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

@Renault: UBER ALLIES WITH RENAULT AND NISSAN TO ELECTRIFY…000043

Boulogne-Billancourt -September 8th, 2020 – Renault and Nissan, within their Alliance, have signed a Memorandum of Understanding (MoU) with Uber with the aim of electrifying its customers’ journeys in Europe. The companies will now explore a strong partnership to provide partner drivers on the Uber App with affordable electric vehicles in European markets, notably in… Continue reading @Renault: UBER ALLIES WITH RENAULT AND NISSAN TO ELECTRIFY…000043

Committing to a fully zero-emission fleet by 2040, Uber is dedicating $800 million to electrifying its drivers

Ride hailing giant Uber is committing to become a fully zero-emission platform by 2040 and setting aside $800 million to help get its drivers using electric vehicles by 2025. The company said that it would invest further in its micro-mobility options as well with the goal of having 100 percent of its rides take place… Continue reading Committing to a fully zero-emission fleet by 2040, Uber is dedicating $800 million to electrifying its drivers

Nissan’s record loan guarantee spotlights lack of transparency

TOKYO — The Japanese government’s de facto guarantee of a record 130 billion yen ($1.22 billion) in emergency loans to Nissan Motor underscores a lack of transparency over coronavirus-related rescue programs for businesses. The Development Bank of Japan extended over 1.88 trillion yen in crisis response loans between March and July as the virus damaged the national and… Continue reading Nissan’s record loan guarantee spotlights lack of transparency

@Renault: ALL-NEW SANDERO, SANDERO STEPWAY AND LOGAN: ESSENTIAL…000041

Dacia unveils the All-new Sandero, All-new Sandero Stepway and All-new Logan[1], 3rd generation models with completely new, reinvented designs. These models are renewed incarnations of the spirit of their elders. For an unbeatable price and compact exterior dimensions, they offer more modernity, equipment and versatility without renouncing the fundamentals of simplicity and reliability. Today, more… Continue reading @Renault: ALL-NEW SANDERO, SANDERO STEPWAY AND LOGAN: ESSENTIAL…000041

Renault aims to freshen up Dacia’s image with model upgrades

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 PARIS (Reuters) – French carmaker Renault (RENA.PA) unveiled the new lines of two of its best-selling cars on Monday, both models manufactured by its Romanian low-cost brand Dacia,… Continue reading Renault aims to freshen up Dacia’s image with model upgrades

@Mitsubishi: MITSUBISHI MOTORS: OUTLANDER PHEV Expands Presence in the Philippines

TOKYO, Sept 7, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) introduced its flagship plug-in hybrid SUV, the OUTLANDER PHEV, in the Philippines. The launch marks the company’s continuous investment in the ASEAN region. First launched in Indonesia last year, the Philippines is the second country in the region to introduce the OUTLANDER PHEV.… Continue reading @Mitsubishi: MITSUBISHI MOTORS: OUTLANDER PHEV Expands Presence in the Philippines

@Renault: Alpine F1® Team enters Formula 1000039

Boulogne-Billancourt, 6 September 2020 – By naming its team Alpine from the 2021 season, Groupe Renault has chosen to put the colours of French excellence at the heart of Formula 1. Already recognized for its records and successes in endurance and rallying, the Alpine name naturally finds its place in the high standards, prestige and… Continue reading @Renault: Alpine F1® Team enters Formula 1000039