Motherson Sumi, Apollo Tyres and Tata Motors to be among the worst affected because of high exposure
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
Jean-Dominique Senard said that reports Nissan is mulling plans for a possible break-away had "no connection to the current situation of the alliance"
Carlos Ghosn's bail has already been cancelled and that an Interpol "red notice" had been issued, says Japan in first comment after fallen auto titan's escape.
The two were the worst-performing carmakers on the Bloomberg World Auto Manufacturers Index in 2019, falling 23% and 28%.
Production at Renault Nissan Alliance up by 15 % on the back of rising exports
Ashwani Gupta has worked with Renault, Nissan and Mitsubishi alliances for more than a decade
Union had sought 20% bonus without ceiling and Rs 25,000 ex-gratia for FY19. Last year, bonus was 20% and Rs 10,000 ex-gratia
The union is expecting to negotiate further to arrive at a final bonus amount, said sources
(Reuters) - Carmakers Nissan Motor Co <7201.T> and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault's merger talks with Italy's Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the talks.
Together with their third alliance partner Mitsubishi, Renault and Nissan make up the world's top-selling automobile group
The move by Renault, which is Nissan's largest shareholder, is likely to further strain ties between the two firms after the shock arrest of former boss Carlos Ghosn
The implosion of Renault's merger plans with Fiat Chrysler Automobiles NV has brought the French and Japanese automakers' tensions out into the open
Ghosn walked out of a local jail Wednesday after more than 100 days of detention following an unexpected decision from the Tokyo District Court
Nissan and Mitsubishi Motors swiftly removed Ghosn from his leadership positions after his arrest
Le Maire made the demand after France's CGT trade Union voiced concerns over payments made to certain high-ranking executives via the alliance's Renault-Nissan BV Dutch venture
PARIS/TOKYO (Reuters) - Executives from both carmakers in the Renault-Nissan alliance <7201.T> looked at least twice at legal ways to pay Chairman Carlos Ghosn undisclosed income through the partners' shared finances, documents seen by Reuters show.
Macron and Abe met just hours after Japanese prosecutors extended the detention of Ghosn by up to 10 days
According to a settlement between the firm and RNITS, the company should discuss with the union before taking a call on any such separation or retirement schemes, the employees argue
The counsels for both sides informed the Madras High Court that they are involved in settlement talks and are likely to settle it outside court