PARIS — Renault plans to seek compensation from Carlos Ghosn, the fugitive former chairman and chief executive officer, over his alleged misappropriation of funds, the French automaker announced on Monday. It is the first time for the company to express an intention to pursue compensation from Ghosn, who was arrested in Japan in November 2018. Ghosn at the… Continue reading Renault to seek compensation from fugitive Carlos Ghosn
Tag: Renault
Grab raises over US$850 million from Japanese investors
Grab has announced today an investment of over US$850 million from Japanese investors, including Mitsubishi UFJ Financial Group Inc. and TIS Inc., that will go toward creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region. Grab, Southeast Asia’s leading super app, has announced today an investment… Continue reading Grab raises over US$850 million from Japanese investors
@Renault: GROUPE RENAULT AND FERROVIAL LAUNCH ZITY IN PARIS, THE ELECTRIC CARSHARING SERVICE AS FLEXIBLE AS YOU ARE
ZITY is a 100% electric car-sharing service in free-floating. In March, 500 Renault ZOE will be available for hire, 24 hours a day, 7 days a week, with the guarantee of a balanced distribution throughout Paris. ZITY meets the needs of city dwellers for freedom and flexibility in their journeys, with pricing adapted to their… Continue reading @Renault: GROUPE RENAULT AND FERROVIAL LAUNCH ZITY IN PARIS, THE ELECTRIC CARSHARING SERVICE AS FLEXIBLE AS YOU ARE
SoftBank-backed Grab raises $856 million from Japanese investors in financial services push
SINGAPORE/TOKYO (Reuters) – Southeast Asia’s Grab said Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T) and IT services firm TIS Inc (3626.T) have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services. A Grab logo is pictured at the Money 20/20 Asia Fintech Trade… Continue reading SoftBank-backed Grab raises $856 million from Japanese investors in financial services push
Grab raising $706 mln from MUFG to roll-out financial services
SINGAPORE, Feb 25 (Reuters) – Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc, as it seeks to expand aggressively into financial services. “MUFG’s investment into Grab is a vote of confidence in our super app strategy and… Continue reading Grab raising $706 mln from MUFG to roll-out financial services
Nissan warns about future of European plants as Brexit weighs
Tara Patel, Bloomberg Published 12:40 p.m. ET Feb. 24, 2020 | Updated 12:43 p.m. ET Feb. 24, 2020 Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump… Continue reading Nissan warns about future of European plants as Brexit weighs
Your next tire change could be performed by a robot
Waiting in a service station waiting room purgatory one day, Victor Darolfi had a simple thought. “I sat at America’s Tires for three hours and thought, hey, we use robots to put tires on at the factory,” the founder explains. “Why don’t we bring robots into the service industry?” The notion was the first seed… Continue reading Your next tire change could be performed by a robot
Renault Twingo ZE Ties With Smart Make It Better Than The ZOE
As expected, the Renault Twingo ZE has finally arrived. It was just a matter of time to see it around, considering its close ties to the Smart Forfour: both share the same platform and are built at the Revoz plant in Novo Mesto, Slovenia. What most did not see coming was that these ties will… Continue reading Renault Twingo ZE Ties With Smart Make It Better Than The ZOE
@Renault: The New Twingo Z.E.: more than ever the queen of the city
With Twingo Z.E., Renault’s iconic small city car now has an all-electric engine to offer even greater driving pleasure and comfort in everyday life. With its bubbly personality, this fun and easygoing car reaches its full potential in its favourite playground. By going all-electric, Twingo is more than ever the queen of the city! … Continue reading @Renault: The New Twingo Z.E.: more than ever the queen of the city
Automotive: three-color equipment manufacturers withstand the crisis thanks to innovation
Posted Feb 24 2020 at 8:00 am The contrast is striking. One after the other, the car manufacturers are announcing sales at half mast, degraded margins, drastic restructuring. Latest, Renault, which is even fell in the red for the first time since 2009. Conversely, the annual results of the tricolor equipment manufacturers published this week… Continue reading Automotive: three-color equipment manufacturers withstand the crisis thanks to innovation