Groupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenues

Boulogne-Billancourt, October 17, 2019   Due to an economic environment less favorable than expected and in a regulatory context requiring ever-increasing costs, Groupe Renault revises its guidance for FY2019. •             Published Group revenues should decline between -3% and -4% (previous guidance:  close to last year level at constant exchange rates and perimeter ).•             Group operating… Continue reading Groupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenues

Nissan on recovery path, incoming CEO Uchida tells employees

FILE PHOTO:Nissan Motor Co. senior executive Makoto Uchida speaks to media at Shanghai International Automobile Industry Exhibition in Shanghai, China April 16, 2019, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS BEIJING (Reuters) – Nissan Motor Co’s incoming chief executive Makoto Uchida told employees in a video message on its internal website on… Continue reading Nissan on recovery path, incoming CEO Uchida tells employees

AB Volvo warns of demand slump as truck orders plunge

STOCKHOLM (Reuters) – Swedish truckmaker AB Volvo (VOLVb.ST) reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22,… Continue reading AB Volvo warns of demand slump as truck orders plunge

Renault shares plunge as profit warning deepens its problems

PARIS (Reuters) – A hefty profit warning sent Renault (RENA.PA) shares tumbling as much as 15% on Friday, capping a miserable year for the French carmaker following the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp slowdown in the global auto industry. FILE PHOTO: The logo of French car manufacturer… Continue reading Renault shares plunge as profit warning deepens its problems

AB Volvo truck orders tumble as markets hit brakes in third-quarter

STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) on Friday reported a sharp fall in order intake of its trucks in the third quarter and forecast slumping market demand on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at… Continue reading AB Volvo truck orders tumble as markets hit brakes in third-quarter

GROUPE RENAULT : Groupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenues

PRESS RELEASEGroupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenuesBoulogne-Billancourt, October 17, 2019Due to an economic environment less favorable than expected and in a regulatory context requiring ever-increasing costs, Groupe Renault revises its guidance for FY2019:Published Group revenues should decline between -3% and -4% (previous guidance:  close to last year level at… Continue reading GROUPE RENAULT : Groupe Renault revises its guidance for FY2019 and pre-announces its Q3 revenues

Electric Renault Twingo Confirmed By Product Planning Boss

Renault Twingo Z.E. is now expected in 2020 according to Renault’s Executive Vice President, Product Planning and Programs. An all-electric Renault Twingo (a city car smaller than ZOE) has been expected for years and it seems that it will be finally introduced! This summer we saw a leaked calendar of new model launches by Renault,… Continue reading Electric Renault Twingo Confirmed By Product Planning Boss

GROUPE RENAULT : Communication about availability – Renault sales figures for September 2019

Communication about availability – Renault sales figures for September 2019Boulogne, October 16, 2019Renault announces that its sales figures report for September 2019 is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’.As of May 2019, please note that the scope of the Regions has changed: the Africa Middle-East India Region… Continue reading GROUPE RENAULT : Communication about availability – Renault sales figures for September 2019

Renault, ADA Launch Paris EV Carsharing

The number of vehicles put into service will increase to follow the customer demand. Photo via Max Pexels.  Groupe Renault and ADA are launching the Moov’In.Paris mobile app, which will provide access to their free-floating carsharing service for electric vehicles. Through the Moov’in.Paris app, 100 Renault ZOE and twenty Renault Twizy will be put into service… Continue reading Renault, ADA Launch Paris EV Carsharing

Groupe PSA ‘Booster Day’: imagining disruptive innovations to drive competitiveness in the Plant of the Future

For the fourth consecutive year, Groupe PSA organized a day dedicated to its Plant of the Future program 60 partners, including 25 start-ups, came together to tackle 24 challenges A key theme in 2019: carbon neutrality The fourth annual Booster Day, an event dedicated to Groupe PSA’s Plant of the Future, was held today in… Continue reading Groupe PSA ‘Booster Day’: imagining disruptive innovations to drive competitiveness in the Plant of the Future