Formula one costs more than expected, according to Renault's new majority team owner Gerard Lopez.
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The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout...
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The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout...
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Renault pulls the wraps off an updated version of the Laguna ahead of its Paris debut.
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Renault pull the wraps off an updated version of the Laguna ahead of its Paris debut.
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French carmaker Renault SA is reportedly considering buying back a majority stake in the formula one team that bears its name.
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The Renault-Nissan Alliance will increase production in Korea to cut its reliance on Japan as a manufacturing base as the yen strengthens, Chief Executive Officer Carlos Ghosn said.
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After a flying start in 2009, Smart sales are crashing in the United States. But there's hope for the European microcar brand.
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Renault-Nissan plan to increase production in South Korea to cut their reliance on Japan as a manufacturing base as the yen strengthens, CEO Carlos Ghosn said.
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After a flying start in 2009, Smart sales are crashing in the United States. But there's hope for the European microcar brand.
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Third victory of the season for the McLaren driver in front of Mark Webber (Red Bull) and Robert Kubica (Renault).
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Avtovaz will launch a new ultra-cheap Lada next year, selling for EUR5,600 (US$7,100), its French partner Renault said on Friday.
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Renault plans to introduce five cars in India between 2011-2013, including a small car. "We will launch five cars in the next two-year period between mid 2011 to mid 2013. We will start with our Fluence sedan," Renault India country general manager Marc Nassif told just-auto in New Delhi, confirming earlier wire service reports. Renault will later add the Koleos SUV.
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Red Bull is reportedly closing on a deal to be equipped with Mercedes rather than Renault engines for the 2011 season. Meanwhile, Renault is likely to supply not only the engine but also the gearbox to Lotus in 2011, according to reports.
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Renault expects to sell 75,000 cars a year in India by 2013 and will launch five cars between now and then, according to general manager Marc Nassif.
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Renault's Indian unit will launch five cars between mid-2011 and mid-2013, including small cars in 2012, to cater to brisk demand in one of the world's fastest growing automobile markets.
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Work has resumed at Renault's Grand Couronne warehouse near Rouen, following a massive fire yesterday (24 August) that completely destroyed one of three buildings at the depot.
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Renault is introducing its new Latitude model at the Moscow motor show and said it would launch the Duster, the new automatic Logan, Sandero and Sandero Stepway in Russia (assembled from complete knockdown or CKD kits), as well as local assembly of the Fluence sedan and Mégane hatchback (from semi-knock down or SKD kits) in Russia. These vehicles will be produced starting this year and next.
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Renault is one of the key players in the Russian automobile industry. Since 2005, in partnership with the Government of Moscow (Avtoframos), it has successfully developed its production facilities in the country and in 2008, Renault became the strategic partner of AvtoVAZ. The alliance between Renault-Nissan and AvtoVAZ plans to capture 40% of the Russian market by 2015.
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Russian manufacturer Sibur Russian Tyres has started supplying Moscow-based car maker Avtoframos, controlled by Renault, the tyremaker said.
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