Macron unveils 8 bn-euro French auto rescue, champions electric cars
President Emmanuel Macron on Tuesday announced an 8-billion euro ($8.8 billion) plan to revive France's auto industry by making it the European leader in electric cars
Nissan denies reported plans to split with Renault
Nissan is "in no way" planning to end its partnership with Renault, the Japanese auto giant insisted on Tuesday after a report suggested a divorce was possible in the wake of the Carlos Ghosn scandal.
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.
Renault to build, sell autos in Nigeria
French car giant Renault plans to assemble two low-cost vehicles in Nigeria via a joint venture with the local conglomerate Coscharis, a Renault statement said Thursday.
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."
Crisis-hit Nissan shakes up board, keeps boss
Japanese car giant Nissan shook up its executive board Friday, adding a top director from partner Renault as it battles the fallout from the Carlos Ghosn saga and disappointing results.
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.
Renault profits plunge in first annual earnings since Ghosn arrest
Renault profits fell sharply last year, the French automaker said Thursday in its first annual results since the shock arrest of former boss Carlos Ghosn.