PARIS (Reuters) – Renault (RENA.PA) is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said. FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les… Continue reading Exclusive: Renault to discontinue Espace model as carmaker cuts costs – sources
Tag: Renault
Renault to discontinue iconic models as carmaker cuts costs: sources
FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe/File Photo PARIS (Reuters) – Renault (RENA.PA) is preparing to substantially trim down its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four… Continue reading Renault to discontinue iconic models as carmaker cuts costs: sources
Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal
Brussels, 14 May 2020 – CEOs from across the automotive value chain came together for a meeting with the European Commission to align on the priorities for a solid recovery plan for the automotive sector, with a view to stimulating the wider economy and bolstering the transformation to a carbon-neutral society. CEOs of vehicle manufacturers… Continue reading Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal
Nissan is killing Datsun again, report says
Nissan is planning to discontinue its Datsun brand for the second time, a new report says.The automaker relaunched the nameplate in 2012 as a discount brand that’s today sold in only a few markets including South Africa, Indonesia and India, where it sells some models for as little as $4,000.An official announcement on Datsun’s fate is expected to be announced during Nissan’s earnings call on May 28.
The Triggo EV Narrows Its Track Width To Escape Traffic
If you’ve ever been stuck in a traffic jam for more time than it felt comfortable, you might have tried to picture a way in which you could fit in between the rows of cars to get a move on. Some may have even thought about physically narrowing their car to make it a capable… Continue reading The Triggo EV Narrows Its Track Width To Escape Traffic
Nissan Said to Plan $2.8 Billion in Cost Cuts, Book Charges
Nissan Motor Co. is planning to cut about 300 billion yen ($2.8 billion) in annual fixed costs and book restructuring charges as the coronavirus pandemic further depresses the carmaker’s sales, a person with knowledge of the measures said.
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Nissan Motor Co (7201.T) plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales… Continue reading Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
Renault resumes operations, opens over 194 showrooms and workshops
Renault has restarted operations in India with resumption of production in a phased manner at its alliance manufacturing facility in Chennai.The customers can book a Renault vehicle through the Renault India website or the MyRenault App with zero booking amount and avail loan facility from Renault Finance.Renault dealerships are sanitizing their facilities and test drive cars.
Slovak e-mobility specialist Voltia partners with Nissan
The Bratislava-based company Voltia and global automaker Nissan have partnered to bring to the market an expanded Nissan electric pick-up truck optimised for urban last-mile delivery.Equipped with a 40kWh capacity traction battery and smart energy management technology, the e-NV200 XL Voltia reinforces Nissan’s commitment in leading the charge towards sustainable last-mile delivery.
Daimler India CV rejigs top management team
Karl-Alexander Seidel has been appointed as Head of Daimler Buses India. Daimler India Commercial Vehicles (DICV) today announced the appointment of two new top executives, Muthu Maruthachalam C and Karl-Alexander Seidel. Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles, said: “Muthu Maruthachalam C and Karl-Alexander Seidel are highly capable leaders with a wealth… Continue reading Daimler India CV rejigs top management team