@Renault: GROUPE RENAULT : 2020 FINANCIAL RESULTS000174

PRESS RELEASE                                                                                                                                    #RenaultResults2020 FINANCIAL RESULTS: A year of contrastsThe strong improvement in operating profitability in the second half shows the first positive impacts of the actions taken in the context of a year heavily impacted by Covid-19.The results for the second half of 2020 (Group operating margin at 3.5% and positive Automotive operational free cash… Continue reading @Renault: GROUPE RENAULT : 2020 FINANCIAL RESULTS000174

Renault flags difficult year after record $9.7 billion loss

By Reuters Staff 4 Min Read PARIS (Reuters) – Renault Chief Executive Luca de Meo warned of lingering headwinds in 2021 as a shortage of electronic chips added to uncertainties, after the COVID-19 pandemic dragged the French carmaker to an 8 billion euro loss last year. FILE PHOTO: A logo of Renault carmaker is pictured… Continue reading Renault flags difficult year after record $9.7 billion loss

Renault clings to turnaround after record $9.7 billion loss

By Reuters Staff 2 Min Read PARIS (Reuters) – Renault said on Friday that margins and sales had begun to recover in the second half of 2020 as it embarks on a turnaround plan, though the COVID-19 pandemic dragged the French carmaker to an 8 billion euro ($9.68 billion) loss last year. FILE PHOTO: A… Continue reading Renault clings to turnaround after record $9.7 billion loss

Nissan plans more UK investment as it rolls out green tech

By Reuters Staff 2 Min Read Slideshow ( 3 images ) PARIS (Reuters) – Nissan will lift recent investments in its British plant to more than 1 billion pounds ($1.4 billion) in the next few years as it rolls out greener technology, the company said as it showcased its latest Qashqai car on Thursday. The… Continue reading Nissan plans more UK investment as it rolls out green tech

Automakers pause North American production on U.S. winter weather

By Sharay Angulo 3 Min Read MEXICO CITY (Reuters) – Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday on car manufacturing plants on both sides of the border, with Ford Motor Co, Nissan Motor Co Ltd and Toyota Motor Corp reporting disruptions to their assembly… Continue reading Automakers pause North American production on U.S. winter weather

@Groupe PSA: PR Innovation for sustainable interiors001221

Innovation for sustainable materials is taking place across our Business Groups and within the Sustainable and Smart Product Line. Sustainable solutions for vehicle interiors, inscribed in the “Interior for the Planet” initiative, are developed based on 3 pillars: use less, incorporate recyclable and recycled materials, and create alternatives to petrol solutions, with no impact on… Continue reading @Groupe PSA: PR Innovation for sustainable interiors001221

Nissan to halt production due to earthquake, following Toyota

TOKYO — Nissan Motors will halt production at two assembly plants in Japan for two days next week due to repercussions from the earthquake that hit the northeast of the country on Feb. 13, Nikkei has learned. Nissan’s Oppama plant, which makes the company’s flagship Note compact car, and its subsidiary Nissan Shatai’s Shonan plant,… Continue reading Nissan to halt production due to earthquake, following Toyota

Nissan to temporarily suspend output at two assembly plants in Japan due to quake

By Reuters Staff 2 Min Read FILE PHOTO: Nissan Motor’s logo is displayed during a press preview for the company’s new Ariya all-battery SUV at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co said on Thursday it will suspend production at two assembly… Continue reading Nissan to temporarily suspend output at two assembly plants in Japan due to quake