FILE PHOTO: The logo of Honda is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Honda Motor Co (7267.T) said on Thursday it will extend a shutdown of its North American auto plants through May 8, while also extending unpaid leave for many… Continue reading UPDATE 1-Honda extends North America auto production halt through May 8
Tag: Renault
GROUPE RENAULT: Quarterly information – March 31, 2020
PRESS RELEASE#RenaultResults Groupe Renault’s revenues of €10,125 million in the first quarter of 2020 ·The Group sold 672,962 vehicles in the quarter, down -25.9% in a global market down -24.6%1. ·Group revenues reached €10,125 million (-19.2%) in the quarter. At constant exchange rates and perimeter2, the decrease would have been -18.3%. ·Renault’s Board of Directors decided on April 9,… Continue reading GROUPE RENAULT: Quarterly information – March 31, 2020
@Renault: AVTOVAZ announces a new appointment 2020 March
Effective beginning of March, 2020, Natalya Vasilyeva-Bernard, Director for Accounting and Reporting – General Accountant of JSC “AVTOVAZ”, was appointed Executive Vice President for Finance of JSC “AVTOVAZ”. Ms. Vasilieva-Bernard finished Moscow State University with accounting degree in transport, and has 25 years of experience in accounting and finance in Russian and French companies. Before… Continue reading @Renault: AVTOVAZ announces a new appointment 2020 March
Renault close to sealing state-backed loan as it burns through cash
French carmaker on verge of securing multibillion-euro credit line from government Go to Source
Sweden’s Volvo hit by cancelled orders as pandemic creates ‘new normal’
STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) on Thursday warned of stalling truck orders and a challenging adjustment to a “new normal” of feebler demand after reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in… Continue reading Sweden’s Volvo hit by cancelled orders as pandemic creates ‘new normal’
Renault seeks state-backed loan to build cash buffer
PARIS (Reuters) – Renault (RENA.PA) is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursday. FILE PHOTO: The logo of French carmaker Renault is seen before the company’s 2019 annual results presentation at their… Continue reading Renault seeks state-backed loan to build cash buffer
Volvo beats first-quarter forecasts but warns of truck order cancellations
STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) on Thursday warned of weakening truck demand despite reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo Its net order intake… Continue reading Volvo beats first-quarter forecasts but warns of truck order cancellations
Truck maker Volvo profit falls less than expected amid pandemic pain
FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of… Continue reading Truck maker Volvo profit falls less than expected amid pandemic pain
Renault’s first-quarter sales fall, outlook still unclear
FILE PHOTO: The logo of French carmaker Renault is seen before the company’s 2019 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 14, 2020. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – French carmaker Renault (RENA.PA) on Thursday posted a 19.2% drop in first-quarter revenue to 10.13 billion euros ($10.97 billion), and said… Continue reading Renault’s first-quarter sales fall, outlook still unclear
Nissan, partners to draft deeper alliance in May: Yomiuri
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann TOKYO (Reuters) – Nissan Motor Co (7201.T), Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T) will draft plans for a deeper alliance next month, including joint development of… Continue reading Nissan, partners to draft deeper alliance in May: Yomiuri