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French automobile manufacturing company

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Renault: French automobile manufacturing company
Groupe Renault is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles.

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Fiat Chrysler closing in on $7 bln loan deal [Video]

Fiat Chrysler closing in on $7 bln loan deal

Italy could soon announce a $7 billion loan for Fiat Chrysler, in what would be the biggest such deal for any European carmaker. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:09Published
Renault shares jump after state-backed loan deal [Video]

Renault shares jump after state-backed loan deal

Renault has sealed a state-backed loan totalling 5 billion euros, sparking a big jump in its share price Wednesday. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:02Published
Renault job losses: French automaker suffers a slump in demand [Video]

Renault job losses: French automaker suffers a slump in demand

French automaker Renault is to slash 15,000 jobs worldwide, in a bid to save billions of dollars.

Credit: Al Jazeera STUDIO     Duration: 01:55Published
Coronavirus latest: French carmaker Renault to cut thousands of jobs [Video]

Coronavirus latest: French carmaker Renault to cut thousands of jobs

Coronavirus latest: French carmaker Renault to cut thousands of jobs

Credit: Euronews English     Duration: 01:44Published
Protests flare as Nissan shuts plants [Video]

Protests flare as Nissan shuts plants

Nissan has set out plans to slash costs after reporting its first annual loss in 11 years, sparking protests at one plant in Barcelona that is slated to shut. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:36Published
Renault, Nissan deepen ties in bid to survive [Video]

Renault, Nissan deepen ties in bid to survive

Renault and Nissan have set out plans to revive their alliance as they battle a global slump in sales. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:20Published
Renault, Nissan shelve merger, aim to repair ties - sources [Video]

Renault, Nissan shelve merger, aim to repair ties - sources

Reuters sources say Renault and Nissan have given up all plans for a merger, but will announce plans for reviving and restructuring their alliance. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:31Published

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Renault-Nissan Facing Claims of Emission Cheat Devices

renault-nissan facing claims of emission cheat devices
Renault and Nissan have been accused of employing emission cheat devices to improve recorded pollution levels in both diesel and gasoline engines. A UK law firm has filed a lawsuit against the..
WorldNews - Published

France approves €5 billion emergency loan for Renault

france approves €5 billion emergency loan for renault
PARIS: The French government said Tuesday that it had signed off on a state-backed loan of five billion euros ($5.6 billion) for carmaker Renault, where the coronavirus crisis has compounded months of..
WorldNews - Published

Renault is slashing its workforce, other carmakers may follow

renault is slashing its workforce, other carmakers may follow
: About 8 million people around the world earn their living making cars and trucks. It’s becoming clearer that not all of them will come out of the pandemic with jobs. French carmaker Renault..
WorldNews - Published

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought..
Reuters - Published

Renault announces 15,000 job cuts worldwide

renault announces 15,000 job cuts worldwide
Struggling French car maker Renault has announced 15,000 job cuts worldwide as part of a two billion euro (£1.8 billion) cost-cutting plan over three years. Renault said nearly 4,600 jobs will be cut..
WorldNews - Published Also reported by •Reuters

Renault to restructure French factories in bid to slash costs

Renault said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to cut around 15,000 jobs worldwide.
Reuters - Published

Renault cuts 15,000 jobs in major restructuring

The French carmaker announces a €2bn cost-cutting plan after seeing a collapse in sales.
BBC News - Published

Renault prepares for 15,000 job cuts

The French carmaker in February reported its first annual loss in a decade
BBC News - Published

Renault and Nissan rule out merger as they unveil survival plan

renault and nissan rule out merger as they unveil survival plan
Paris: Renault, Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car production to save costs and salvage their..
WorldNews - Published Also reported by •Reuters

Factbox: Renault and Nissan's plan to rebuild their alliance

The automaking alliance of Renault SA , Nissan Motor Co and Mitsubishi Motors Corp outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies..
Reuters - Published

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

Renault SA , Nissan Motor Co and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard..
Reuters - Published

Renault has no problems in relations with French state: chairman

Renault Chairman Jean-Dominique Senard said on Wednesday that relations with the French government were fine, even as the state continues to haggle over finalising a 5 billion euros ($5.5 billion) loan..
Reuters - Published

Renault's Senard says it does not need to merge with Nissan

Renault Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan and Mitsubishi .
Reuters - Published

Renault and Nissan deepen cooperation in bid for survival

Renault , Nissan Motor Co and Mitsubishi Motors Corp said on Wednesday they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs..
Reuters - Published

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking..
Reuters - Published

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world's biggest automaker by 2022.
Reuters - Published

France unveils £7.1 billion plan to rescue ailing car industry

france unveils £7.1 billion plan to rescue ailing car industry
France’s Government is injecting more than eight billion euro (£7.1 billion) to save the country’s car industry from huge losses wrought by virus lockdowns. It wants to use the crisis to make..
WorldNews - Published

Vettel can strike out another team before 2021: "I can't pay him''

vettel can strike out another team before 2021: i can't pay him''
Vettel seems to have the greatest chance of getting a seat at Mercedes or Renault, but the question is whether the teams and also Vettel have a need for this. In any case, the German doesn't seem to..
WorldNews - Published

France warns Renault could disappear; Nissan plans job cuts

france warns renault could disappear; nissan plans job cuts
Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was..
WorldNews - Published

Renault to re-open its Sandouville plant on Friday: union source

renault to re-open its sandouville plant on friday: union source
French carmaker Renault will re-open its Normandy-based Sandouville plant in northwestern France on Friday, a trade union source told Reuters on Wednesday. ......
WorldNews - Published

Daniel Ricciardo: First race after coronavirus break will be 'chaos'

Renault's Daniel Ricciardo expects the first race of the season to be chaotic after the long break enforced by the coronavirus crisis.
BBC News - Published

Renault sells its stake in Chinese joint venture to partner Dongfeng Motor

renault sells its stake in chinese joint venture to partner dongfeng motor
PARIS — French carmaker Renault said on Tuesday it was selling out of its stake in a Chinese joint venture with Dongfeng Motor Corporation to Dongfeng, which Renault said would help...
WorldNews - Published

Renault furloughs 'vast majority' of UK staff

Renault says "the vast majority" of staff at its UK Formula 1 base have been put on enforced absence until at least the end of May.
BBC News - Published

Carmaker Renault shuts all plants apart from in China and South Korea

carmaker renault shuts all plants apart from in china and south korea
French carmaker Renault said production at all its plants across the world had been halted due to the impact of the...
WorldNews - Published

Mitsubishi Corp could take 10% stake in Renault in alliance rejig: report

mitsubishi corp could take 10% stake in renault in alliance rejig: report
Japanese conglomerate Mitsubishi Corp...
WorldNews - Published

Exclusive: Nissan to pull out of venture fund with Renault in cost-cutting drive, sources say

Nissan Motor Co is likely to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve..
Reuters - Published

French judges step up Ghosn probe over palace party, Oman dealings

French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal..
Reuters - Published

Renault reports first net losses in decade for 2019

renault reports first net losses in decade for 2019
Renault said on Friday that it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan. Renault said in a statement it..
WorldNews - Published

Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker's earnings forecast and dividend raised questions about its future..
Reuters - Published

Renault sets lower profit goal in crunch reboot year

French carmaker Renault on Friday posted its first profit loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal..
Reuters - Published

French govt study reveals minorities face discrimination for jobs at major firms

A new study by the French government unveiled on Thursday has found potential discrimination against minorities in the hiring practices among seven of the country's major companies, including Renault...
France 24 - Published

Renault to halt output at South Korean unit due to China supply disruptions

French carmaker Renault said on Friday its South Korean subsidiary RSM would suspend production at its Busan site for four days from Feb. 11 due to supply chain disruptions in China, where a virus..
Reuters - Published

Renault-Nissan can overhaul alliance without ownership change, chairman says

Renault and Nissan can improve their alliance without altering ownership, the chairman of the Franco-Japanese partnership said on Thursday, rolling back from a previous push toward a full-blown merger..
Reuters - Published

Renault turns to VW's De Meo as car maker seeks fresh start

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalizing a long-awaited..
Reuters - Published

Renault chooses VW's Luca De Meo as new CEO

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the carmaker looks to draw a line under a year of turmoil by finalising a long-awaited..
France 24 - Published

Luca De Meo named chief of French carmaker Renault

luca de meo named chief of french carmaker renault
Renault has named Luca de Meo as its chief executive as the French carmaker looks to stabilise the company following the chaos that engulfed the group after the ousting of former boss Carlos Ghosn more..
WorldNews - Published

Factbox: Return to Paris - De Meo set to take the wheel at Renault

Renault's board is expected to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive.
Reuters - Published

Renault poised to name VW manager De Meo as CEO: sources

Renault's board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, two sources familiar with the matter..
Reuters - Published

Renault, Nissan share 'real desire' to make alliance work: chairman

Renault Chairman Jean-Dominique Senard said on Thursday there was a "real desire" at the helm of the carmaker's alliance with Nissan to make it a success, dismissing suggestions the two decade..
Reuters - Published

Renault-Nissan alliance operating board to meet by the end of January: Senard

Renault chairman Jean-Dominique Senard said on Thursday the operating board of the Renault-Nissan alliance would meet by the end of January to decide on joint industrial initiatives.
Reuters - Published

Renault chairman says 'no stress' to appoint new CEO

Renault chairman Jean-Dominique Senard said on Thursday there was "no stress" to appoint a new chief executive at the helm of the French carmaker, adding current interim arrangements were working well.
Reuters - Published

France's Macron says he raised concerns with Japan over Ghosn detention

French President Emmanuel Macron said on Wednesday he had previously spoken to Japan's prime minister about the conditions former Nissan-Renault boss Carlos Ghosn was being held under.
Reuters - Published

Nissan denies reported plans to split with Renault

nissan denies reported plans to split with renault
TOKYO: Nissan is "in no way" planning to end its partnership with Renault, the Japanese auto giant insisted on Tuesday (Jan 14) after a report suggested a divorce was possible in the wake of the Carlos..
WorldNews - Published

Nissan insists partnership with Renault will continue

nissan insists partnership with renault will continue
Tokyo — Nissan is “in no way” planning to end its partnership with Renault, the Japanese carmaker says after a report suggested a divorce was possible in the wake of the Carlos Ghosn scandal...
WorldNews - Published

Renault shares fall on worries Nissan alliance doomed without Ghosn

Renault shares hit six-year lows on Monday as investors worried the French automaker's 20-year cost-sharing alliance with Nissan is headed for a break-up without Carlos Ghosn to hold it together.
Reuters - Published

Renault shares fall on worries Ghosn flight has deepened Nissan rift

Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan that could lead to a break-up of the 20-year..
Reuters - Published

Nissan pushes for split from Renault after Ghosn’s dramatic escape – media

nissan pushes for split from renault after ghosn’s dramatic escape – media
Former head of the Nissan-Renault alliance Carlos Ghosn’s daring escape from Japan could have put another nail in the coffin of the already troubled partnership, as Nissan is reportedly beefing up..
WorldNews - Published

How Carlos Ghosn became the world's most famous fugitive

how carlos ghosn became the world's most famous fugitive
On Christmas Eve, Carlos Ghosn walked into his lawyers' modest office in central Tokyo to speak to his wife, Carole, for only the second time since April. During his long odyssey through the Japanese..
WorldNews - Published

Ghosn: I thought Versailles palace party venue was a gift

Former Nissan-Renault boss Carlos Ghosn said on Wednesday he had not initially paid to hold a family party in the grounds of the sumptuous Versailles Palace because he thought the palace was offering..
Reuters - Published


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