Author: L'Usine Nouvelle

The Clermont group has posted a net profit of 1.7 billion euros, new historical high and higher than the consensus Inquiry Financial for Thomson Reuters, which gave 1.665 billion. On the other hand, net sales (+ 5% to 21.960 billion) and operating profit on current activities (+ 1.9% to 2.742 billion) are lower than the… Continue reading Rising tire prices are driving Michelin’s good results in 2017

Renault “becomes a partner of the E-VIA FLEX-E consortium, the first high-power charging network for electric vehicles in southern Europe,” the group said in a statement. This network, equipped with high-power charging stations (between 150 and 350 KW), reduces the charging time of electric vehicles. It is adapted to the needs of drivers traveling long… Continue reading The Renault Group joins the E-Via Flex-E project to develop the installation of charging stations

Porsche plans to double to more than 6 billion euros by 2022 investments in electric or hybrid vehicles. And the sports car manufacturer owned by Volkswagen, Increase its production capacity of its electric model Mission E in excess of 20,000 units per yeartold Reuters a member of the supervisory board, Detlev von Platen. The commercialization… Continue reading Porsche wants to double investments in electric and hybrid vehicles

BEIJING (Reuters) – Nissan Motor plans to invest 60 billion yuan (7.65 billion euros) in China over the next five years with its local partner, with the goal of moving to the top three main players in the world’s largest car market. For a long time confined to the background in China, Nissan and Dongfeng… Continue reading Nissan will invest 7.65 billion euros in China

PSA does not exclude investing in other funds specializing in start-ups to accelerate its innovation watch, in the mode of investment made in late 2016 in the private equity fund Idinvest Partners. At the end of 2016, PSA invested in the private equity fund Idinvest Parteners. Always looking for innovative companies, the manufacturer does not… Continue reading PSA does not exclude investing in other start-up funds to accelerate its innovation watch

Renault’s board of directors will propose on February 15 the renewal of the mandate of Carlos Ghosn’s CEO to negotiate a new scheme with Nissan and Mitsubishi partners and will appoint a number two chosen internally, writes Thursday evening Le Figaro. The renewal of the mandate of Carlos Ghosn should be proposed by the Board… Continue reading Carlos Ghosn should stay at Renault

Daimler, Porsche or Bosch: employees of these German companies are preparing to disengage several times in the coming days in support of claims on wages and working time. 24-hour walkouts will follow each other from Tuesday evening until Friday, warned Tuesday, January 30 IG Metall. These walkouts were approved massively by […]Read the article

“We see good opportunities for us,” says Michael Lohscheller, chairman of the board of directors.Opel, about the prospects of the brand in Africa. Now in the lap of PSA Peugeot CitroënOpel plans to start exporting cars to Tunisia and Morocco from its European plants, says Michael Lohscheller in an interview that will be published Monday,… Continue reading Opel will export cars to Morocco and Tunisia – L’Usine Auto