Renault names Luca de Meo as new chief executive

Renault has appointed former Seat president Luca de Meo as its new chief executive more than a year after the departure of Carlos Ghosn from the brand. de Meo, who stepped down from his role at Seat earlier this month, will officially join the French carmaker in July as the business begins a drive to stem… Continue reading Renault names Luca de Meo as new chief executive

‘Do or die’: Nissan takes the axe to the house Ghosn built

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders.Now, many of those models are missing sales goals and executives at Nissan’s Yokohama headquarters estimate up to 40% of its global manufacturing capacity is unused, or under-used.Nissan is aiming to achieve an operating margin of 6% on revenue of 14.5 trillion yen by March 2023, compared with 3.0% from 13.0 trillion forecast for the year ending in March 2020. More sourcesDo or die: Nissan takes the axe to the house Ghosn built (Reuters: Jan 28, 2020 at 9:30 PM)

Sprint Power selected for UK’s Wireless Charging of Electric Taxis trial

The UK government has awarded funding to Sprint Power, an electric propulsion technology company, to demonstrate wireless charging technology for electrified taxis. Sprint Power will use the funding to develop an interface module, software, and integration kit to support wireless charging for a fleet of 10 modified LEVC TX and Nissan e-NV200 taxis that will… Continue reading Sprint Power selected for UK’s Wireless Charging of Electric Taxis trial

Tesla Model 3 Was #3 Best Selling Car In Europe In December

December 2019 was an outstanding month in terms of plug-in electric car sales in Europe (see our report, based on EV Sales Blog data here), as one of the electric cars managed to break into the top 3 best selling models (more on that down below). First, let’s start with the overall results provided by… Continue reading Tesla Model 3 Was #3 Best Selling Car In Europe In December

@Renault: COMMUNICATION OF RENAULT’S BOARD OF DIRECTORS 28th Jan 2020

    Boulogne-Billancourt, January 28th, 2020 – Following the selection process led by the Governance and Compensation Committee, the Board of Directors, meeting today under the chairmanship of Mr. Jean-Dominique Senard, made the decision to appoint Mr. Luca de Meo as Chief Executive Officer of Renault S.A., and Chairman of Renault s.a.s., effective July 1,… Continue reading @Renault: COMMUNICATION OF RENAULT’S BOARD OF DIRECTORS 28th Jan 2020

Renault says will reopen Wuhan plant with partner Dongfeng on Feb. 10

LONDON, Jan 28 (Reuters) – Renault will resume production at the factory it runs with Dongfeng Group in Wuhan, Hubei province and the epicentre of the outbreak of a new flu-like virus, on Feb. 10, a spokeswoman for the French carmaker said on Tuesday.
The reopening of the plant will be eight days after the end of the extended Lunar New Year holiday in China, the world's top car market.

Renault turns to VW’s De Meo as carmaker seeks fresh start

PARIS (Reuters) – Renault’s (RENA.PA) Tuesday named Luca de Meo, the former head of Volkswagen’s (VOWG_p.DE) Seat brand, as its next chief executive, as the carmaker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up. De Meo’s appointment fills one of the big gaps left at the French… Continue reading Renault turns to VW’s De Meo as carmaker seeks fresh start

French carmaker Renault names Luca de Meo as new CEO

FILE PHOTO: SEAT President and CEO Luca de Meo attends the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo PARIS (Reuters) – French carmaker Renault REN.PA on Tuesday named former Volkswagen’s (VOWG_p.DE) Seat brand executive Luca de Meo as its new chief executive, as Renault moves to create a… Continue reading French carmaker Renault names Luca de Meo as new CEO