The Western carmaker most exposed to the Russian market, Renault added that its holding of nearly 67.69% in Avtovaz would be sold to the Ru...

Playing catch-up with rivals like Tesla and Volkswagen, the French automaker first outlined its strategy shift in February, days before Rus...

Renault is also considering "the possible options" for its Russian affiliate AvtoVAZ, the company said in a statement, adding that it had d...

The pan-European STOXX 600 index was up 0.2% with utilities and consumer staples in the lead. Material stocks fell 0.3%, limiting the index...

Ghosn had sought diplomatic help from Brazil, France & Lebanon,. Only the last acted with evident enthusiasm.

According to people in the know, Sawhney has been the longest serving MD of a leading multinational in India.

Sawhney has been the longest serving MD of a leading multinational in India. He will continue to be on the executive committee of Africa, M...

The news comes after Mitsubishi was plunged into crisis following bombshell revelations it cheated on fuel-economy tests for years.

Russian auto maker Avtovaz will launch a new ultra-cheap model of its Lada car next year, selling for 5,600 euros, its French partner compa...

The intended cuts therefore represent more than one quarter of the workforce at the company, which is 25 percent owned by France's Renault.

Russia's largest car maker, AvtoVAZ, plans to lay off 36,000 employees including 5,000 white-collar staff by December 1, following dipping ...

French auto giant Renault said on Friday it was cutting outut at its Moscow plant because sales had fallen sharply in the current global sl...

Prime Minister Vladimir Putin unveiled a lavish package on Friday to encourage Russians to buy only Russian-made vehicles, in a bid to help...

PM Vladimir Putin urged Russians to buy only domestically-produced cars, as he unveiled lavish measures to help the country's struggling au...

Italian carmaker Fiat said it is too small to survive alone, heightening prospects of mergers in an industry battered by the economic crisi...

US car giant General Motors Corp launched its first Russian assembly plant on Friday, hoping that sales in this emerging market will bolste...

The European Union's top competition regulator approved on Wednesday a move by French car-maker Renault to buy a stake in Avtovaz, Russia's...