FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe/File Photo PARIS (Reuters) – French carmaker Renault (RENA.PA) has sealed a deal with banks on a 5 billion-euro ($5.47 billion) state-guaranteed loan to help the company to cope with the coronavirus outbreak,… Continue reading France’s Renault reaches deal on 5 billion euro state-backed loan: sources
Tag: Renault
Nissan Deploys Zero Emission Ambulance In Tokyo
Nissan, in partnership with the Tokyo Fire Department and the Tokyo Metropolitan Government, recently deployed an all-electric ambulance based on the Nissan NV400 van. This first of its kind zero-emission ambulance in Tokyo is equipped with two lithium-ion battery packs – the main 33 kWh traction battery and an auxiliary 8 kWh for on-board electrical… Continue reading Nissan Deploys Zero Emission Ambulance In Tokyo
Mitsubishi Motors to cut costs after slump in annual profit
TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) will focus on cutting fixed costs by 20% or more in the next two years after reporting an 89% drop in annual profit, its weakest performance in three years, and skipping its year-end dividend. FILE PHOTO: Logos of Mitsubishi Motors Corp are seen at a showroom of the… Continue reading Mitsubishi Motors to cut costs after slump in annual profit
Mitsubishi Motors’ annual profit tumbles, refrains from issuing forecast
TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) posted on Tuesday an 89% drop in annual operating profit for its weakest performance in three years and skipped the year-end dividend, as the coronavirus outbreak added to the Japanese automaker’s profitability woes. FILE PHOTO: Logos of Mitsubishi Motors Corp are seen at a showroom of the company’s… Continue reading Mitsubishi Motors’ annual profit tumbles, refrains from issuing forecast
Mitsubishi Motors’ full-year profit slumps 89%
FILE PHOTO: Logos of Mitsubishi Motors Corp are seen at a showroom of the company’s headquarters in Tokyo, Japan November 26, 2018. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) on Tuesday posted an 89% drop in annual operating profit in the year ended March as the Japanese automaker took a hit from… Continue reading Mitsubishi Motors’ full-year profit slumps 89%
@Mitsubishi: MITSUBISHI MOTORS CORPORATION (MMC) today announced its full year financial results for FY 2019
Tokyo, May 19, 2020 – MITSUBISHI MOTORS CORPORATION (MMC) today announced its full year financial results for FY 2019 (from Apr 1, 2019 to Mar 31, 2020). Summary of financial results Reference documents (Consolidated) Additional information material Presentation material Go to Source
Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault
(Reuters) – Nissan Motor Co (7201.T) is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters. FILE PHOTO: Qashqai cars by Nissan are seen parked at the Nissan car plant… Continue reading Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault
French plan to help auto sector due within 15 days: Le Maire
FILE PHOTO – French Economy and Finance Minister Bruno Le Maire speaks during a presentation of the details for the end of the country’s lockdown imposed to curb the spread of the coronavirus disease (COVID-19), at the Hotel Matignon in Paris, France May 7, 2020. Christophe Archambault/Pool via REUTERS PARIS (Reuters) – France is hoping… Continue reading French plan to help auto sector due within 15 days: Le Maire
@Nissan: Mark Sutcliffe is appointed Alliance Senior Vice President, Alliance LCV Business Unit
2020/05/18 Groupe Renault and Nissan Motor Co., Ltd. announced today that Mark Sutcliffe, Alliance Senior Vice President, Industrial Strategy and Supply Chain Management, has been appointed Alliance SVP, Alliance LCV Business Unit, effective June 1st. He will report to Clotilde Delbos, Chief Executive Officer of Renault SA for an interim period, and Makoto Uchida, Nissan… Continue reading @Nissan: Mark Sutcliffe is appointed Alliance Senior Vice President, Alliance LCV Business Unit
Renault: Batilly, the other problem factory
In Batilly, the Renault factory which produces Masters vans, the moment of truth will take place this Monday, around 9 p.m. At that time, in the Sovab-Renault factory in Meurthe et-Moselle, the management and elected officials of the CSE will scrutinize with extreme attention the crossover between the afternoon team, who leaves his post at… Continue reading Renault: Batilly, the other problem factory