Tag: Renault

Brayleys hits acquisition trail with Thames Honda deal

Hertfordshire-based Brayleys Cars has bought Thames Honda for an undisclosed sum. It is Brayleys’ first acquisition since the Dubai-based AW Rostamani Group became its majority shareholder in 2018. The Honda dealerships are located in Ruislip, Ewell, Leatherhead and Thames Ditton. They join Brayleys’ three existing Honda franchises in Enfield, St Albans and Hemel Hempstead. Brayleys,… Continue reading Brayleys hits acquisition trail with Thames Honda deal

In Flins, Renault employees are worried about the relocation of the Clio

What future for Flins? In this factory Renault Yvelines on the banks of the Seine, the question is in everyone’s mind. Since the 4,500 employees of the site have learned six months ago that the assembly of the new Clio would be relocated to Turkey and Slovenia , They are worried. Because they do not… Continue reading In Flins, Renault employees are worried about the relocation of the Clio

French automobile production will suddenly fall in 2020

The automobile is a business of cycles, and some are more exciting than others. After a few years of thinning that allowed the Hexagon to return to the European podium of car production , France will know a brutal blow of stop next year. The level of production of all automotive plants will fall by… Continue reading French automobile production will suddenly fall in 2020

‘Curbing car imports won’t kill competition’

Assemblers of 660-1,000cc cars are lucky in the sense that the market is now getting wide open for them to take advantage of shrinking used car imports.Iconic Suzuki Mehran (800cc) continued to sail smoothly in the presence of imported 660cc used cars like Daihatsu Mira, Daihatsu Move, Nissan Dayz, Nissan Moco, Suzuki Alto, Suzuki Hustler and commercial picks of Daihatsu, Suzuki and Nissan.Some analysts fear that controlling used car imports will strengthen the monopoly of local assemblers that jack up prices multiple times every year citing the exchange rate movement.

FIRST-HALF 2019 RESULTS: RCI BANK AND SERVICES MAINTAINS A HIGH-LEVEL SALES AND FINANCIAL PERFORMANCE IN A SHARPLY DECLINING AUTOMOTIVE MARKET

Despite the downturn in the automotive sector, RCI Bank and Services stabilized its volume of financing contracts, set a new penetration rate record[1] and continued to develop its services activity. RCI Bank and Services continues performing financially at a record level in the first-half of 2019.   918,504 new financing contracts, for a total of… Continue reading FIRST-HALF 2019 RESULTS: RCI BANK AND SERVICES MAINTAINS A HIGH-LEVEL SALES AND FINANCIAL PERFORMANCE IN A SHARPLY DECLINING AUTOMOTIVE MARKET

DACIA DUSTER, NEW TCE 100 PETROL ENGINE

 Dacia is modernizing its engine range with the latest TCe 100 petrol engine on Duster, the top-selling C-segment SUV in France in 2019 in consumer sales.  Replacing the SCe 115, the new-generation engine affords versatility and athleticism while reducing fuel consumption and CO2 emissions.  Launched in France on July 30, 2019, the TCe 100 will be… Continue reading DACIA DUSTER, NEW TCE 100 PETROL ENGINE

Fiat Chrysler CEO: We’ll talk alliances, but we can go it alone

Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.The Wall Street Journal reported on Friday that Renault and Nissan are trying again to reshape their alliance and resolve disagreements that helped to derail the merger talks with Fiat Chrysler.Mr Manley has set a goal of 3 per cent operating margins, well short of the 10 per cent margins the company forecast for North America.

UPDATE 2-Nissan wants Renault to reduce stake to revive Renault-FCA deal talks- WSJ

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 (Reuters) – Carmakers Nissan Motor Co (7201.T) and Renault SA (RENA.PA) are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault’s merger… Continue reading UPDATE 2-Nissan wants Renault to reduce stake to revive Renault-FCA deal talks- WSJ

Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ

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 (Reuters) – Carmakers Nissan Motor Co (7201.T) and Renault SA (RENA.PA) are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault’s merger… Continue reading Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ