Nissan Motor stated Friday that Hiroto Saikawa would remain as chief executive, backing the protege of former chairman Carlos Ghosn even as top shareholder Renault had previously pushed for a modification in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be observed as a rebuff to Renault SA, which has pushed for leadership modifications […]
Thierry Bollore
Renault-Nissan leaders to hold talks during a two day meeting
The head of Nissan Motor and acting CEO of Renault will hold talks during a two day meeting of their automaking partnership starting on Tuesday, sources stated, amid a crisis in relations rocked by the arrest of Carlos Ghosn. Nissan CEO Hiroto Saikawa is going to meet Renault deputy CEO Thierry Bollore. It is their […]
Renault to appoint finance executives to board after Desmarest departure
Renault will work with insurance boss Thierry Derez to its board, sources informed Reuters, replacing senior director Thierry Desmarest, who resigned prior a crucial meeting on succession preparation for the automaker Chief Executive Carlos Ghosn. Another finance executive, former Credit Suisse France CEO Pierre Fleuriot, will be selected to be succeed retiring director Marc Ladreit […]
Renault signs a new joint venture deal in Iran
Renault said on Monday it agreed on a new joint venture deal in Iran after an initial collaboration contract struck in 2016, which Renault said would enhance its development in the country. Western companies, consisting of Renault and PSA went back to do business in Iran since 2016 after a deal to remove sanctions in […]
Renault sees diesel vanishing from most of its European cars
Renault expects diesel engines to vanish from the majority of its European vehicles, company sources informed Reuters, after the French automaker reviewed the costs of conference tighter emissions requirements following the Volkswagen scandal. The sober reassessment was provided at an internal conference before the summertime break. It demonstrates how, a year after Volkswagen admitted engineering […]
