Simon Sproule, who earlier this year left his job as head of global communications for Nissan Motor Co., will return to handle global communications for the Nissan and Renault S.A. alliance.
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Russia's AvtoVAZ, which is partly owned by France's Renault SA, denied on Tuesday it plans large-scale layoffs after suppliers said the company told them it was overstaffed by about 25 percent, or 27,000 workers.
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Renault's first half financial results - due to be announced later this week (July 30) - are expected to show some improvement in trend, but the company continues to be dragged down by a poor European market showing this year.
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Martin Brundle on Monday made a link between the recent terrible incidents involving Henry Surtees and Felipe Massa, and FIA stewards' decision to ban Renault from the forthcoming European grand prix.
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Renault has been banned from the forthcoming European grand prix but will appeal the exclusion.
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Formula one team Renault's costs last year were the highest in the history of the sport, according to the British newspaper The Daily Telegraph.
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Workers at bankrupt French supplier New Fabris have won severance pay averaging EUR28,500 (US$40,500) after threatening to blow up their factory along with components destined for Renault and PSA Peugeot Citroen.
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Volvo Group - owner of truck brands Volvo Trucks, Renault Trucks, Nissan Diesel and Mack - posted its biggest-ever quarterly loss on Tuesday as write-offs amounting to more than SKR3bn dented profitability.
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Renault Group on Monday said market share in the first half was stable at 3.7% though sales fell 16.5% in a global car and LCV market down the same amount.
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Renault expects the Brazilian vehicle market, Latin America's largest, to grow about a third to 4 million units by 2014 as household income and Latin America's largest economy recover from a downturn, its managing director for Brazil and Mercosur...
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Renault's global sales fell 16.5% in the first half of the year compared to the same period last year to 1.1m units. But the company, which is due to publish full results on 30 July, said that it generated "significantly positive cash flow" thanks to its cost-cutting measures introduced in February.
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French auto workers are continuing to threaten to blow up their car parts factory after talks between their union and the car maker Renault fell through last night.
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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its passenger-car sales fell 13.
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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its sales of passenger car sales fell 13.
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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its passenger-car sales fell 13.
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The Slovenian government is to invest EUR14.3m (US$19.9m) in Renault's Revoz factory for the production launch of a new city car, the country's economy minister said.
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Renault could do better in Brazil, according to CEO Carlos Ghosn who added that the French carmaker's 5-6% market share is "below our potential." He wants to increase that to 10% although he did not give a timeframe for the rise.
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Renault-Nissan must double its market share in Brazil to at least 10 percent to stay competitive and fend off rivals in Latin America's largest economy, CEO Carlos Ghosn said.
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Slovenia's government awarded 14.3 million euros ($20.09 million) in state aid to Renault's local operations, Economy Minister Matej Lahovnik said.
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Renault-Nissan must double its market share in Brazil to at least 10 percent to stay competitive and fend off rivals in Latin America's largest economy, CEO Carlos Ghosn said.
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