Here is the most important news associated with the automotive industry identified by the SEA for the week February 12, 2018 – February 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 12 – February 18, 2017
Tag: Renault
Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’
The auto alliance between Renault, Nissan and Mitsubishi is probably the most advanced and profitable carmaker when it comes to producing electric cars, the company’s CEO told CNBC Friday. The alliance, which started work on electrification back in 2008, announced September that it is going to produce 12 new electric cars within the next five… Continue reading Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’
Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’
Several automakers have been open about their difficulty making money by selling electric cars, or in some cases they don’t even try to make a profit and instead focus solely on getting the ZEV credits. Carlos Ghosn, chairman of the Renault-Nissan-Mitsubishi alliance, claims that they are ahead of the game when it comes to making money… Continue reading Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’
Carlos Ghosn continues as Renault boss until 2022
Renault Group boss Carlos Ghosn has been tasked with making the Renault-Nissan-Mitsubishi Alliance “irreversible” by ensuring better integration, as the company’s board of directors decided to renew his position for another four years. Implementing Renault’s ‘Drive the future’ mid-term plan will be Ghosn’s main focus, with that plan ending in the same year as Ghosn’s extended tenure comes… Continue reading Carlos Ghosn continues as Renault boss until 2022
2017 FINANCIAL RESULTS: Renault performance achieves historic record, including sales, revenues, operating margin and net income
Group revenues came to €58,770 million (+14.7%), including €2,727 million for AVTOVAZ. Excluding the impact of the AVTOVAZ consolidation, Group revenues increased by 9.4% to €56,043 million (+10.1% at constant exchange rates).
Renault Board of Directors proposes appointment of Messrs. Pierre Fleuriot and Thierry Derez as New Independent Directors
On the proposal of the Appointment and Governance Committee, the Board of Directors of Renault proposed at its meeting held on February 15, 2017, the appointment of Messrs. Pierre Fleuriot and Thierry Derez as new independent directors, as successors to Messrs. Marc Ladreit de Lacharrière et Thierry Desmarest, and the renewal of the directorship of… Continue reading Renault Board of Directors proposes appointment of Messrs. Pierre Fleuriot and Thierry Derez as New Independent Directors
Communication from the board of directors following the meeting of February 15, 2018
The Groupe Renault Board of Directors, acting upon the recommendation of the Appointments and Governance Committee, has proposed the renewal of Mr. Carlos Ghosn’s position as Director. This recommendation will be submitted at the Renault annual shareholders’ meeting to be held on June 15, 2018.
A road trip with Nissan ProPilot Assist
Wieck/Autoblog By Joel Stocksdale We’ve had a bit of experience with the Nissan ProPilot Assist system here at Autoblog. I was the first to try it out with a Rogue prototype during a press test drive, and we later got one to test for the 2018 Tech of the Year award. In each instance it… Continue reading A road trip with Nissan ProPilot Assist
Mr Stefan Mueller, Executive Vice President, Chief Performance Officer (CPO), leaves the company for health reasons
Groupe Renault announced today that Stefan Mueller has decided to leave the company as Executive Vice President, Chief Performance Officer (CPO) with effect from February 19, 2018 due to personal health reasons.
Volkswagen suffering in France
Annoying exception. Volkswagen is the only major car brand to have suffered a decline in sales last year in France. The German manufacturer sold 139,360 vehicles in 2017, 2.7% less than in 2016. In January, VW even saw its volumes unscrew by 18%, and Dacia take fourth place in the market behind Peugeot, Renault and… Continue reading Volkswagen suffering in France