details of a major shake-up of their often strained 24-year-old alliance, the media reported.
Automaker Renault on Thursday said it has upgraded its entire product range conforming to the upcoming stricter emission norms in the country. The company's entire range, including Kiger, Triber and Kwid, will meet the second phase of BS VI emission norms which will kick-in from April 1 this year. With the implementation of the second phase of BS VI norms, all company cars will be equipped with a self-diagnostic device, the automaker said. The device will constantly monitor the vehicle's emission levels while driving, along with other critical emission devices such as the catalytic converter and oxygen sensors, it added. "The launch of new BS VI Step 2 compliant petrol engines across the range will ensure substantial reduction in emissions, thus contributing to a safer and cleaner environment," Renault India Operations Country CEO and Managing Director Venkatram Mamillapalle noted. The company has also added extra safety features in the product line up, he added. "Safety is of ..
Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters
Kia is one of the few unlisted global carmakers in India that saw a contraction in profits
Renault said it targeted operating margins of 8 per cent for 2025 and rising to more than 10 per cent in 2030, from 5 per cent expected this year
The companies will develop a set of onboard and offboard software components that are dedicated to the SDV and will grow synergies and use cases related to the group's "Move to Cloud'' strategy
While both sides appeared near a final agreement two weeks ago, Nissan's board and management have recently expressed concern over Renault's plans for the intellectual property
Executives have discussed Renault's carve-out plan and reshaping the pair's two decade-old alliance since February during meetings in France and Japan.
Asks French firm to cut stake to 15%
Without naming a prospective Russian buyer, McDonald's said on Monday that it would seek one to hire its workers and pay them until the sale closes.
Warrants targeting Ghosn concerns a wide spectrum of allegations ranging from his interactions with Omani car distributor to corporate spending on various events and trips that may have been personal
Automaker Renault India on Monday said it has opened 300 booking centres across the country in collaboration with CSC Grameen e-Stores
It is the company's third model to be launched in India first, before it is taken globally
French automaker Renault on Tuesday resumed production in Moscow after it suspended production due to a disruption in logistics in late February."On March 22, the company decided to resume operations in the country. Renault is the majority owner of AvtoVaz, Russia's largest car manufacturer famous for the Lada brand," tweeted The Kyiv Independent.Following the February 24 special operations by Russia in Ukraine, many automakers including, Jaguar Land Rover, Ford and Volvo have stopped shipments to Russia, "considering the potential risks associated with trading material with Russia, including the sanctions imposed by the EU and US."It's been nearly a month since Russia launched its invasion of Ukraine, deploying tens of thousands of troops into an offensive against its neighbour from three sides.As per the Armed Forces of Ukraine indicative estimates of Russia's losses on Tuesday, Moscow has lost approximately 15,300 troops, 99 planes, 123 helicopters, 509 tanks, 252 artillery pieces .
To mark the milestone, Renault India has also launched a limited edition of the Triber priced at Rs 7.24 lakh
The French carmaker reported a group share of net profit of 888 million euros ($1.0 billion), beating expectations from the analysts polled by Refinitiv
To survive in a world where the likes of Ford, Renault or Stellantis can make hundreds of thousands of vans a year, superior software or technology could make all the difference for new entrants
French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite the challenges faced by the industry owing to the pandemic and supply constraints, 2021 proved to be a remarkable year for Renault. India's contribution to the Renault brand's global sales has been significant, with the country among its top five global markets, the company said in a statement. "We are extremely delighted to have crossed the 8 lakh sales milestone in India. This has been a phenomenal journey. Over the last few years, we have established a strong foundation in India. "Together with a strong product strategy, Renault has been continuously undertaking strategic measures across all key business dimensions to offer a seamless brand ownership experience to its customers. All these have scripted Renault's growth story in India, said Venkatram Mamillapalle, Country CEO & Managing Director, ...