Renault announced on Thursday that it had reached an agreement with its partner Nissan on the Japanese carmaker’s governance overhaul, paving the way for the French company to back changes decided in the wake of the Carlos Ghosn scandal.The company’s chairman Jean-Dominique Senard will sit on Nissan’s new appointments committee, and CEO Thierry Bollore will sit on the audit committee.Since then Nissan has accused Renault of having too much weight in the alliance, and of keeping it in the dark over its tie-up plans with Fiat Chrysler (FCA).
Tag: FCA
Nissan grants Renault execs boardroom seats, ending dispute
FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Bordeaux, France, June 12, 2019. REUTERS/Regis Duvignau/File Photo TOKYO/PARIS (Reuters) – Japan’s Nissan said on Friday it would grant alliance member Renault’s representatives seats on key committees of its board, ending a dispute between the two automakers.… Continue reading Nissan grants Renault execs boardroom seats, ending dispute
JLR will not be sold to any manufacturer, says CEO
Jaguar Land Rover has given its strongest indication yet that the company will not be sold to Peugeot–Citroen, Fiat–Chrysler, Hyundai–Kia or any other motor manufacturing groups hoping to buy their way into the premium car and luxury SUV markets. Dr Ralph Speth, JLR’s CEO, concedes that his British-based company is currently going through a financially… Continue reading JLR will not be sold to any manufacturer, says CEO
Renault and Nissan partner with Waymo to develop self-driving services
The Renault-Nissan alliance has signed an exclusive deal with Google’s sister company Waymo to develop self-driving services in France and Japan.The tie-up between the car-makers and the autonomous vehicles company will focus on “all aspects” of driverless mobility services for moving people and goods.The deal does not currently extend to working together to build autonomous vehicles – unlike Waymo’s previous tie-ups with Jaguar Land Rover and Chrysler.
Renault will vote to back Nissan’s move to give it boardroom seats
FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Bordeaux, France, June 12, 2019. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – French carmaker Renault, which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favor of a move by Nissan to… Continue reading Renault will vote to back Nissan’s move to give it boardroom seats
Waymo inks driverless car deal with Renault, Nissan to develop autonomous vehicles
Waymo unveils a self-driving Chrysler Pacifica minivan in Detroit, Michigan, U.S. on January 8, 2017.Brendan McDermid | Reuters Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the autonomous car company announced Thursday.
It's the first agreement Waymo has signed to provide its technology and services to automakers working to build their own self-driving cars and services.
Waymo, a subsidiary of Google's parent company Alphabet, is currently testing a small fleet of autonomous vehicles just outside of Phoenix. Those vehicles, which are modified Chrysler Pacifica minivans, are part of Waymo's work to develop autonomous ride-share services. With Renault and Nissan, Waymo's relationship will be more as a provider of technology and services that each automaker will use as they develop their own self-driving vehicles.
“Our Waymo Driver can deliver transformational mobility solutions to safely serve riders and commercial deliveries in France, Japan and other countries,” John Krafcik, CEO of Waymo said in a prepared statement.
Renault and Nissan — which have a close yet strained relationship since the arrest and detention in October of Renault's former CEO Carlos Ghosn, who was also chairman of Nissan — are putting aside their differences when it comes to autonomous vehicles.
The companies said they're creating a joint venture companies to focus exclusively on driverless mobility services.
Thierry Bolloré, CEO of Renault, said in a statement that the deal will put his company, “at the forefront of driverless mobility new business streams in our key strategic markets.”
Hiroto Saikawa, president and CEO of Nissan echoed that confidence.
“Our expertise in the global automotive industry and expertise in strategic partnership will enable us to explore opportunities to grow our portfolio and deliver new value to customers with Waymo, the recognized leader in this space,” he said.
Waymo, formerly known as the Google Self Driving Car project, is considered a leader in autonomous vehicles, analysts and technology executives say.
That lead, however, is far from safe. General Motors' subsidiary Cruise, is expected to publicly launch its first autonomous vehicle later this year. Meanwhile, Uber is also working to develop autonomous ride-share vehicles.
Waymo takes its self-driving car ambitions global in partnership with Renault-Nissan
Waymo has locked in an exclusive partnership with Renault and Nissan to research how commercial autonomous vehicles might work for passengers and packages in France and Japan. This exclusive partnership has a deadline — the public announcement says it will last for “an initial period.” Waymo nor the Renault-Nissan-Mitsubishi Alliance provided details on when it… Continue reading Waymo takes its self-driving car ambitions global in partnership with Renault-Nissan
Renault, Nissan join Waymo in exploring driverless services in France, Japan
DETROIT/PARIS (Reuters) – French automaker Renault SA, its Japanese partner Nissan Motor Co and tech giant Alphabet Inc’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen… Continue reading Renault, Nissan join Waymo in exploring driverless services in France, Japan
RPT-Renault CEO Bollore has no plans to reduce Nissan stake
(Repeats story that ran late on Wednesday, with no changes to text) By Munsif Vengattil NEW DELHI, June 19 (Reuters) – Cutting its stake in alliance partner Nissan is not on Renault’s agenda, the French carmaker’s chief executive Thierry Bollore said on Wednesday after a global vehicle launch in New Delhi. Renault and Fiat Chrysler… Continue reading RPT-Renault CEO Bollore has no plans to reduce Nissan stake
Macron to discuss Renault/Nissan with Japan’s Abe next week – Elysee official
PARIS, June 19 (Reuters) – French President Emmanuel Macron will discuss the situation regarding the alliance between carmakers Renault and Nissan with Japanese Prime Minister Shinzo Abe next week, said an official at Macron's Elysee office.
“There will certainly be a discussion during the meeting with Prime Minister Abe about questions regarding the relationship between Renault and Nissan,” said the official.
“It will be an opportunity for the President to reaffirm the strong attachment France has regarding the Renault-Nissan alliance, an attachment which was again emphasised during the recent talks that took place with Fiat,” added the official.
The French state has a 15% stake in Renault, and French ministers have consistently highlighted the importance of ensuring that the Renault-Nissan alliance remains strong, before planning any further consolidation with the likes of Fiat-Chrysler.
The official in Macron's office added that Macron was not planning to discuss Fiat with..