Everything is not black for Renault. In the turmoil since the arrest, in Japan, of his boss Carlos Ghosn , the French manufacturer has not achieved a bad year in commercial terms. On the contrary: in 2018, the diamond group sold 3.88 million vehicles, an increase of 3.2% over last year. This is the sixth… Continue reading Renault: record sales in 2018
Tag: Renault
Renault targets 2019 sales growth after a 3.2 percent gain in 2018
The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near Strasbourg, France, January 10, 2019. REUTERS/Vincent Kessler PARIS (Reuters) – French carmaker Renault (RENA.PA) posted a 3.2 percent increase in 2018 vehicle sales, boosted by a new Chinese joint venture, and pledged further “slight growth” this year… Continue reading Renault targets 2019 sales growth after a 3.2 percent gain in 2018
Nissan unveils NV300 Concept-van at Brussels Motor Show
Innovative NV300 Concept-van highlights versatility of Nissan vans for bespoke conversions BRUSSELS, Belgium – Nissan has unveiled the all-new NV300 Concept-van to highlight the versatility of Nissan commercial vehicles for bespoke conversions of all types. Unveiled at the Brussels Motor Show in Belgium, the vehicle’s cargo area has been kitted out as a mobile workshop… Continue reading Nissan unveils NV300 Concept-van at Brussels Motor Show
Carlos Ghosn’s lawyers try a third time to release him
After having suffered a first refusal Tuesday then a second failure on appeal Thursday , the lawyers of Carlos Ghosn redeposited, this Friday morning, in front of a judge of the court of Tokyo, a request for release of bail of their customer. If they did not explain the reasons for this new attempt, it… Continue reading Carlos Ghosn’s lawyers try a third time to release him
Nissan: Nissan unveils the ultimate expression of All-Wheel Drive with new project vehicle
Continuing a Nissan tradition, the “Altima-te AWD” equipped with heavy-duty track system makes its global debut at the Montreal International Auto Show The Altima-te AWD is based on the all-new 2019 Altima, and joins the “Warrior” Nissan family of one-off vehicles equipped with heavy-duty tracks From sophisticated sedan to off-road warrior; Altima-te AWD stands out… Continue reading Nissan: Nissan unveils the ultimate expression of All-Wheel Drive with new project vehicle
Regarding joint investigation into Nissan-Mitsubishi B.V.
YOKOHAMA, Japan – Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announced today results from their ongoing joint investigation into misconduct carried out by Carlos Ghosn, former chairman of the two companies. The results confirm that Ghosn received improper payments from Nissan-Mitsubishi B.V. (NMBV), a joint venture company established by Nissan and Mitsubishi Motors. NMBV… Continue reading Regarding joint investigation into Nissan-Mitsubishi B.V.
Ghosn received $9 million improperly from Mitsubishi-Nissan JV: companies
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau/File Photo TOKYO (Reuters) – Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from… Continue reading Ghosn received $9 million improperly from Mitsubishi-Nissan JV: companies
Tesla Model 3 is affecting Prius sales, admits Toyota – though still not convinced on EVs
Tesla’s Model 3 is stealing away sales from a surprising range of vehicles and Toyota is admitting to seeing an impact on Prius sales. As a premium car, you would think that it would more likely affect Lexus sales, but Toyota says “Tesla is creating an entirely new segment of vehicles.” Last year, Tesla revealed the top… Continue reading Tesla Model 3 is affecting Prius sales, admits Toyota – though still not convinced on EVs
CORRECTED-Nissan to lay off 700 contract workers in Mississippi
(Reuters) – Nissan Motor Co Ltd’s (7201.T) U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing sales of its vans and Titan pickup trucks. The Nissan logo is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15,… Continue reading CORRECTED-Nissan to lay off 700 contract workers in Mississippi
Nissan to lay off 700 contract workers in Mississippi
The Nissan logo is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan Mcdermid (Reuters) – Nissan Motor Co Ltd’s (7201.T) U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing sales of its vans and… Continue reading Nissan to lay off 700 contract workers in Mississippi