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.

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

Renault to open first dedicated Electric-Vehicle concept store in Europe

On February 16, Renault is to open its first European concept store – the Renault Electric Vehicle Experience Center – in Stockholm where visitors will be able to discover the benefits of electric mobility and find answers to their questions on the subject. This ground-breaking shop window for Renault electric vehicles will be located in… Continue reading Renault to open first dedicated Electric-Vehicle concept store in Europe

New takeover in the BMW network!

Patrick Metz sells his entire business to the Savy Group headed by Régis Harduin. This is a new concentration operation in the network of the German brand … After having sold the Viriat (01) BMW-Mini dealership to the Pautric group at the end of last year, Patrick Metz is now selling its entire entity. Indeed,… Continue reading New takeover in the BMW network!

DiDi & SoftBank for Platform

In Japan, the travel service provider and the IT specialist SoftBank want to launch a platform for taxi services. Recently had the Fahrdienstleister DiDi Chuxing announced a cooperation with the Renault-Nissan-Mitsubishi Alliance, now followed by another with the Japanese company Softbank, Taxis Japan. Source: didichuxing Together we want to offer a taxi platform on which… Continue reading DiDi & SoftBank for Platform

Nissan Chile celebrates its third year in the country leading the SUV segment and increasing its market share

SANTIAGO, Chile – Nissan Chile celebrated its third year of operations in the country leading the SUV segment and with a market share of 8% between January and December 2017. Thus, Nissan finished 2017 in fourth place in the Chilean market share, climbing one position in the sales ranking with respect to the previous year.… Continue reading Nissan Chile celebrates its third year in the country leading the SUV segment and increasing its market share