Tag: Renault

See Where Automaker’s Electric Car Investments Are Going

23 M BY WADE MALONE No one is shocked that China will see the largest slice of the pie. Over the next decade, automakers will be investing heavily in electric vehicle technologies. Reuters analyzed investment and procurement budgets announced by automakers over the past two years. According to Reuters, $300 billion is currently devoted to… Continue reading See Where Automaker’s Electric Car Investments Are Going

Bulgaria’s Top Rent A Car Adds Tesla Model S to Fleet

Customers can easily take a Tesla Model S when they arrive at Sofia Airport or to make a reservation in advance at the other 14 company offices in Bulgaria. Photo courtesy of Top Rent A Car.  Bulgaria’s Top Rent A Car is now offering customers the Tesla Model S rentals. The luxury electric class is available… Continue reading Bulgaria’s Top Rent A Car Adds Tesla Model S to Fleet

Nissan China chief Jose Munoz resigns amid broadened Ghosn probe

(Reuters) – Nissan Motor Co Ltd’s (7201.T) head of China operations Jose Munoz has resigned following reports that the Japanese automaker has broadened its investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct. FILE PHOTO: Jose Munoz, Chairman of Nissan North America, speaks during the North American International Auto Show in Detroit, Michigan, U.S., January… Continue reading Nissan China chief Jose Munoz resigns amid broadened Ghosn probe

GM is transforming Cadillac into an electric brand

General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well as a host of other automakers bringing EVs onto the market. Plans are already underway to introduce the first model from the company’s new battery electric vehicle architecture, GM said Friday during an investor meeting.… Continue reading GM is transforming Cadillac into an electric brand

Renault finds no illegal payments to Carlos Ghosn in past two years

Carlos Ghosn Investigation will now examine payments made to former Nissan chairman before 2017 Carlos Ghosn remains in custody in Tokyo. Photograph: Régis Duvignau/Reuters Renault has said it has so far found no evidence of illegal or fraudulent payments to Carlos Ghosn, despite the chief executive of the French carmaker remaining under arrest in Japan.… Continue reading Renault finds no illegal payments to Carlos Ghosn in past two years

Nissan cancels lease on ex-Chairman Ghosn’s Tokyo apartment

Takashi Aoyama | Getty Images
Pedestrians walk past a big screen showing images of Former Nissan Motor Co. Chairman Carlos Ghosn in a news program on Jan. 8, 2019 in Tokyo, Japan.

Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn's luxury apartment in Tokyo, Ghosn's legal team said on Friday, as the Japanese automaker cuts ties with the executive following his arrest in November.

Nissan confirmed it had sent Ghosn's Japan-based legal team a termination notice on his residence in Azabu, one of Tokyo's priciest neighborhoods, on Monday, the latest step in ending its relationship with Ghosn, who is facing financial misconduct charges in Japan.

In the wake of Ghosn's arrest, the automaker is also planning to terminate other agreements under which it had been providing residences to Ghosn, a person with knowledge of the issue told Reuters, including the lease agreement on an apartment in Amsterdam.

In addition, it is no longer making payments on his residence in Paris, the person added on condition of anonymity due to the sensitivity of the matter.

Nissan was not immediately available to comment on the additional residences.

As chairman of Nissan, Renault and Mitsubishi Motors, the globe-trotting Ghosn had access to a string of residences around the world, including additional homes in Beirut and Rio de Janeiro.

Tokyo prosecutors are expected on Friday to indict Ghosn on two new financial misconduct charges, adding to his legal challenges. Ghosn has denied all of the allegations against him.

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Renault MOBILITY ouvre son service de véhicules électriques en autopartage sur le territoire de la Métropole Nice Côte d’Azur

Download Conditions All materials on this website are the sole property of Renault SAS and/or of its subsidiaries or of any third party having granted Renault SAS permission to use them. Please note that these materials are for editorial use only. Commercial use, including advertising, marketing and merchandising, is strictly prohibited. All trademarks are the… Continue reading Renault MOBILITY ouvre son service de véhicules électriques en autopartage sur le territoire de la Métropole Nice Côte d’Azur

Renault MOBILITY ouvre son service de véhicules électriques en autopartage sur la Métropole Nice Côte d’Azur

Download Conditions All materials on this website are the sole property of Renault SAS and/or of its subsidiaries or of any third party having granted Renault SAS permission to use them. Please note that these materials are for editorial use only. Commercial use, including advertising, marketing and merchandising, is strictly prohibited. All trademarks are the… Continue reading Renault MOBILITY ouvre son service de véhicules électriques en autopartage sur la Métropole Nice Côte d’Azur

Commute with Enterprise to Provide Vanpooling Options in South Carolina

Commute with Enterprise’s van pricing starts at $950 and will vary depending on vehicle selection.  Photo via Enterprise.  Provided by Commute with Enterprise, COMET Vanpool, a one-year pilot to subsidize 20 vans at $500 per month — not to exceed $120,000 per year — will be providing shared rides to residents in South Carolina’s Richland and… Continue reading Commute with Enterprise to Provide Vanpooling Options in South Carolina