Tag: Renault

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

Analysis: Harald Krüger leaves a legacy at BMW with dark sides

Harald Kruger The CEO retires after 27 years at BMW. (Photo: Sepp Spiegl) Munich is two weeks Harald Kruger still BMW-Chef, the 16th of August is his last working day. Before his designated successor Oliver Zipse the Transactions in the corporate headquarters takes over, Harald Krüger took stock on Thursday. over the first half of… Continue reading Analysis: Harald Krüger leaves a legacy at BMW with dark sides

Analysis: Harald Krüger leaves an ambiguous legacy at BMW

Harald Kruger The CEO retires after 27 years at BMW. (Photo: Sepp Spiegl) Munich is two weeks Harald Kruger still BMW-Chef, the 16th of August is his last working day. Before his designated successor Oliver Zipse the Transactions in the corporate headquarters takes over, Harald Krüger took stock on Thursday. over the first half of… Continue reading Analysis: Harald Krüger leaves an ambiguous legacy at BMW

Nissan Group reports July 2019 U.S. sales

August 1, 2019 July 2019 July 2018 % chg Nissan Group Total sales (units) 98,880 108,792 -9.1 Nissan Division sales 90,220 99,045 -8.9 INFINITI sales* 8,660 9,747 -11.2 NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for July 2019 of 98,880 units, a decrease of 9.1 percent compared to the prior year. Nissan highlights:… Continue reading Nissan Group reports July 2019 U.S. sales

UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales

* Posts worst Q1 operating profit since June 2012 quarter * Mazda’s global vehicle sales down 12% in Q1 * Strong yen vs euro, Australia dollar also hurts profit (Adds results details) By Naomi Tajitsu TOKYO, Aug 1 (Reuters) – Mazda Motor Corp reported a 79% drop in quarterly operating profit, falling significantly short of… Continue reading UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales