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3Vote!

FRANCE: Renault ready to boost Avtovaz technology

French car maker Renault SA is ready to inject its technology into Russia's Avtovaz, in which it has invested, Les Echos newspaper reports Friday, citing a company executive.

5Vote!

Deal flop marks death of Saturn

PARIS | Renault SA dropped plans to provide vehicles for General Motors Co.'s Saturn brand after talks with would-be buyer Penske Automotive Group Inc. broke down at the last minute, Chief Operating Officer Patrick Pelata said Thursday. "We negotiated with them but we were unable to reach agreement at the end," Mr. Pelata said in an interview. GM said Wednesday that it would close Saturn...

5Vote!

France Spending $2.2 Billion on Electric Car Charging Network

No one will buy electric cars if there are no plug-in stations, but no one will build plug-in stations without EVs on the road. That's the conundrum for both car makers and plug-in infrastructure companies. Fortunately, the public sector is stepping in to help out. Last week we wrote about Duke Energy's and FPL's commitment to buy $600 million in EV fleets. Today the French government announced it...

3Vote!

Oil price holds key for electric autos

Renault SA Chief Executive Officer Carlos Ghosn said the future of electric cars depends on a rebound in oil prices that may boost sales of the battery-powered vehicles he's spending 4 billion euros ($5.9 billion) to develop. "If it's less than $70, we're going to have a problem," Ghosn said in an interview at the Frankfurt Motor Show. "If oil's at $200 the economic equation's very easy,...

3Vote!

Kia join chorus of calls to start Hydrogen Infrastructure

Korean car manufacturer Kia is the latest carmaker to add their weight behind a joint ‘Letter of Understanding’ being sent out to governments, energy companies and other organisations to develop accessible hydrogen infrastructure for future fuel cell electric vehicles. Daimler AG, Ford Motor Company, General Motors Corporation/Opel, Honda Motor Co Ltd, the alliance Renault SA and [...]

3Vote!

Renault reports billions of euros net loss

The second largest French carmaker Renault SA Thursday reported a net loss of 2.71 billion euros (about 3.8 billion U.S. dollars) for the first-half of 2009, as the global economic crisis melted automobile markets. In a statement, Renault said its revenues stood at 15.99 million euros in the first half of the year, dropped 23.7 percent compared with a year earlier. "We anticipated the crisis from...

4Vote!

Renault sales fall 16.5% in first half of 2009

France's second largest carmaker Renault SA said on Friday its global vehicle sales dropped 16.5 percent in the first half of 2009 amid the economic downturn. In a statement, Renault said it sold 1.106 million vehicles in the first six months of 2009, down from 1.326 million for the same period of 2008. Sales of passenger cars fell 13.7 percent in the first half of the year. Renault's share of the...

6Vote!

French workers threaten to blow up factory

Carmaker Renault SA on Thursday rejected pleas for handouts by laid-off workers at a French auto parts supplier, offering a compromise that employees said wasn't enough to defuse their threat to blow up their factory. The protest by workers at parts supplier... Sponsored Topics: Renault - French language - List of auto parts - Shopping - Vehicles

1Vote!

Auto industry in international reshuffling

DETROIT, June 11 (UPI) -- The crisis in the U.S. auto industry has turned into an international game of musical chairs that is not likely to end soon, an industry analyst said. We're likely to see more (international) consolidation in coming years, said Jeff Shuster, the executive director of automotive forecasting at industry research firm J.D. Power in Detroit. International reshuffling of car companies...

3Vote!

China quality regulator bans imports of certain Renault vehicles

China's quality watchdog said here Wednesday it has found certain models of vehicles made by French automaker Renault S.A. to have severe safety problems and decided to stop importing them. The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) banned the Laguna Ph2, Scenic/Long Scenic, Megane Ph2 and Megane Ph2 Coupe-Cabriolet. The AQSIQ said in a statement on its website...

3Vote!

Renault, Nissan to strengthen alliance for 1.5 bln euro cost savings

French second largest auto maker Renault SA and Japanese Nissan Motor Co. announced Friday they will strengthen their alliance with a goal of an extra 1.5 billion euros (about 2.1 billion U.S. dollars) in cost savings this year, the two companies said in a statement. Renault-Nissan Alliance was to "accelerate and deepen" the cooperation, which was expected to get both companies through the...

3Vote!

Renault, Dongfeng likely to bid for Volvo Cars

Renault SA, Dongfeng Motor Group Co. or Changan Automobile (Group) Ltd. may acquire Ford Motor Co.'s Volvo Cars unit, Dagens Industri reported, without saying where it got the information.

4Vote!

Renault posts second-half net loss as auto sales down

PARIS -- France's Renault SA said Thursday it fell to a 982 million euro ($1.27 billion) net loss in the second half of 2008 and expects the outlook to darken further as the economic crisis ravages car sales.

5Vote!

Renault vehicle sales drop sharply amid crisis

France's Renault SA said Friday that vehicle sales fell 28.5 percent in December as the global financial and economic crisis led to a "brutal" collapse of the market. For the full year, Renault posted a sales drop of 4.2 percent in a world market that fell...

5Vote!

Ghosn to add new title at Renault

French car maker Renault SA said Wednesday that President and CEO Carlos Ghosn will add the title of board chairman to his functions when Louis Schweitzer steps down next year.