Boulogne-Billancourt, October 11th, 2019 – The Board of Directors of Renault met today to decide on the Group’s governance. At this meeting, the Board of Directors decided to end the mandate of Mr Thierry Bolloré as Chief Executive Officer of Renault SA and President of Renault s.a.s with immediate effect. The Board of Directors also… Continue reading Board of Directors of Renault’s PRESS RELEASE
Tag: Renault
Renault seeks reboot of Nissan alliance after ousting CEO
PARIS (Reuters) – Renault’s (RENA.PA) board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan (7201.T) seek a fresh start following the scandal-hit tenure of former alliance supremo Carlos Ghosn. FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, reacts after French carmaker Renault’s 2018 annual results… Continue reading Renault seeks reboot of Nissan alliance after ousting CEO
Renault board to meet, as CEO denounces potential exit as ‘coup’
PARIS, Oct 10 (Reuters) – Renault SA's CEO, Thierry Bollore, denounced as a “coup” his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters.
Bollore also told Les Echos newspaper on Thursday he was appealing to the key Renault shareholder, the French state, to avoid destabilising the company.
“The brutality and the totally unexpected character of what is happening are stupefying … This coup de force is very worrying,” Bollore said.
Earlier, Bollore had skirted the matter of his potential exit from the firm in a conversation with staff on Thursday, two company sources said.
A source close to the French government – a major Renault shareholder – earlier this week confirmed that a senior management shake-up at Renault was on the cards.
Le Figaro newspaper reported that Chairman Jean-Dominique Senard was poised to kick off a process to replace Bollore.
The French finance ministry expressed its support of Senard on Thursday..
Press Releases – Fuel cell vehicles: EU must act to build up much-needed hydrogen infrastructure
Brussels, 10 October 2019 – The European Automobile Manufacturers’ Association (ACEA), Hydrogen Europe and the International Road Transport Union (IRU) are jointly calling on European policy makers to ramp up investments in EU-wide hydrogen refuelling infrastructure for fuel cell electric vehicles. Fuel cell vehicles can contribute positively to the overall decarbonisation agenda of the EU.… Continue reading Press Releases – Fuel cell vehicles: EU must act to build up much-needed hydrogen infrastructure
Press Releases – Thomas Sedran new Chair of ACEA’s Light Commercial Vehicle Committee
Brussels, 8 October 2019 – The European Automobile Manufacturers’ Association (ACEA) has appointed a new Chairman for its Light Commercial Vehicle General Managers’ Committee: Thomas Sedran, who is also Chairman of the Volkswagen Commercial Vehicles Board of Management. Light commercial vehicles (LCVs), better known as vans, represent a vital link in Europe’s logistics chain, enabling… Continue reading Press Releases – Thomas Sedran new Chair of ACEA’s Light Commercial Vehicle Committee
No-deal Brexit tariffs would be unsustainable for Nissan in Europe
SUNDERLAND, England, Oct 10 (Reuters) – No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker's operations include a British and Spanish plant, the Japanese firm warned on Thursday.
Nissan made nearly one in three of Britain's 1.5 million cars last year at its northern English Sunderland factory, although annual production levels at the site will drop this year.
The car industry, Britain's biggest exporter of goods, is concerned that World Trade Organisation tariffs of 10% on vehicles alongside new customs checks and delays could halt production if there is a disorderly Brexit on Oct. 31.
“That will represent a significant cost increase on our vehicles that will have to face the competition in Europe and they won't be affordable,” the firm's European Chairman Gianluca de Ficchy told reporters.
“If there will be a no-deal and a no-deal will be associated with WTO tariffs application, that won't be sustainable ..
Tesla Model 3 Almost Tops Mitsubishi Outlander PHEV In Sales In Sweden
14% of new passenger car sales in Sweden were plug-ins and Tesla Model 3 is almost on the top of the list. September was another great month for plug-in electric cars in Sweden, where 3,518 new registrations were recorded (up 52% year-over-year). The market share of 14% is outstanding and close to the all-time record… Continue reading Tesla Model 3 Almost Tops Mitsubishi Outlander PHEV In Sales In Sweden
Renault CEO denounces ‘coup’ at Renault -Les Echos
PARIS, Oct 10 (Reuters) – Renault's CEO Thierry Bollore denounced on Thursday as a “coup” his potential exit from the French carmaker, which has called a board meeting on Friday.
Thierry Bollore told Les Echos newspaper he was appealing to the key Renault shareholder, the French state, to avoid destabilising Renault.
Our Hardware Future
As many of you who follow us know, comma is striving to be as consumer friendly as possible. We built panda and giraffe in a different time, when ADAS technology on cars was brand new, chffr was still a product, and it was unclear what we would do to gain traction. panda and giraffe were… Continue reading Our Hardware Future
Renault board to meet, as CEO denounces potential exit as ‘coup’
PARIS (Reuters) – Renault SA’s (RENA.PA) CEO, Thierry Bollore, denounced as a “coup” his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters. FILE PHOTO: Renault CEO Thierry Bollore attends the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse Bollore also… Continue reading Renault board to meet, as CEO denounces potential exit as ‘coup’