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RENAULT FINANCIAL IMPACT
Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...- Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
- Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in AprilIndian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record pe...
- Renault weighs sacking up to 3,000 employees worldwide: ReportFrench carmaker Renault is considering plans for job reductions. Reports suggest up to 3,000 positions could be cut globally. This includes...
- Renault Group seeks CCI nod to buy out remaining 51% stake in Indian joint ventureRenault Group is seeking regulatory approval from the CCI to acquire Nissan's 51% stake in their Indian manufacturing joint venture, Renaul...
- Renault buys Nissan's 51% stake in India manufacturing unitRenault has agreed to buy Nissan's 51% stake in their Indian joint venture, Renault Nissan Automotive India Private Ltd, making Renault the...
- France's Renault posts massive loss as global auto sales collapse due to pandemicRenault's loss compared with a profit of about 1 billion euros a year earlier. Its 35% drop in sales during the period was worse than the g...
- Who's in charge at Nissan? COO's allies push to give him shared CEO roleThus far, Nissan Motor Co's 12-member board has no plan to change the roles of Chief Executive Makoto Uchida or his No. 2 Gupta, the source...
- Who's in charge at Nissan? COO's allies push to give him shared CEO role: SourcesNissan responded in a statement to Reuters there are "no plans or consideration for any change in the management structure at Nissan, and n...
- Nissan-Renault alliance to share more parts, technologyAlliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Co...
- Renault bets on new MPV and SUV to drive growthRenault hopes big chunk of sales will come from Triber MPV to be launched in festive season & sub-4 m SUV next year.
- Renault aggressive plans to double sales volumes in 2 to 3 yrsVenkatram Mamillapalle,Country CEO and MD , said that as a mid-term plan, the company was looking at doubling sales volume to 150,000 units...
- Fate of world's biggest car alliance hangs on one word: GhosnThe arrest of the iconic Ghosn threatens to upend the union of automakers he forged almost two decades ago.
- Russian order outlines Renault Global's confidence in us: Mohan Joshi, Steel Strips WheelsMohan Joshi, Head Strategy & Corporate Investment, Steel Strips Wheels, explains why the Russian export order is good sign for the firm and...
- No immediate impact seen on finances of M&M after buyout of Renault in JVThe buyout of Renault’s 49% stake in the joint venture - Mahindra Renault (MRPL) - by Mahindra & Mahindra (M&M) will have no immediate impa...
- Nissan posts 2.4 bn dollar annual lossNissan Motor Co., Japan's number three automaker, announced on Tuesday an annual net loss of 233.7 billion yen (2.4 billion dollars) and sa...
- 1.64 lakh potential jobs lost due to project delays: AssochamEighteen big projects could have created jobs for 1.64 lakh people if these did not face bottlenecks in land acquisition and environmental ...
- Renault to cut inventories amid sales plungeRenault will cut production at five sites after sales in Oct plunged more than 14 per cent from a year earlier.
- Crisis forces French car groups into 'massive' production cutsFrench car groups PSA Peugeot-Citroen and Renault on Friday ordered major production cuts and European truck makers reported a collapse in ...
- Fresh merger talk about the big three US auto makersRecord low auto sales and the financial crisis are spurring fresh merger talk about the Big Three US auto makers in a new global consolidat...
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