France President Macron vows to maintain Renault-Nissan stability

Emmanuel Macron images

France will collaborate to maintain the stability of Renault and its alliance with Nissan, France President Emmanuel Macron stated on Monday, following the Japanese automaker action to oust Chairman Carlos Ghosn over alleged financial misconduct. “It’s too early to comment on the reality or materiality of the accusations, about which I have no further information,” […]

Following cyber attacks on Renault, French agency warns of more attacks

Renault logo

French government cyber security company ANSSI stated on automaker Renault was not the only entity hit by the ransomware cyber attack recently and warned of other possible attacks soon. “There are others,” Guillaume Poupard, head of the company, ANSSI, stated. The federal government body was dealing with the victims on recovery. Companies all over the […]

French prosecutors investigates Renault over ‘cheating’ in diesel emissions

Renault Kaptur compact suv

French prosecutors are investigated Renault due to presumed cheating on vehicle exhaust emissions, which triggered the automaker’s shares to drop. On Friday, prosecutors stated they would check out possible cheating by Renault, after independent French specialists discovered precariously high levels of emissions from diesel motor of numerous automakers. Renault insisted its engines followed “French and […]

Renault’s Carlos Ghosn sees pay row with government in election year

Carlos Ghosn Renault-Nissan

Renault Chief Executive Carlos Ghosn anticipates the French federal government to oppose his pay package in 2017, he informed Reuters in an interview, setting the stage for another investor conference clash – this time in an election year. “I do not believe there’s any possibility that they will approve” Renault’s pay proposals, Ghosn stated of […]