Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Images Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that would see Renault’s shareholdings in Nissan… Continue reading Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Tag: Nissan
Nissan, Renault to make cross-shareholdings equal
Tokyo — Nissan and Renault have agreed to equalize the stakes they hold in each other, both sides said Monday, ironing out a source of conflict in the Japan-French auto alliance. Up to now, Renault Group has held a 43.4% stake in Nissan Motor Co., potentially giving it a larger say in how the Japanese… Continue reading Nissan, Renault to make cross-shareholdings equal
German FAZ: After the games is before kick-off005114
Towards the end of the year there were four car-free Sundays in Germany. The bans were accepted stoically, and the freeways were never as empty as they were then. And with two horsepower you finally made progress. Image: Bridgeman Images We’ve been looking back at the cars from 50 years ago for 25 years in… Continue reading German FAZ: After the games is before kick-off005114
Nissan-Renault alliance overhaul reflects pivot from scale to tech
TOKYO — The deal announced Monday between Nissan Motor and Renault reworks the Japanese-French alliance for an era in which automakers need to consider more than just expansion as they pick their partners. Under the deal, Renault will cut its stake in Nissan to 15%, putting the capital relationship on an equal footing, and Nissan… Continue reading Nissan-Renault alliance overhaul reflects pivot from scale to tech
Foxconn hires former Nissan exec Jun Seki as EV strategy head
Technology Auto veteran also served as chief of motor maker Nidec until last year Japan auto industry veteran Jun Seki has been hired as Foxconn’s chief strategy officer of its electric vehicle business. (Photo by Atsushi Ooka) LAULY LI, Nikkei Asia tech correspondentJanuary 30, 2023 17:30 JST | Taiwan TAIPEI — Foxconn has named Japan auto… Continue reading Foxconn hires former Nissan exec Jun Seki as EV strategy head
Renault agrees to cut stake in Nissan to 15%
TOKYO — Japanese automaker Nissan Motor and its French partner Renault have reached an agreement to reduce the latter’s stake in Nissan, Nikkei learned Monday. Nissan said in a statement that “it has reached an important milestone in its discussions with Renault Group on defining new foundations for their partnership,” confirming Nikkei’s earlier report. The… Continue reading Renault agrees to cut stake in Nissan to 15%
Renault/Nissan: equal footing is the first step back to relevance
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Renault/Nissan: equal footing is the first step back to relevance
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
Electric Van Market to Reach $76.7 Billion, Globally, by 2031 at 28.9% CAGR: Allied Market Research
The increase in demand for emission-free & high-performance electric vans, and the reduction in the cost of electric vehicle batteries drive the growth of the global electric van market. PORTLAND, Ore., Jan. 27, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Electric Van Market by Range (Up to 100 miles, 100 to 200 miles,… Continue reading Electric Van Market to Reach $76.7 Billion, Globally, by 2031 at 28.9% CAGR: Allied Market Research