Carmakers in Southeast Asia are reluctant to hit the accelerator

BANGKOK — Automakers operating in Southeast Asia are moving in low gear as they bring plants back online after weeks of suspended production due to the coronavirus pandemic. Safety protocols and weak sales force them to proceed slowly in restarting operations. Since May, most Southeast Asian nations have been easing restrictions on business operations and people’s movements that were introduced to contain the outbreak.… Continue reading Carmakers in Southeast Asia are reluctant to hit the accelerator

Lawsuit alleges defeat devices in Nissan petrol cars

Up to 1.4 million Renault and Nissan vehicles sold in Britain could be equipped with illegal defeat devices, according to a lawsuit being launched today. They include a petrol-powered version of one of the UK’s best-selling family cars, the Nissan Qashqai. The law firm behind the case, Harcus Parker, claims that some cars produced up… Continue reading Lawsuit alleges defeat devices in Nissan petrol cars

China’s Didi aims for 1 million robotaxis on its platform by 2030

FILE PHOTO: The company logo of the Didi ride-hailing app on a car door at the IEEV New Energy Vehicles Exhibition in Beijing, China, October 18, 2018. REUTERS/Thomas Peter/File Photo BEIJING (Reuters) – China’s ride-hailing giant Didi Chuxing aims to operate more than 1 million self-driving cars through its platform by 2030, an executive said… Continue reading China’s Didi aims for 1 million robotaxis on its platform by 2030

Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Brussels, 23 June 2020 – In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about -25%. This effectively means that the industry association expects car sales in the European Union to… Continue reading Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Renault discontinues Captur SUV in India

Renault India has quietly pulled the Captur SUV out of its showroom, marking the end of the road for its flagship product in India. Launched on November 6, 2017, at Rs 999,000 for the petrol model and Rs 11.39 lakh for the diesel, the Captur never really got a foothold in the domestic market and… Continue reading Renault discontinues Captur SUV in India

Renault: Luca de Meo says “optimistic and confident”

It was with great ease and in perfect French, barely tinged with a slight accent, that Luca de Meo spoke to Renault shareholders on Friday. Expected as the messiah to the general management of the Losange, the Italian leader declared himself “a little moved” by starting his little speech of presentation during the general assembly… Continue reading Renault: Luca de Meo says “optimistic and confident”

Renault’s future CEO Luca de Meo sees a “challenge” in his recovery

A first appearance before taking official post. Former Seat brand executive Luca de Meo spoke for the first time at Renault’s general meeting on Friday (June 29th). In less than two weeks, on July 1, this Italian leader will become the new general manager of the three-color manufacturer, succeeding Clotilde Delbos who had so far… Continue reading Renault’s future CEO Luca de Meo sees a “challenge” in his recovery

Incoming Renault CEO says he’s ready for turnaround challenge

PARIS (Reuters) – Renault’s (RENA.PA) incoming Chief Executive Luca de Meo said on Friday he was confident the ailing French carmaker, which has just launched major cost cuts, could deliver a positive surprise for investors after a period of faltering sales and margins. FILE PHOTO: A logo of Renault carmaker is pictured at a dealership… Continue reading Incoming Renault CEO says he’s ready for turnaround challenge

Renault wants to quadruple the production of electric vehicles in France

A few days after having unveiled its broad restructuring plan, Renault says a little more about his strategy. The French automaker plans to quadruple its production of electric vehicles in France by 2024, said President Jean-Dominique Senard on Friday, June 19, at the general meeting of shareholders. The group, he added, did not request a… Continue reading Renault wants to quadruple the production of electric vehicles in France

Renault has not asked EU’s carbon reduction goals to be pushed back: Chairman

FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a Renault, Nissan and Mitsubishi chiefs’ joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon/File Photo PARIS (Reuters) – French carmaker Renault (RENA.PA) has not asked for European Union’s stringent carbon emission reduction goals to be pushed back in spite of the coronavirus crisis, Chairman Jean-Dominique… Continue reading Renault has not asked EU’s carbon reduction goals to be pushed back: Chairman