Nissan to issue $8bn in US-dollar corporate bonds

TOKYO — Nissan Motor will issue $8 billion in U.S. dollar-denominated corporate bonds to offset expected sluggish sales due to the pandemic, hoping to shore up cash reserves to help weather the crisis. Nissan issued domestic corporate bonds in July for the first time in four years. Due to the company’s low rating, the amount… Continue reading Nissan to issue $8bn in US-dollar corporate bonds

New Renault Boss Expects More Cost Cuts, Wants To Follow PSA’s Financial Strategy – CarScoops

It would appear that Renault might have to cut more costs than the 2 billion euros ($2.4 billion) in savings it had already planned on, said new CEO Luca de Meo. The new Renault boss, who came over in July from SEAT, didn’t mention exactly how much more money his company would need to save,… Continue reading New Renault Boss Expects More Cost Cuts, Wants To Follow PSA’s Financial Strategy – CarScoops

@Renault: GROUPE RENAULT TESTED A BLOCKCHAIN PROJECT TO GO…000046

A tool to meet the growing demand for transparency Designed and implemented in collaboration with leading automotive industry players, this tool enables greater responsiveness and efficiency at a time of ever-greater regulatory stringency. New market surveillance regulations came into force since September 1st, introducing enhanced regulatory controls for vehicles already on the market. The entire… Continue reading @Renault: GROUPE RENAULT TESTED A BLOCKCHAIN PROJECT TO GO…000046

Nissan bonds: the comfort of strangers

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Ashwani Gupta: “When the battery costs drop below 95 dollar per kWh we will have reached the tipping point”

The topic of electric mobility has gathered a huge momentum in the last few years and one OEM that has taken the topic very seriously is Japanese car major Nissan. It should come as no surprise that the keynote speaker at Autocar Professional’s first international e-conference on electric mobility on the topic ‘Scaling up in… Continue reading Ashwani Gupta: “When the battery costs drop below 95 dollar per kWh we will have reached the tipping point”

@Renault: New Mégane is coming000044

Renault Mégane is a car of figures: 7 million cars sold worldwide, 4 generations, 3 records on the prestigious Nurburgring track… But behind these figures, Mégane is above all a car that creates emotion and excitement, an icon definitely anchored in its time. The New Mégane demonstrates once again that it is a hatchback with… Continue reading @Renault: New Mégane is coming000044

Exclusive: Renault CEO – We may need more cuts to escape the red zone

PARIS (Reuters) – Renault (RENA.PA) may have to cut more costs than initially planned to get out of the red zone and its cash-flow projections are alarming, the French carmaker’s new chief executive said in an internal memo seen by Reuters. FILE PHOTO: A logo of Renault carmaker is pictured at a dealership amid the… Continue reading Exclusive: Renault CEO – We may need more cuts to escape the red zone

Exclusive: Renault’s De Meo says more cost cuts may be needed – memo

FILE PHOTO: A logo of Renault carmaker is pictured at a dealership amid the coronavirus disease (COVID-19) outbreak in Sint-Pieters-Leeuw, Belgium May 29, 2020. REUTERS/Yves Herman/File Photo GLOBAL BUSINESS WEEK AHEAD PARIS (Reuters) – Renault (RENA.PA) might have to cut more costs than the 2 billion euros ($2.4 billion) in savings already planned to get… Continue reading Exclusive: Renault’s De Meo says more cost cuts may be needed – memo