2020/05/27 Alliance partners to leverage leader-follower scheme to enhance efficiency and competitiveness in products and technologies Individual members to be reference for the regions where they have key strengths, acting as a gateway and support mechanism for partners’ competitiveness Alliance continues to benchmark performance in products, technologies and markets against top industry standards Groupe Renault,… Continue reading @Nissan: Alliance new cooperation business model to support member-company competitiveness and profitability
Tag: Renault
Renault has no problems in relations with French state: chairman
FILE PHOTO: Chairman of Renault SA Jean-Dominique Senard attends a news conference at French carmaker Renault headquarters in Boulogne-Billancourt, near Paris, France, October 11, 2019. REUTERS/Charles Platiau PARIS (Reuters) – Renault (RENA.PA) Chairman Jean-Dominique Senard said on Wednesday that relations with the French government were fine, even as the state continues to haggle over finalising… Continue reading Renault has no problems in relations with French state: chairman
France announces €8bn rescue plan for car industry
The French government has announced an €8bn (£7.1bn) rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron’s proposal includes €1bn to provide grants of up to €7,000 to encourage citizens to purchase electric vehicles. It also puts money toward investments to make France a centre for… Continue reading France announces €8bn rescue plan for car industry
Macron: 8 billion to the auto industry to gain leadership in the electrical sector
INDUSTRIAL POLICY The French president announces a major recovery plan for the sector consisting of measures to support demand, investment and relocation to France. Electric and self-driving cars the strategic objectives (EPA) The French president announces a major recovery plan for the sector consisting of measures to support demand, investment and relocation to France. Electric… Continue reading Macron: 8 billion to the auto industry to gain leadership in the electrical sector
French carmaker Renault to cut 5,000 jobs by 2024: Le Figaro
A logo of Renault carmaker is pictured at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French carmaker Renault (RENA.PA) is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 billion euros ($2.20 billion) in costs, according to a report published Tuesday by… Continue reading French carmaker Renault to cut 5,000 jobs by 2024: Le Figaro
Nissan plans $2.8bn cost cut, scaling back US factory
TOKYO — Nissan Motor plans to scrap a production line at one of its two U.S. auto assembly plants as part of an effort to cut 300 billion yen ($2.79 billion) in annual costs, Nikkei learned Tuesday. The closure of a line at the factory in Canton, Mississippi, is expected to reduce the Japanese automaker’s… Continue reading Nissan plans $2.8bn cost cut, scaling back US factory
Aston Martin chief leaves after 94% share price collapse
Struggling luxury UK carmaker Aston Martin has announced that chief executive Andy Palmer has stepped down. Tobias Moers is taking over from 1 August, with Keith Stanton filling the gap as interim chief operating officer. Mr Moers joins from Mercedes’ high-performance subsidiary AMG, where he is currently chief executive. Aston Martin was struggling before the… Continue reading Aston Martin chief leaves after 94% share price collapse
Nissan and Renault shelve merger plans to repair their alliance: sources
(Reuters) – Renault (RENA.PA) and Nissan (7201.T) have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front… Continue reading Nissan and Renault shelve merger plans to repair their alliance: sources
French carmaker Renault could close plants and cut jobs: union
PARIS (Reuters) – French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on Monday. FILE PHOTO: A Renault Clio E-Tech Hybrid car is seen at Brussels Motor Show, Belgium, January 9,… Continue reading French carmaker Renault could close plants and cut jobs: union
Nissan says preparing to gradually restart Mexico operations
FILE PHOTO: Nissan Motor’s logo is pictured at its headquarters in Yokohama, Japan February 13, 2020. REUTERS/Kim Kyung-Hoon/File Photo MEXICO CITY (Reuters) – The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle… Continue reading Nissan says preparing to gradually restart Mexico operations