Why the retreat from Russia is a real blow for Renault

Does a black cat haunt the corridors of Renault headquarters in Boulogne-Billancourt? One might think so, given the calamities that regularly befall the French manufacturer. Plunged into a very bad patch following the Ghosn affair, the Losange saw its recovery hampered by the health crisis, then the shortage of semiconductors. And while the 2021 results… Continue reading Why the retreat from Russia is a real blow for Renault

Rental car delivery startup Kyte is growing its fleet to 10,000 vehicles

Kyte, the startup that delivers rental cars to customers’ doors, has raised $200 million in asset-backed credit financing from Goldman Sachs and Ares Global Management, money the company will use to pay for new vehicles that will fuel its expansion. Kyte, which is currently in 13 U.S. markets and will launch in Portland, Oregon this… Continue reading Rental car delivery startup Kyte is growing its fleet to 10,000 vehicles

Renault, fifteen wild years in the land of the Soviets

Faced with the bronca towards its presence in Russia since the invasion of Ukraine by the troops of Vladimir Putin, the French manufacturer ended up giving in and starting its withdrawal from the country, reluctantly. The end of an epic launched by Carlos Ghosn is fast approaching. Go to Source

Under pressure from Ukraine, Renault suspends its industrial activities in Russia

A call for a global “boycott” of Renault had just been launched by the head of Ukrainian diplomacy. In the afternoon, in video in front of the French Parliament, President Volodymyr Zelensky had urged French companies to stop supporting the Russian “war machine”, also citing Leroy Merlin and Auchan. While Renault first announced its intention… Continue reading Under pressure from Ukraine, Renault suspends its industrial activities in Russia

First drive, Nissan Ariya: the stable relationship

Nissan invited the media out for a day at the track with the Nissan Ariya, the company’s long awaited second EV. After spending time driving and goofing with the crossover, I realize this vehicle is simply amazing. I think the Ariya is exactly what the American buying public would want and expect from an EV… Continue reading First drive, Nissan Ariya: the stable relationship

@Renault: RENAULT GROUP: Renault industrial activities in Russia are suspended000368

PRESS RELEASEMarch 23rd, 2022 Renault industrial activities in Russia are suspended Boulogne-Billancourt, March 23rd, 2022 – The Board of Directors of Renault Group met today and approved the following items: Renault Group activities in its manufacturing plant in Moscow are suspended as of today. Regarding its stake in AVTOVAZ, Renault Group is assessing the available… Continue reading @Renault: RENAULT GROUP: Renault industrial activities in Russia are suspended000368

Automotive: Nissan is muscle in Europe with hybrid

Nissan dealers in Europe can be rubbing their hands: their offering of electrified vehicles, so far quite poor, will be enriched with five new models this year. A boost that the Japanese manufacturer has detailed in recent days in front of the European press, drawing a strategy that gives pride of place to hybrid engines.… Continue reading Automotive: Nissan is muscle in Europe with hybrid

@Nissan: Nissan charges towards electrified future with new line-up and technologies000702

2022/03/22 Six electrified models with clear differentiation thanks to unique Nissan technologies New line-up delivers electrification with no compromise on excitement and driving pleasure Nissan to end investment in new pure internal combustion engines for passenger vehicles Nissan meets drivers’ mobility needs through a range of models with different levels of electrification PARIS, France –… Continue reading @Nissan: Nissan charges towards electrified future with new line-up and technologies000702

Renault resumes car production in Moscow as rivals cut ties with Russia

Renault resumes car production in Moscow as rivals cut ties with Russia Carmaker’s move backed by French government as Nestlé also comes under pressure to withdraw business Renault employs 40,000 people in Russia. Photograph: Evgenia Novozhenina/Reuters Renault employs 40,000 people in Russia. Photograph: Evgenia Novozhenina/Reuters The French carmaker Renault has resumed manufacturing in its plants… Continue reading Renault resumes car production in Moscow as rivals cut ties with Russia

German Handelsblatt: Automotive supplier: Continental sets aside millions due to diesel investigations004020

Continental headquarters in Hanover The group is due to the possible involvement in the diesel scandal in the sights of the investigation. (Photo: imago stock&people) The supplier Continental has set aside a high amount of millions because of the investigation into the diesel scandal. According to the annual report for 2021 published on Monday, a… Continue reading German Handelsblatt: Automotive supplier: Continental sets aside millions due to diesel investigations004020