Auto News 5

Japan's Nissan Motor Co. and French partner Renault said today they will supply electric cars to China, the world's largest auto market. Full story...

Russia's Banque Societe Generale Vostok has signed a memorandum to provide a loan to AvtoVAZ to pay for production and distribution licences from Renault. Full story...

An official of Formula 1's governing body FIA on Thursday had a high speed crash at the wheel of a contemporary grand prix car. Full story...

The head of partly state-owned automaker and Renault JV partner Iran Khodro has been replaced. Full story...

For more than a decade, auto shows held in Korea came and went unheralded, undervalued and unappreciated, being snubbed by foreign manufacturers (and even domestic manufacturers) who chose the likes of Tokyo - and more recently Beijing and Shanghai - to display their latest vehicles. Hyundai and Kia, the two largest car companies in Korea, usually accepted its tour of duty by unveiling showcars every two years, more out of obligation than anything else. But with a slew of concepts such as the Hyundai Blue-Will, Kia VG and Renault Samsung eMX making their debuts in Seoul this year, there are positive signs that attitudes are starting to change.

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The Renault-Nissan Alliance has inked a memorandum of understanding (MOU) with the Irish government and local energy supplier ESB which will put electric vehicles on Irish roads within two years. Full story...

France's Renault and Japan's Nissan will supply electric cars to the Irish market within two years as part of a government plan to have 10 percent of vehicles run on electricity rather than fossil fuels by 2020, Ireland's Energy Minister said on... Full story...

In the two weeks before the next grand prix in China, Renault should consider whether the KERS route was the right decision for the opening two rounds of 2009. Full story...

France's Renault and Japan's Nissan will supply electric cars to the Irish market within two years as part of a government plan to have 10 percent of vehicles run on electricity rather than fossil fuels by 2020, Ireland's Energy Minister said on... Full story...

Unwell Renault Formula 1 driver driver Fernando Alonso said on Friday he hopes to feel better when the Sepang event moves into qualifying and race mode of the Malaysian Grand Prix this weekend. Full story...

French carmaker Renault SA is aiming for its volumes in Asia and Africa this year to at least equal what it sold in 2008, despite a sharp global sales slowdown, a senior executive said today. Full story...

Nissan Motor and Renault hope to secure five deals for European electric car projects this year, after signing a deal with Monaco earlier this week, a senior executive said. Full story...

Renault is bracing for a "long crisis" that could last into 2011 but will not cut production lines in France while it receives state aid, a top executive has said. Full story...

Some 500 of the 1,000 assembly line workers at Renault do Brasil sent on compulsory paid vacations for up to four months have been summoned back to work this week. Full story...

Fitch Ratings cut its ratings on PSA/Peugeot-Citroen, Renault and Fiat to junk territory today, citing concerns about profitability. Full story...

Renault and PSA/Peugeot-Citroen are increasingly worried about the financial health of their suppliers and are looking for ways to help them, senior executives said today. Full story...

It has emerged that the cut to two-time World Champion Fernando Alonso's 2009 retainer represents more than a third of his originally contracted pay. Full story...

France's Renault opposes the idea of issuing new AvtoVAZ shares because the move would dilute its 25 percent stake in the struggling Russian carmaker, Renault's regional chief said on Friday. Full story...

In a continuing word exchange between the two sides in Formula 1's off-track war, Renault team boss Flavio Briatore has denied that the teams told Bernie Ecclestone they approved of the winner-takes-all scoring system for 2009. Full story...

Renault Formula 1 eam's technical director Pat Symonds has contradicted his boss Flavio Briatore over the rear diffuser saga. Full story...