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Renault

French automobile manufacturing company

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Renault: French automobile manufacturing company
Groupe Renault is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles.

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Fiat Chrysler closing in on $7 bln loan deal [Video]

Fiat Chrysler closing in on $7 bln loan deal

Italy could soon announce a $7 billion loan for Fiat Chrysler, in what would be the biggest such deal for any European carmaker. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:09Published
Renault shares jump after state-backed loan deal [Video]

Renault shares jump after state-backed loan deal

Renault has sealed a state-backed loan totalling 5 billion euros, sparking a big jump in its share price Wednesday. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:02Published
Renault job losses: French automaker suffers a slump in demand [Video]

Renault job losses: French automaker suffers a slump in demand

French automaker Renault is to slash 15,000 jobs worldwide, in a bid to save billions of dollars.

Credit: Al Jazeera STUDIO     Duration: 01:55Published
Coronavirus latest: French carmaker Renault to cut thousands of jobs [Video]

Coronavirus latest: French carmaker Renault to cut thousands of jobs

Coronavirus latest: French carmaker Renault to cut thousands of jobs

Credit: Euronews English     Duration: 01:44Published
Protests flare as Nissan shuts plants [Video]

Protests flare as Nissan shuts plants

Nissan has set out plans to slash costs after reporting its first annual loss in 11 years, sparking protests at one plant in Barcelona that is slated to shut. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:36Published
Renault, Nissan deepen ties in bid to survive [Video]

Renault, Nissan deepen ties in bid to survive

Renault and Nissan have set out plans to revive their alliance as they battle a global slump in sales. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:20Published
Renault, Nissan shelve merger, aim to repair ties - sources [Video]

Renault, Nissan shelve merger, aim to repair ties - sources

Reuters sources say Renault and Nissan have given up all plans for a merger, but will announce plans for reviving and restructuring their alliance. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:31Published

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought..
Reuters - Published

Renault to restructure French factories in bid to slash costs

Renault said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to cut around 15,000 jobs worldwide.
Reuters - Published

Renault cuts 15,000 jobs in major restructuring

The French carmaker announces a €2bn cost-cutting plan after seeing a collapse in sales.
BBC News - Published

Renault prepares for 15,000 job cuts

The French carmaker in February reported its first annual loss in a decade
BBC News - Published

Renault poised to announce 15,000 layoffs worldwide: union

French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering sales, a representative for the CFDT union said..
Reuters - Published

Factbox: Renault and Nissan's plan to rebuild their alliance

The automaking alliance of Renault SA , Nissan Motor Co and Mitsubishi Motors Corp outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies..
Reuters - Published

Renault and Nissan rule out merger as they unveil survival plan

Renault , Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and instead said they would cooperate more closely on vehicle development to slash costs and salvage their troubled..
Reuters - Published

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

Renault SA , Nissan Motor Co and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard..
Reuters - Published

Renault has no problems in relations with French state: chairman

Renault Chairman Jean-Dominique Senard said on Wednesday that relations with the French government were fine, even as the state continues to haggle over finalising a 5 billion euros ($5.5 billion) loan..
Reuters - Published

Renault's Senard says it does not need to merge with Nissan

Renault Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan and Mitsubishi .
Reuters - Published

Renault and Nissan deepen cooperation in bid for survival

Renault , Nissan Motor Co and Mitsubishi Motors Corp said on Wednesday they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs..
Reuters - Published

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking..
Reuters - Published

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world's biggest automaker by 2022.
Reuters - Published

Daniel Ricciardo: First race after coronavirus break will be 'chaos'

Renault's Daniel Ricciardo expects the first race of the season to be chaotic after the long break enforced by the coronavirus crisis.
BBC News - Published

Renault furloughs 'vast majority' of UK staff

Renault says "the vast majority" of staff at its UK Formula 1 base have been put on enforced absence until at least the end of May.
BBC News - Published

Exclusive: Nissan to pull out of venture fund with Renault in cost-cutting drive, sources say

Nissan Motor Co is likely to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve..
Reuters - Published

French judges step up Ghosn probe over palace party, Oman dealings

French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal..
Reuters - Published

Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker's earnings forecast and dividend raised questions about its future..
Reuters - Published

Renault sets lower profit goal in crunch reboot year

French carmaker Renault on Friday posted its first profit loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal..
Reuters - Published

Renault to halt output at South Korean unit due to China supply disruptions

French carmaker Renault said on Friday its South Korean subsidiary RSM would suspend production at its Busan site for four days from Feb. 11 due to supply chain disruptions in China, where a virus..
Reuters - Published

Renault-Nissan can overhaul alliance without ownership change, chairman says

Renault and Nissan can improve their alliance without altering ownership, the chairman of the Franco-Japanese partnership said on Thursday, rolling back from a previous push toward a full-blown merger..
Reuters - Published

Renault turns to VW's De Meo as car maker seeks fresh start

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalizing a long-awaited..
Reuters - Published

Factbox: Return to Paris - De Meo set to take the wheel at Renault

Renault's board is expected to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive.
Reuters - Published

Renault poised to name VW manager De Meo as CEO: sources

Renault's board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, two sources familiar with the matter..
Reuters - Published

Renault, Nissan share 'real desire' to make alliance work: chairman

Renault Chairman Jean-Dominique Senard said on Thursday there was a "real desire" at the helm of the carmaker's alliance with Nissan to make it a success, dismissing suggestions the two decade..
Reuters - Published

Renault-Nissan alliance operating board to meet by the end of January: Senard

Renault chairman Jean-Dominique Senard said on Thursday the operating board of the Renault-Nissan alliance would meet by the end of January to decide on joint industrial initiatives.
Reuters - Published

Renault chairman says 'no stress' to appoint new CEO

Renault chairman Jean-Dominique Senard said on Thursday there was "no stress" to appoint a new chief executive at the helm of the French carmaker, adding current interim arrangements were working well.
Reuters - Published

France's Macron says he raised concerns with Japan over Ghosn detention

French President Emmanuel Macron said on Wednesday he had previously spoken to Japan's prime minister about the conditions former Nissan-Renault boss Carlos Ghosn was being held under.
Reuters - Published

Renault shares fall on worries Nissan alliance doomed without Ghosn

Renault shares hit six-year lows on Monday as investors worried the French automaker's 20-year cost-sharing alliance with Nissan is headed for a break-up without Carlos Ghosn to hold it together.
Reuters - Published

Renault shares fall on worries Ghosn flight has deepened Nissan rift

Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan that could lead to a break-up of the 20-year..
Reuters - Published

Ghosn: I thought Versailles palace party venue was a gift

Former Nissan-Renault boss Carlos Ghosn said on Wednesday he had not initially paid to hold a family party in the grounds of the sumptuous Versailles Palace because he thought the palace was offering..
Reuters - Published

Ghosn did not use French documents to travel to Lebanon: French minister

Former Nissan and Renault boss Carlos Ghosn did not use French travel documents to travel from Japan to Lebanon, French Foreign Minister Jean-Yves Le Drian said on Monday.
Reuters - Published

Ghosn took bullet train to Osaka en route to Lebanon: Kyodo

Former Nissan and Renault boss Carlos Ghosn began his astonishing escape from Japan with a bullet train ride from Tokyo to Osaka, possibly accompanied by several people, Japanese news agency Kyodo..
Reuters - Published

Ghosn says in Lebanon, having 'escaped injustice'

Former Nissan and Renault Chairman Carlos Ghosn, who was barred from leaving Japan whilst awaiting trial on charges of financial misconduct, on Tuesday said he was in Lebanon.
Reuters - Published

New Nissan CEO rules out closer capital ties with Renault

Nissan Motor Co is committed to its automaking alliance with Renault SA but will not look to deepen its capital ties with the French automaker any time soon, its new CEO said on Monday.
Reuters - Published

Peugeot's turnaround driver, Tavares, faces his biggest challenge

Carlos Tavares, a former Renault star credited with reviving the company's French rival Peugeot SA , has long shone as a restructurer-in-chief, staring down unions and slicing down bureaucracies.
Reuters - Published

Renault ousts CEO in drive to reboot Nissan alliance

Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance..
Reuters - Published

French government supports Renault chairman Senard: finance minister

French government wants the Renault-Nissan alliance to enter a new phase and supports Renault's chairman Jean-Dominique Senard, French Finance Minister Bruno Le Maire said on Friday.
Reuters - Published

Renault seeks reboot of Nissan alliance after ousting CEO

Renault's board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan seek a fresh start following the scandal-hit tenure of former alliance..
Reuters - Published

Renault ousts chief executive Thierry Bolloré in 'coup'

Thierry Bolloré is abruptly dismissed by the French carmaker after only nine months in the role.
BBC News - Published

Renault ousts CEO in post Ghosn-era reset

Renault's board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan seek a fresh start following the scandal-hit tenure of former alliance..
Reuters - Published

Factbox: Renault's new top executive committee

Below are some facts on some of the new top executives appointed at Renault on Friday.
Reuters - Published

Renault ousts CEO Bollore in abrupt shake-up

The board of French carmaker Renault on Friday voted to oust Thierry Bollore as CEO, naming the firm's financial director Clotilde Delbos to take over his job on an interim basis.
Reuters - Published

Renault board to meet, as CEO denounces potential exit as 'coup'

Renault SA's CEO, Thierry Bollore, denounced as a "coup" his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters.
Reuters - Published

Nissan pins revival hopes on 'foreigner with a Japanese face'

Nissan Motor Co named the head of its Chinese business as its next CEO on Tuesday, picking an executive known for close ties to top shareholder Renault and for a frank, straight-talking manner that has..
Reuters - Published

Nissan pins hopes on surprise CEO choice to lead revival

Nissan Motor Co named a relative outsider who joined the automaker mid-career as its next CEO on Tuesday, picking Makoto Uchida in a surprise move that was immediately seen as positive for its strained..
Reuters - Published

Recovery first: for next Nissan CEO, priority is profit before Renault partnership

The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and..
Reuters - Published

Stockport fire: Crews tackle car showroom blaze

The fire at the Renault showroom in Stockport broke out at about 01:00 BST.
BBC News - Published

Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.
Reuters - Published

With job intact, Nissan's CEO pins Renault alliance on mutual respect, flags inequality risk

Nissan Motor Co Ltd on Tuesday threw cold water on hopes for a quick fix to strained relations with France's Renault SA, saying inequality between the partners could unravel their two-decade-old..
Reuters - Published


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