All articles related to French automaker Renault.
Renault-Nissan alliance bankers have prepared strategies created to channel millions of euros in additional, undisclosed rewards to CEO Carlos Ghosn and other officials by means of a specifically created service company, as per the documents seen by Reuters. Under the initial proposal, Renault, Nissan and Mitsubishi would pay the Dutch-registered company a share of new
Renault-Nissan is preparing strategies to develop a 100 megawatt power storage plant in Europe, sources informed Reuters, intending to provide electric car batteries a second life in a task that could ultimately take on energy companies. Like competitor Tesla’s energy storage business, the Renault-Nissan relocation highlights its desire to cultivate a second-hand battery market while
Renault-Nissan CEO Carlos Ghosn is recruiting a new operational second-in-command for the automaking alliance, company sources informed Reuters, in a move created to prepare his own succession and advance the companies’ combination. Under the strategy, the presently separate chief competitive officer (CCO) functions at Renault and Nissan would be merged into a single position at
Three shareholder activist groups asked the French market regulator to investigate Renault-Nissan CEO Carlos Ghosn’s possible conflicts of interest and possible breaches of governance by the carmaking alliance. Proxinvest, which advises financiers how to vote on corporate corporate problems, and U.S. activist CtW, put their case for a Renault-Nissan evaluation in a 24-page letter to
French automakers Renault and Peugeot have committed to increasing their orders from ailing components-maker GM&S Industry following the conversation of their CEOs with Economy Minister Bruno Le Maire, his ministry stated. The future of the business, which has 277 individuals in central France and is dealing with liquidation, was a top priority of President Emmanuel