PARIS (Reuters) — Renault’s Tuesday named Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalising a long-awaited management shake-up. De Meo’s appointment fills one of the big gaps left at the French company… Continue reading Renault picks ex-VW unit head De Meo as CEO for fresh start
Tag: Renault
Ghosn extradition proves to be sticky issue for Japan and Lebanon
TOKYO — A month after former Nissan Motor Chairman Carlos Ghosn’s shocking escape from house arrest in Japan, the Japanese government is still trying to negotiate his extradition from Lebanon, which has so far refused to hand over one of its most prominent citizens. Ghosn, who was arrested in November 2018 on financial misconduct charges,… Continue reading Ghosn extradition proves to be sticky issue for Japan and Lebanon
Luca De Meo Faces Uphill Struggle To Fix Renault And The Alliance, But After 6-Month Rest
New CEO Luca de Meo has taken on a demanding job at Renault as its share price slumps, profits slide, and the alliance with Nissan stumbles towards divorce, while the French government has what amounts to a veto over big strategic decisions.
Voltia’s Enlarged Nissan e-NV200 To Be Produced In UK By Bevan
Bevan Group enters the electric vehicle arena with high-volume Nissan e-NV200 conversion ‘Final mile’ delivery specialists in the UK, together with tradesmen and other operators working in urban areas, can now choose a competitively priced, fully electric van which offers up to twice the cargo volume of similarly sized competitors. West Midlands-based Bevan Group today… Continue reading Voltia’s Enlarged Nissan e-NV200 To Be Produced In UK By Bevan
Renault names Luca de Meo as new chief executive
Renault has appointed former Seat president Luca de Meo as its new chief executive more than a year after the departure of Carlos Ghosn from the brand. de Meo, who stepped down from his role at Seat earlier this month, will officially join the French carmaker in July as the business begins a drive to stem… Continue reading Renault names Luca de Meo as new chief executive
‘Do or die’: Nissan takes the axe to the house Ghosn built
Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders.Now, many of those models are missing sales goals and executives at Nissan’s Yokohama headquarters estimate up to 40% of its global manufacturing capacity is unused, or under-used.Nissan is aiming to achieve an operating margin of 6% on revenue of 14.5 trillion yen by March 2023, compared with 3.0% from 13.0 trillion forecast for the year ending in March 2020. More sourcesDo or die: Nissan takes the axe to the house Ghosn built (Reuters: Jan 28, 2020 at 9:30 PM)
Nissan Scales Back U.S. Sales Operations to Regain Footing
Nissan Motor Co. will scale back its U.S. sales operations, shuttering two regional offices and offering buyouts to some of its staff as the Japanese carmaker seeks to regain its footing after a year of management turmoil and weaker demand in key markets.
Sprint Power selected for UK’s Wireless Charging of Electric Taxis trial
The UK government has awarded funding to Sprint Power, an electric propulsion technology company, to demonstrate wireless charging technology for electrified taxis. Sprint Power will use the funding to develop an interface module, software, and integration kit to support wireless charging for a fleet of 10 modified LEVC TX and Nissan e-NV200 taxis that will… Continue reading Sprint Power selected for UK’s Wireless Charging of Electric Taxis trial
Tesla Model 3 Was #3 Best Selling Car In Europe In December
December 2019 was an outstanding month in terms of plug-in electric car sales in Europe (see our report, based on EV Sales Blog data here), as one of the electric cars managed to break into the top 3 best selling models (more on that down below). First, let’s start with the overall results provided by… Continue reading Tesla Model 3 Was #3 Best Selling Car In Europe In December
@Renault: COMMUNICATION OF RENAULT’S BOARD OF DIRECTORS 28th Jan 2020
Boulogne-Billancourt, January 28th, 2020 – Following the selection process led by the Governance and Compensation Committee, the Board of Directors, meeting today under the chairmanship of Mr. Jean-Dominique Senard, made the decision to appoint Mr. Luca de Meo as Chief Executive Officer of Renault S.A., and Chairman of Renault s.a.s., effective July 1,… Continue reading @Renault: COMMUNICATION OF RENAULT’S BOARD OF DIRECTORS 28th Jan 2020