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Tag Archives: Renault
Renault Board Backtracking on Carlos Ghosn Innocence
This is a significant departure from its initial backing of Ghosn in the latest twist of an ongoing global intrigue that involves in-fighting among Alliance partners, income inequality, trade wars and corporate governance policies in France, Japan and elsewhere. Continue reading
IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures
So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading
Le Mans Footnote – Renault AK Grand Prix Car
Renault entered 3 AK Type vehicles with 13-liter 90 horsepower engines. An AK had a top speed of 93 mph, notable 110 years ago. Continue reading
Renault-Nissan Cut 2012 Costs by €2.69 billion
Only new savings – not cumulative ones – are taken into account every year. As a result, the Alliance that was established in 1999 when Nissan was facing bankruptcy, arguably now has the longest-lasting cross-cultural partnership in the auto industry. Paris-based Renault and Yokohama, Japan-based Nissan, which together sell one in 10 cars worldwide sold 8.1 million cars in nearly 200 countries in 2012. Continue reading
Posted in auto news, financial results, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino, nissan, Renault
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Renault Revives Alpine with First Le Mans Entry in 35 Years
Last November, Renault said it will revive the long defunct Alpine brand with the creation of the Société des Automobiles Alpine Caterham. While the first new Alpine is expected go on sale in 2016, the publicity machine is already in full operation. Continue reading
Posted in auto news, marketing, racing
Tagged alpine, auto informed, autoinformed.com, automotive news. nissan, Ken Zino, le mans, Renault
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Renault Group Q1 Sales, Revenues Drop from Eurozone Crisis
The problem was almost entirely in the home French market which shrunk by 19.4%. As a result, Renault Group’s European market share decreased to 9.1%. The EU is heading for its fifth straight year of auto sales declines as politicians and bankers continue to pursue policies that increase unemployment and decrease economic activity. The mix of sales outside Europe reached 46%, up 8 points compared to the first quarter 2011. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, eu, Ken Zino, q1 sales, Renault, results
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Nissan and Daimler to Build Engines in Tennessee
For years Mercedes-Benz sold gas guzzlers in the U.S., paying millions in fines – passed on to customers – for its flouting of CAFE regulations. Much higher fines under the latest CAFE standards and growing pro-environmental standards globally makes this a risky strategy going forward. Continue reading
Renault Dedicates Enlarged Electric Vehicle Test Center
Since missing the hybrid segment completely that Toyota went on to dominate globally, reaping billions upon billions of dollars worth of “Green” image benefits in the process, Carlos Ghosn, CEO of both Renault and Nissan, has “bet the farm” by investing almost $5 billion in electric vehicles. Thus far, the Nissan Leaf, with roughly 8,000 sales year-to-date, has not met expectations in the U.S. Nissan, optimistically, wants 20% of its sales to be EVs by 2020. Continue reading
Posted in alternative fuels, auto news, electric vehicles, energy, environment, new vehicle, news, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, electric vehicles, EVs, Ken Zino, lardy test center, lithium ion batteries, nissan, Renault, testing lithium ion batteries, zino
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Passenger Car Sales Down in EU Again as Economy Struggles
However some winners are emerging. Volkswagen Group remains the powerhouse in Europe with 23% share year-to-date of the EU and European Free Trade Areas. BMW group also posted strong double digit gains, as did Nissan, although both are on relatively small basis. The same could be said for Hyundai and Kia, which now have combines sales of more than 345,000 units year-to-date, compared to Volvo’s 138,000. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, autoinformed.com, automotive news, BMW, daimler, eu, eu 2010 results, eu auto rankings, eu results, eu share, Fiat, Ford, GM, Ken Zino, nissan, PSA, Renault, results, sales results, toyota, vw, zino
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Hertz to Offer Rental Renault Electric Vehicles in Europe
Hertz said that it plans to add 500 units of the Renault EV range to its fleet over the next two years in what can be characterized as a modest effort to see if there really is a rental market for EVs. Avis claims it has similar, but thus far vague plans in Europe for renting rival Citroen EVs as well.< Continue reading
Posted in auto news, environment, new vehicle, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, avis, electric vehicles co2, EVs, fluence z.e., hertz, kangoo z.e., Ken Zino, Renault, rental evs, twizy, zino, zoe
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Directors Carlos Ghosn, Greg Kelly Voted Out at Nissan
Hiroto Saikawa, President, among others, came under shareholder scrutiny for his protested innocence of having any knowledge of the scandal even though he was one of Ghosn’s “ right hand men…” Continue reading →