Renault ousts CEO Bollore, hoping to close out Ghosn era
French automaker Renault sacked its chief executive Thierry Bollore Friday, the latest turbulence to rock the company since his predecessor Carlos Ghosn was arrested on financial misconduct charges last year. In a terse statement, Renault gave no reason for Bollore's ouster nine months after he was named to follow Ghosn, who had been preparing to…
Renault optimistic about Nigeria’s auto sector
With the reintroduction of the Renault brand in Nigeria, the French automobile giant is optimistic that the product will compete with used cars in the country.
Coscharis Group to assemble Renault brand in Nigeria
Following the announcement of partnership between Groupe Renault and Coscharis Group, French automobile brand, Renault is expected to make a return to the country, as the brand will now be locally assembled in Nigeria. Under the partnership, Renault will make in-road back into the Nigeria market next week, led by Coscharis Motors Plc, one of…
Renault warns Nissan it will block governance reshuffle
French carmaker Renault has warned its alliance partner Nissan that it will block the Japanese auto firm's plan to overhaul its governance structure, Nissan confirmed Monday, a move it called "regrettable."
Renault, Nissan, Mitsubishi unveil new joint board post-Ghosn
Carmakers Renault, Nissan and Mitsubishi Motors unveiled the creation of a joint board Tuesday, seeking a "new start" for their alliance after the arrest of former boss Carlos Ghosn.
Ghosn held $260,000 Rio party billed to Renault-Nissan, documents show
Former Renault and Nissan head Carlos Ghosn and his wife invited friends to a $260,000 Carnival party in Brazil last year and charged it to his employers, documents seen by AFP show, a move Ghosn's lawyer defended as a routine corporate function for a multinational CEO.
Ghosn under scrutiny over 50,000-euro wedding bill
French carmaker Renault said Thursday that it would inform investigators about a transaction it uncovered involving its former boss Carlos Ghosn and the Palace of Versailles, where the auto executive held an extravagant wedding in 2016.
Goodbye to Ghosn as Renault appoints new chiefs
Carmaker Renault named two experienced French auto executives to replace arrested boss Carlos Ghosn on Thursday, signalling the start of a new era for the French manufacturer and its vital but strained alliance with Nissan and Mitsubishi.