Auto News 5

Nissan Motor's fourth quarter fiscal year loss will result in a negative charge estimated at EUR1,151m against Renault's first-half 2009 net income. Full story...

Ferrari and Renault have joined the Toyota and Red Bull teams who threatened to pull out of Formula One racing at the end of this season in protest over plans by the sport's governing body, the FIA, to push through an optional budget cap for the 2010 season. Full story...

New electric MPV lights the way for Renault's clean, green future. Full story...

Renault has confirmed it would quit formula one at the end of 2009 if the new rules imposed by the FIA are not changed. Full story...

Carlos Ghosn, CEO of both Nissan Motor and Renault, on Tuesday said he would not resign from the post at the Japanese automaker at least until it was profitable again. Full story...

The future of the Renault car assembly plant in Valladolid, Spain, is currently under discussion. Full story...

Carlos Ghosn, CEO of Nissan Motor Co. and Renault SA, said on Tuesday he would not resign from his post at the Japanese automaker at least until it was back making profits. Full story...

ONDAS Media S.A., the satellite radio company for Europe, today announced that it has entered into a commercial agreement to install satellite radio receivers in Renault vehicles and its affiliates across Europe. This agreement will allow Renault customers to enjoy the benefits of the uninterrupted signal quality that satellite radio brings, in addition to extensive, commercial-free content and programming to be broadcast by ONDAS Media. Full story...

Renault says it could close its under-used factory in Valladolid, near Madrid, unless the Spanish government provides financial aid to help it build a new model in the plant. Full story...

Renault says it could close its under-used factory in Valladolid, near Madrid, unless the Spanish government provides financial aid to help it build a new model in the plant. Full story...

The Renault Formula 1 team is not yet joining the threats of a 2010 entry boycott, but team boss Flavio Briatore has made clear his opposition to a 40m pounds sterling budget cap. Full story...

PARIS (Reuters) -- Renault CEO Carlos Ghosn, has been appointed chairman of the French carmaker, in an anticipated management change. Full story...

Renault board chairman Louis Schweitzer has reliinquished the post, the automaker said today. Full story...

Renault announced Thursday that its Romanian subsidiary Dacia would begin selling the low-cost Sandero Stepway crossover in Europe starting in September. Full story...

New electric MPV lights the way for Renault's clean, green future.

Full story...

Renault, which plans to begin mass marketing "affordable" electric vehicles in 2011, has taken the wraps off a new prototype at its annual shareholder meeting in Paris. Full story...

The Renault Formula 1 Team has abandoned KERS at least for the next seven races, the Spanish sports newspaper Diario AS claims. Full story...

May 7, 2009 At the Annual General Meeting of May 6, 2009 Louis Schweitzer, Chairman of the Board of Directors, confirmed that he would not renew his directorship. The Board of Directors named Carlos Ghosn Chairman of the Board of Directors, alongside his current responsibilities, and appointed him President and CEO of Renault. Full story...

Interest appears to be heating up for two brands that General Motors is trying to shed. Full story...

Renault-Nissan is talking to General Motors about buying GM's Saturn line, according to two different published reports today. Full story...