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Renault Alpine A110 Sportscar 2017 Geneva show

Renault5 years ago

Renault to cut 1,500 engineering jobs in France

French automaker Renault plans to cut 1,500 engineering jobs in France, a trade union source informed Reuters on Tuesday. The engineering job cuts are part of cost savings plans that

Renault5 years ago

Nissan email trail supports claims of Carlos Ghosn about takedown

Former Nissan CEO Carlos Ghosn always said he was set up and now there’s some evidence to support the businessman’s claim. According to people knowledgeable with what happened and previously

Nissan5 years ago

Renault’s relations with Nissan much improved, says Senard

French automaker Renault’s partnership with Japanese automaker Nissan Motor has entered an “incredibly positive” phase following episodes of strained relations in recent times, the Renault’s chairman Jean-Dominique Senard said on

Renault5 years ago

Renault finalizes 5 billion euro state-backed loan

Renault finalized a 5 billion euro ($5.60 billion) loan on Wednesday from with the French government, boosting the automaker’s finances following the coronavirus crisis which has damaged the auto industry.

Renault5 years ago

Renault says they have no plans to close Maubeuge plant

French automaker Renault has no plans to shut down its Maubeuge plant in northern France, Chairman Jean-Dominique Senard stated on Sunday, two days after the automaker announced 15,000 job cuts

Renault5 years ago

Renault to cut 15,000 jobs as a part of cost-cutting plan

French automaker Renault said Friday that it would cut almost 15,000 jobs, including 4,600 at its major French operations, as a part of a major restructuring as it seeks to

Renault5 years ago

Renault will take 3.6 billion euro hit from Nissan losses

French automaker Renault said on Thursday that losses at its Japanese partner Nissan, in which holds a 43% stake, would drag on its on net revenues by 3.6 billion euro

Renault5 years ago

Renault loan still not signed, site closures must be last resort, says Le Maire

French Finance Minister Bruno Le Maire on Thursday stated that the government was yet to sign off on a planned 5 billion euro ($5.5 billion) loan for Renault. Le Maire

Nissan5 years ago

Renault and Nissan rule out merger as they reveal survival plan

Renault, Nissan Motor and Mitsubishi Motors have ruled out a merger on Wednesday and doubled down on a strategy to cooperate more closely on auto production in order to save

Renault5 years ago

Renault could close plants and cut jobs this week

French automaker Renault could reveal job cuts and plants closures on Thursday as the company looks to converse 2 billion euros ($2.2 billion) in costs, a representative for far-left union

Renault5- Page

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