Honda, Nissan move to closer tie-up as competition intensifies, source says TOKYO: Honda and Nissan,are moving towards a closer tie-up with talks of setting up a holding company, a source... Published 18 Dec, 2024 08:18am
Business & Finance Nissan seeks investor to replace some of Renault’s equity holding, FT reports Nissan Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of... Published 26 Nov, 2024 11:12am
Business & Finance In high-wage Germany, VW’s labour costs outstrip the competition BERLIN/FRANKFURT: As Volkswagen and unions gear up for the next round of talks over wages and plant closures in... Published 20 Nov, 2024 11:53am
Business & Finance Renault posts forecast-beating 1.8% rise in Q3 sales PARIS: French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong demand for... Published 24 Oct, 2024 01:05pm
Technology Renault, Geely create joint venture for hybrid, combustion engines Automaker Renault and Chinese peer Geely on Friday announced the creation of a 50-50 joint venture for hybrid and... Published 31 May, 2024 11:05am
Business & Finance Renault to sell about 2.5% of Nissan shares for up to 362 million euros PARIS: French car maker Renault said in a statement it plans to sell about 2.5% of Nissan’s shares to the Japanese... Published 27 Mar, 2024 01:56pm
Business & Finance Nissan could seek partnership on EVs with Honda, Japanese media say TOKYO: Nissan Motor is considering seeking a business partnership with Honda Motor , TV Tokyo reported on Wednesday,... Published 22 Mar, 2024 04:57am
Technology Nissan considering partnership with Honda on EVs TOKYO: Nissan Motor is considering seeking a business partnership with Honda Motor on key components for electric... Published 15 Mar, 2024 10:27am
Business & Finance Renault swings to growth after 4 years of sluggish volumes Renault on Wednesday posted an increase in its annual global sales volumes, returning to growth after four... Published 17 Jan, 2024 12:33pm
Business & Finance Renault to sell 5% tranche of Nissan stake PARIS: French carmaker Renault will sell a tranche of around 5% of its stake in Japan’s Nissan as part of a wider... Published 12 Dec, 2023 12:57pm
Business & Finance Renault announces plans to cut its vehicle production costs PARIS: French carmaker Renault announced plans on Thursday to cut its production costs per vehicle, and also said it... Published 07 Dec, 2023 12:41pm
Technology Nissan, Mitsubishi still plan investment in Renault EV unit PARIS: Renault’s long-standing partners Nissan and Mitsubishi still intend to invest in the French car maker’s... Published 06 Dec, 2023 01:49pm
Business & Finance Renault cuts Nissan stake to 15% after transferring shares to trust TOKYO: France’s Renault has cut its stake in Nissan to 15% from about 43% by placing 28.4% of the Japanese automaker... Published 08 Nov, 2023 01:07pm
Business & Finance Renault sales up 7.6% thanks to higher prices but forex weighs PARIS: French carmaker Renault said on Thursday its revenues rose by 7.6% in the third quarter thanks to sales of... Published 19 Oct, 2023 10:53am
Business & Finance Nissan says all new models coming to Europe will be fully electric LONDON: Nissan Motor Co said on Monday that as of now all new models it launches in Europe will be fully electric... Published 25 Sep, 2023 06:24pm
Business & Finance Nissan, Renault ready to announce new alliance deal in days TOKYO: Nissan and Renault will make an announcement in the coming days on their restructured alliance and have... Published 19 Jul, 2023 11:42am
Business & Finance Nissan shareholders back board at first AGM since striking alliance deal TOKYO: Nissan Motor shareholders on Tuesday backed Chief Executive Makoto Uchida and other board nominees at its... Published 27 Jun, 2023 09:27am
Business & Finance Renault revenues rise 30% in Q1 on higher sales and prices PARIS: French car maker Renault said on Thursday revenues had grown by 30% in the first quarter thanks to a rebound... Published 20 Apr, 2023 10:21am
Business & Finance Renault reviewing prices worldwide after Tesla cuts PARIS: French carmaker Renault is reviewing its pricing policies for electric cars worldwide to ensure it stays... Published 18 Apr, 2023 06:21am
Business & Finance Renault reviewing prices worldwide after Tesla cuts PARIS: French carmaker Renault is reviewing its pricing policies of electric cars worldwide to ensure it stays... Published 17 Apr, 2023 01:22pm
Business & Finance Nissan, Renault plan India reboot with $600m investment in new models NEW DELHI/TOKYO: Nissan Motor Co and Renault SA will invest $600 million to make six new models in India, one of... Published 20 Feb, 2023 06:26am
Business & Finance Renault suffers net loss of 338mn euros in 2022 due to Russia exit BOULOGNE-BILLANCOURT: French automaker Renault said Thursday the sale of its operations in Russia pushed the company... Published 16 Feb, 2023 11:37am
Business & Finance Nissan, Renault to invest $600 million to make new models in India TOKYO: Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India.... Published 13 Feb, 2023 01:19pm
Business & Finance Nissan to buy up to 15pc stake in Renault EV unit LONDON: Japanese car maker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, ... Published 07 Feb, 2023 06:07am
Business & Finance Renault, Nissan boards approve ‘rebalanced’ alliance LONDON: The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their... Published 06 Feb, 2023 12:53pm
Business & Finance Nissan, Renault reach agreement for Renault to lower stake to 15%: Nikkei TOKYO: Nissan Motor Co and Renault SA have reached an agreement to lower the French automaker’s stake in the... Published 30 Jan, 2023 09:13am
Business & Finance Renault, Nissan aim to announce deal on reshaped alliance on Feb 6 TOKYO/PARIS: French car maker Renault and its Japanese partner Nissan Motor aim to formally unveil a deal to reshape... Published 26 Jan, 2023 04:48pm
Business & Finance Renault group sales fall 5.9% in 2022, Europe order book at record levels PARIS: Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline... Published 18 Jan, 2023 01:05pm
Business & Finance Renault sales fall for 4th straight year PARIS: The Renault group on Tuesday said sales at its flagship brand fell for a fourth consecutive year in 2022 to... Published 17 Jan, 2023 02:27pm
Business & Finance Nissan directors endorse steps to reach deal with Renault TOKYO: A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and endorsed pressing ahead on... Published 17 Jan, 2023 11:23am