RENAULT GROUP: Statement

PRESS RELEASEJanuary 30, 2023 Statement Boulogne, January 30, 2023. After several months of constructive discussions with Nissan Motor Co., Ltd, Renault Group today announced that, subject to the approval of its board of directors, it has reached an important milestone in its discussions on defining new foundations for their partnership. The ambition is to strengthen… Continue reading RENAULT GROUP: Statement

RENAULT GROUP: Communiqué

COMMUNIQUE DE PRESSE 30 janvier 2023 Communiqué Boulogne-Billancourt, 30 janvier 2023. Après plusieurs mois de discussions constructives avec Nissan Motor Co. Ltd, Renault Group annonce aujourd’hui que, sous réserve de l’approbation de son Conseil d’administration, il a franchi une étape majeure dans ses discussions sur la définition des nouvelles bases de leur partenariat. L’ambition est… Continue reading RENAULT GROUP: Communiqué

@Renault: RENAULT GROUP: Statement000463

PRESS RELEASEJanuary 30, 2023 Statement Boulogne, January 30, 2023. After several months of constructive discussions with Nissan Motor Co., Ltd, Renault Group today announced that, subject to the approval of its board of directors, it has reached an important milestone in its discussions on defining new foundations for their partnership. The ambition is to strengthen… Continue reading @Renault: RENAULT GROUP: Statement000463

@Renault: RENAULT GROUP: Communiqué000462

COMMUNIQUE DE PRESSE30 janvier 2023 Communiqué Boulogne-Billancourt, 30 janvier 2023. Après plusieurs mois de discussions constructives avec Nissan Motor Co. Ltd, Renault Group annonce aujourd’hui que, sous réserve de l’approbation de son Conseil d’administration, il a franchi une étape majeure dans ses discussions sur la définition des nouvelles bases de leur partenariat. L’ambition est de… Continue reading @Renault: RENAULT GROUP: Communiqué000462

German Manager Magazin: Auto Allianz: Renault cuts back stake in Nissan 002282

After months of negotiations, Nissan and Renault agreed on a cross-shareholding in each case of the same amount of 15 percent. As part of the deal, Renault will reduce its stake in Nissan from around 43 percent to 15 percent and transfer its 28 percent stake in the Japanese automaker to a French trustee, Renault… Continue reading German Manager Magazin: Auto Allianz: Renault cuts back stake in Nissan 002282

Untitled

PARIS/TOKYO, Jan 30 (Reuters) – French carmaker Renault (RENA.PA) and its Japanese partner Nissan (7201.T) on Monday agreed to a sweeping reset of their two-decade alliance that will put them on equal footing. The partnership, which has grown to include junior member Mitsubishi Motors (7211.T), was founded in 1999 and long dominated by former Renault… Continue reading Untitled

Nissan, Renault near deal on alliance restructuringRenault is expected to transfer the 28% stake in Nissan, worth around $4.1 billion

Nissan Motor Co and Renault SA are moving towards an agreement that involves sweeping changes to their two-decade-old automaking alliance and will release a statement on Monday, two people familiar with the matter said. The restructured alliance, which has been in the works for nearly four months, will likely see Renault cut its stake in… Continue reading Nissan, Renault near deal on alliance restructuringRenault is expected to transfer the 28% stake in Nissan, worth around $4.1 billion

Greatest road tests ever: Mitsubishi Starion 2.6 Turbo

Tested 28.6.89  Seven years after the Starion coupé’s launch, Mitsubishi took the unusual step of replacing its 2.0-litre turbo with an engine pinched from a 4×4.  The updated Starion’s engine was derived from the Mitsubishi Shogun’s 2.6-litre powerplant and used an iron block and a single-cam alloy head with three valves per cylinder. A 24bhp… Continue reading Greatest road tests ever: Mitsubishi Starion 2.6 Turbo

Blink to be exclusive provider of EV charging stations to Mitsubishi’s US dealers

Blink Charging, a manufacturer and provider of EV charging equipment and services, has reached an exclusive agreement to provide its MQ 200 and IQ 200 Level 2 chargers, as well as DC fast chargers and turnkey installation services, to all 323 Mitsubishi dealerships in the US. According to Blink, the dealerships will have access to… Continue reading Blink to be exclusive provider of EV charging stations to Mitsubishi’s US dealers

Nissan, Renault aim for final negotiations as CEOs talk

TOKYO — Top executives of Nissan Motor and Renault, meeting online Thursday, held further discussions on the possibility of Renault reducing its share in Nissan. The talks are expected to proceed if the two automakers can fill in the gaps on their understanding of the proposal. The regular meeting was held among all three companies… Continue reading Nissan, Renault aim for final negotiations as CEOs talk