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...
04 Oct, 2025, 04.22 PM IST
Renault names procurement chief Francois Provost as new CEORenault appointed Francois Provost as its new CEO. He replaces Luca de Meo, who left for Kering. Provost, previously the chief procurement ...
30 Jul, 2025, 10.09 PM IST
Renault clings to turnaround after record $9.7 billion lossRenault reported a record 8 billion euro ($9.68 billion) loss for 2020 as the COVID-19 pandemic hit sales and production at the French carm...
19 Feb, 2021, 12.54 PM IST
Renault to cut 1,500 engineering jobs in France: Union sourceThe engineering job cuts are part of cost savings plans that Renault announced last month aiming to find 2 billion euros ($2.27 billion) in...
16 Jun, 2020, 05.06 PM IST
French carmaker Renault announces 15,000 job cuts worldwideThe group's global production capacity will be revised from 4 million vehicles in 2019 to 3.3 million by 2024, the company said. "The diffi...
29 May, 2020, 01.22 PM IST
Renault and Nissan rule out merger as they unveil survival planThe new plan, which entails cutting the alliance's vehicle ranges by a fifth, pooling manufacturing by region and capitalising on joint des...
27 May, 2020, 08.46 PM IST
Nissan considering 20,000 job cuts, mainly in Europe, developing nationsThe possible cuts come as Nissan prepares to announce its updated mid-term strategy next week. Profits at the automaker have been flounderi...
22 May, 2020, 02.04 PM IST
Renault could disappear and must adapt: French finance ministerThe government has consistently said French carmakers must bring more production back to France in exchange for government support for the ...
22 May, 2020, 01.39 PM IST
Europe's top two car makers Skoda-Volkswagen and Renault India assures job security to its employeesThe Indian units of European carmakers Skoda-Volkswagen and Renault, and Chinese-owned MG Motor have assured employees that their salaries ...
25 Apr, 2020, 01.28 PM IST
Exports help Renault-Nissan buck trend, grow productionThe Franco-Japanese alliance produced 182,000 cars last year and targets to increase that 210,000 units this year. Renault Nissan India wil...
04 Nov, 2019, 10.56 AM IST
Eight months after Ghosn’s exit, Nissan remains stuck in a rutIn the 250 days since the arrest of former Chairman Carlos Ghosn for alleged financial crimes, focus has shifted to the deteriorating busin...
26 Jul, 2019, 09.15 AM IST
- Crisis brings banks, bankers to their knees
Switzerland’s largest bank, UBS announced losses of $16.8 billion, — thanks to to losses at its investment banking unit — and another 2,000...
11 Feb, 2009, 01.08 AM IST
- France's Peugeot Citroen to slash 3,550 jobs
French carmaker PSA Peugeot Citroen announced plans to slash 3,550 jobs as the automobile sector struggles with the global economic crisis.
20 Nov, 2008, 04.18 PM IST
- Crisis forces French car groups into 'massive' production cuts
French car groups PSA Peugeot-Citroen and Renault on Friday ordered major production cuts and European truck makers reported a collapse in ...
24 Oct, 2008, 03.13 PM IST
- Ghosn cedes partial control to deputy
Renault chief executive Carlos Ghosn will hand the day-to-day running of the French auto-manufacturer to his number two while retaining con...
11 Oct, 2008, 12.38 AM IST
- Renault reports 37 per cent increase in first half net profit, lowers 2009 sales target
Renault SA reported a 37 per cent increase in net profit for the first half.
24 Jul, 2008, 12.54 PM IST
- Renault may get up close with Ford if GM drives away
Carlos Ghosn’s Renault and Nissan Motor may start talks with Ford Motor as prospects fade for a link with General Motors, two people with k...
23 Sep, 2006, 03.36 AM IST