Doubting millions spent with a daughter in the Netherlands: Ghosn affair at Renault – France reimbursed

Behrouz Mehri / AFP Carlos Ghosn: Now he faces the threat in the Netherlands too France has announced legal action in the affair surrounding former Renault top manager Carlos Ghosn. It will be reported, confirmed the French Minister of Economy Bruno Le Maire on Wednesday the TV station BFMTV. If the state is a company… Continue reading Doubting millions spent with a daughter in the Netherlands: Ghosn affair at Renault – France reimbursed

Activist hedge fund CIAM will ‘strongly oppose’ FCA-Renault deal

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo LONDON (Reuters) – Activist hedge fund CIAM has written to the board of French automaker Renault to say it “strongly opposed” a planned $35 billion merger with Fiat Chrysler. Calling… Continue reading Activist hedge fund CIAM will ‘strongly oppose’ FCA-Renault deal

Car sales in Italy fall 1.19% in May and reach 197,307 units

Posted 04/06/2019 11:02:14 PM ROME, Jun 4 (EUROPA PRESS) – Sales of cars and SUVs in the Italian market stood at 197,307 units during the month of May, down 1.19% compared to the 199,692 units delivered in that month of 2018. According to data from the National Archive of Vehicles of Italy collected by Europa… Continue reading Car sales in Italy fall 1.19% in May and reach 197,307 units

Carmakers wrestle with diesel’s decline

Five years ago, Toyota took an unusual decision — not to fit its newly developed C-HR model with a diesel engine. At the time, diesel-fuelled cars accounted for half of all new vehicles sold across Europe and a higher percentage in the sport utility vehicle market. Half a decade later, that move looks prescient. Diesel… Continue reading Carmakers wrestle with diesel’s decline

Nissan would review Renault ties after FCA merger: CEO

PARIS/MILAN (Reuters) – Nissan would carry out a “fundamental review” of its relationship with alliance partner Renault if it accepted a merger proposal from Fiat Chrysler, the Japanese carmaker said on Monday. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building in Yokohama, Japan, December… Continue reading Nissan would review Renault ties after FCA merger: CEO

Renault-FCA merger: Fiat factories more fragile than Renault

Promised sworn. Proponents of a Renault-Fiat Chrysler merging ensure: the operation will not destroy jobs, on the contrary, it will allow both groups to strengthen, by constituting a European champion in the face of Chinese or American competition. In its proposal, Fiat Chrysler Automobiles (FCA) undertakes not to close the factory: the leaders of both… Continue reading Renault-FCA merger: Fiat factories more fragile than Renault

Exclusive: FCA discusses improved Renault merger bid to win French backing

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign at its U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo PARIS (Reuters) – Fiat Chrysler is discussing a Renault special dividend and stronger job guarantees in a bid to persuade the French government to back its proposed merger between the carmakers, sources… Continue reading Exclusive: FCA discusses improved Renault merger bid to win French backing

Opel Corsa-e/Vauxhall Corsa-e: Everything We Know

The Corsa-e together with the Peugeot e-208 will be a three-prong assault on the Renault ZOE’s leading position in the subcompact EV market A few days ago PSA Group‘s Opel/Vauxhall brands announced an electric version of the 6th generation Corsa model: the Opel Corsa-e and Vauxhall Corsa-e (right-hand drive British brand). Those two subcompact twins are… Continue reading Opel Corsa-e/Vauxhall Corsa-e: Everything We Know

Change in the car industry: Megafusion against the trend – why VW FiatChrysler and Renault does not have to fear

MARCO BERTORELLO and LOIC VENANCE / AFP FiatChrysler and Renault: Cooperations, not mega alliances are the way to the future The change in the automotive world is in full swing. A new race among manufacturers and newcomers has long since begun. However, in the emerging digital and environmentally conscious world, a successful brand no longer… Continue reading Change in the car industry: Megafusion against the trend – why VW FiatChrysler and Renault does not have to fear