Tavares has stoked competition among Peugeot and former Opel factories to push workers to cut costs. PARIS – Carlos Tavares, a former Renault star credited with reviving the company’s French rival Peugeot SA , has long shone as a restructurer-in-chief, staring down unions and slicing down bureaucracies. Now the 61-year-old Portuguese car fanatic and weekend… Continue reading Peugeot’s turnaround driver, Tavares, faces his biggest challenge
Tag: Nissan
Eduard Vaino will focus on strategic development of AVTOVAZ
Eduard Karlovich Vaino, Vice-President for external and shareholders’ relations of JSC AVTOVAZ, decided to focus on strategic development in the Board of Directors of the Company, and to leave the position in operational management from November 1, 2019. ”AVTOVAZ, with the active support of its shareholders – Groupe Renault and Rostec – has successfully overcome… Continue reading Eduard Vaino will focus on strategic development of AVTOVAZ
Peugeot’s boss, Carlos Tavares, plans a merger with Fiat Chrysler – The Economist
IN 2013 TWO Carloses sat atop the Renault-Nissan alliance. One was Carlos Ghosn, the Brazilian-born architect of the Franco-Japanese carmaking colossus. His protégé was Carlos Tavares, the Portuguese chief operating officer of Renault, who made sure that good cars rolled off the production line. But Mr Tavares, an engineer and racing driver, was not content… Continue reading Peugeot’s boss, Carlos Tavares, plans a merger with Fiat Chrysler – The Economist
UPDATE 1-European labour unions fret about jobs in Fiat Chrysler-PSA deal
(Adds comments from French, Italian unions) PARIS/MILAN, Oct 31 (Reuters) – European labour unions have called on Peugeot owner PSA and Fiat Chrysler to avoid job cuts and factory closures as the two major carmakers prepare to tie the knot, underscoring worries about the $50 billion deal as the regional economy falters. As PSA and… Continue reading UPDATE 1-European labour unions fret about jobs in Fiat Chrysler-PSA deal
UPDATE 2-Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker
MILAN/PARIS (Reuters) – Fiat Chrysler (FCHA.MI) and Peugeot owner PSA (PEUP.PA) plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, they said on Thursday, triggering a new wave of consolidation in the car industry. Logos of Peugeot and Fiat are seen in this illustration picture taken October 30, 2019.… Continue reading UPDATE 2-Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker
Car giants plot US-European mega-merger
PSA Group, the French owner of Peugeot, is exploring a merger with its US-Italian rival Fiat Chrysler, it has confirmed. A deal between the two carmakers would create a business with a combined market value of nearly $50bn (£39.9bn). This is Fiat Chrysler’s second attempt at a merger this year after it pulled out of… Continue reading Car giants plot US-European mega-merger
Pedestrian detection systems produce mixed results in safety study
(Reuters) – The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other models failing to recognize pedestrians altogether, according to a study released on Tuesday by a U.S. insurance research group. FILE PHOTO: Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety… Continue reading Pedestrian detection systems produce mixed results in safety study
FJ Chalke to open new eco-friendly Kia and Nissan dealerships in Yeovil
FJ Chalke Limited will open a multi-million pound Kia and Nissan eco-dealership at Fusion Park, Yeovil in November. The new state of the art showroom will have space for up to 20 display vehicles and 150 vehicles on the external forecourt. The site also features 10 charging points. The showroom has been fitted with a rain… Continue reading FJ Chalke to open new eco-friendly Kia and Nissan dealerships in Yeovil
GROUPE RENAULT : Quarterly information – September 30, 2019
PRESS RELEASE#RenaultResults REVENUES OF €11.3 BILLION IN THE THIRD QUARTER OF 2019Group revenues reached €11,296 million (-1.6%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -1.4%. The Group sold 852,198 vehicles in the quarter, down -4.4% in a global market down -3.2%2. Excluding Iran, the decrease would have been -1.8% in… Continue reading GROUPE RENAULT : Quarterly information – September 30, 2019
GROUPE RENAULT: Information trimestrielle au 30 septembre 2019
COMMUNIQUÉ DE PRESSE #RenaultResultsCHIFFRE D’AFFAIRES DE 11,3 MILLIARDS D’EUROS AU TROISIÈME TRIMESTRE 2019Le chiffre d’affaires du Groupe s’élève à 11 296 millions d’euros sur le trimestre (-1,6 %). A taux de change et périmètre constants1, la baisse aurait été de 1,4 %. Le Groupe a vendu 852 198 véhicules au cours du trimestre, soit une baisse de 4,4… Continue reading GROUPE RENAULT: Information trimestrielle au 30 septembre 2019