French prosecutors are probing a party which former Renault-Nissan chairman Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer. Prosecutors have been checking whether Ghosn – currently in Lebanon after he fled from Japan on […]
Renault
All articles related to French automaker Renault.
French anti-corruption agency carries out checks on Renault
Renault on Wednesday stated France’s anti-corruption agency was conducting checks at the company, though a source at the automaker, which was rocked by the arrest of former executive Carlos Ghosn, stated the inspection was a routine matter. French magazine Challenges was first to report the inspection though the report lacked further details. There was no […]
Renault expects some decline in 2020 car market in some parts of Eurasia
Renault stated on Friday it expected a slight drop in the auto market in Europe, Russia, and China this year following the report published by the French automaker showing a 3.4% fall of worldwide sales in 2019. Sales increased by 1.3% to 1.94 million units in Europe but dropped 17.2% in China. Sales also dropped […]
Renault-Nissan alliance operating board to meet before the end of January
Renault chairman Jean-Dominique Senard stated on Thursday the operating board of the Renault-Nissan alliance is set to meet by the end of January to discuss joint industrial initiatives. Senard refused to go into more details of what these joint projects might be. He said cost savings could be major in the future but did not […]
PSA names two former Renault, Nissan officials to head DS and Citroen
French automaker PSA on Wednesday hired two executives it recruited just now from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands and added them to its global executive committee. PSA stated Beatrice Foucher, presently deputy DS chief executive and an ex-Renault manager would take the place of Yves Bonnefont as DS CEO. […]
Renault, Nissan confirms alliance not headed for break-up
Shares in Renault made recovery of some lost ground on Tuesday following the confirmation made by French automaker and its Japanese partner Nissan Motor, that they reject the media reports regarding their alliance being in danger of dissolution. Increasing concerns about the state of the 20-year old French-Japanese alliance, forged by former chairman Carlos Ghosn, […]
France expects Renault to name new CEO in a few days, says Le Maire
French Finance Minister Bruno Le Maire stated on Tuesday he expected French automaker, Renault, to name its new CEO in a few days. Le Maire also stated on French CNews TV that media reports that some Nissan executives aimed to break up the alliance with Renault were “malicious”. Nissan stated on Tuesday it was “in […]
French lawyer of Ghosn says Japan failed to arrange a fair trial
Former Nissan chairman Carlos Ghosn’s lawyer on Friday informed the Japanese government that the officials had failed to arrange for a fair trial that respected universal rights. Francois Zimeray, French lawyer for Ghosn, stated that it had been for prosecutors of Japan to prove the Ghosn’s guilt, not for Ghosn to prove his innocence. “It […]
Renault-Nissan should have merged with Fiat Chrysler, says Carlos Ghosn
Carlos Ghosn, the former chairman of the Renault-Nissan alliance, on Wednesday, discussed the failure of the automakers to merge with Fiat Chrysler, which has since combined with Peugeot. Speaking publicly for the first since fleeing from Japan at the end of the last year, Ghosn informed reporters in Beirut, Lebanon’s capital, that he had been […]
Renault hires former PSA research chief Gilles Le Borgne
French automaker Renault has appointed Gilles Le Borgne as executive vice-president engineering and a member of the Group Executive Committee (CEG), effective on 6 January, the company has stated in a release. Gilles Le Borgne will report to Clotilde Delbos, the Chief Executive Officer of the group for an interim period. He will take the position of Gaspar Gascon […]
Carlos Ghosn is in Lebanon, says he ‘escaped injustice’
Former Nissan and Renault Chairman Carlos Ghosn, who was not allowed to leave Japan whilst awaiting trial on charges of financial misbehavior, on Tuesday stated he was in Lebanon. “I have not fled justice – I have escaped injustice and political persecution,” Ghosn stated. He stated that he would “no longer be held hostage by […]
Nissan’s ex-chairman Carlos Ghosn in surprise Lebanon arrival
Carlos Ghosn has reportedly travelled to Lebanon after departing from Japan The Financial Times newspaper quotes an associate of Carlos Ghosn’s saying the former Nissan’s chairman landed in Beirut, Lebanon on Sunday. Official sources have yet to confirm this information. Ghosn was arrested over allegations of financial misconduct in 2018 and faces several charges. Ghosn […]
Renault offers CEO job to Volkswagen SEAT’s Luca De Meo
Renault has offered the chairman of Volkswagen’s SEAT brand, Luca de Meo, the job of chief executive. This was reported by the Spanish newspaper La Vanguardia on Saturday, citing anonymous sources. The report stated De Meo would initially become CEO of Renault for two years before he would take the responsibility for the group’s alliance […]
Hadi Zablit promoted to general secretary of Renault, Nissan alliance
Renault, Nissan Motor and Mitsubishi Motors on Wednesday stated they had promoted Hadi Zablit to general secretary of their automaking alliance to speed up the business efficiencies throughout the companies. Zablit, senior vice president of business development at the alliance, takes up the recently created position on Monday and will concentrate on maximizing the contribution […]
Renault close to finalizing shortlist for new CEO
Renault is close to making a final decision on the shortlist of names for the post of CEO and could finish the shortlist before the end of 2019, said Renault chairman Jean-Dominique Senard. Senard informed reporters on the sidelines of a French automaker conference that the shortlist would be completed “in a very short space […]
