The Chennai design centre is now Renault’s largest such facility outside of France | Photo Credit: Special Arrangement Renault is hitting the reset button in India with a bold new strategy that puts design and innovation at the core of its operations. With the inauguration of its largest design centre outside France, the company is … Read more
French automaker Renault and Japanese partner Nissan officially launched their “rebalanced” alliance on Wednesday as they seek to reset a rocky 24-year-old partnership. The companies announced an agreement in February to put their partnership, which also includes Japanese automaker Mitsubishi, on an equal footing, with Renault giving up its dominant position. “After having obtained all … Read more
France’s Renault has cut its stake in Nissan to 15% from about 43% by placing 28.4% of the Japanese automaker in a French trust, the alliance partners said in a statement, putting them on equal footing of cross-ownership. The new agreement for the restructured alliance between Renault, Nissan and junior partner Mitsubishi Motors came into … Read more
Mitsubishi has revealed their new XFC SUV concept, which is a preview of the carmaker’s future Creta rival. Set to be showcased at the upcoming Vietnam Motor Show 2022, this new SUV will go on sale in the Vietnamese market first, followed by other ASEAN regions where the Hyundai Creta is gaining popularity. The production-spec … Read more
Carlos Ghosn, the former auto industry superstar whose career screeched to a halt with his arrest three years ago, isn’t about to settle into quiet retirement. The former head of the Nissan-Renault alliance fled to Lebanon in late 2019, while out on bail facing financial misconduct charges in Japan. In a recent interview with The … Read more
French carmaker Renault will not invest in developing a new engine to fit the last generation of diesel vehicles it will produce and will instead adapt its existing model, Chief Executive Luca de Meo told shareholders on Friday. Auto groups are accelerating an overhaul away from diesel and into electric cars, encouraged by more stringent … Read more