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Renault push to block Nissan governance shift "endangering" alliance: source

Renault's recent push to block a governance overhaul at Nissan Motor Co has put the Franco-Japanese automaking alliance in jeopardy, a person familiar with Nissan's thinking told Reuters......»»

Category: topSource: reutersJun 11th, 2019

Nissan, partners to draft deeper alliance in May: Yomiuri

Nissan Motor Co , Renault SA and Mitsubishi Motors Corp will draft plans for a deeper alliance next month, including joint development of more electric vehicles (EVs) and self-driving technology, the Yomiuri daily reported......»»

Category: topSource: reutersApr 22nd, 2020

Mitsubishi Corp could take 10% stake in Renault in alliance rejig: report

Japanese conglomerate Mitsubishi Corp could potentially take a 10% stake in French carmaker Renault as part of scenarios being discussed to reinforce an alliance between Renault, Nissan and Mitsubishi Motors, Les Echos newspaper reported on Thursday......»»

Category: topSource: reutersMar 26th, 2020

Exclusive: Nissan to pull out of venture fund with Renault in cost-cutting drive, sources say

Nissan Motor Co is likely to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve cash, two sources said......»»

Category: topSource: reutersMar 10th, 2020

Renault"s profit was wiped out last year

Renault turned in its worst financial performance in a decade in 2019 as plunging margins in its core business and a dramatic slump in contributions from alliance partner Nissan wiped out its earnings......»»

Category: topSource: moneycentralFeb 14th, 2020

Renault"s 2020 vision clouded as "tough" year leads to first loss in a decade

Renault reported its first loss in a decade and cut its 2020 margin target on Friday, as it attempts to draw a line under the Carlos Ghosn affair and reboot its Nissan alliance......»»

Category: topSource: reutersFeb 14th, 2020

Nissan sues Ghosn in Japan, seeks $91M in damages

Nissan Motor Co. isn’t done with its pursuit of claims against Carlos Ghosn, suing for 10 billion yen ($91 million) in damages from the former chairman of the Japanese automaker and its alliance with Renault SA......»»

Category: topSource: moneycentralFeb 12th, 2020

Nissan sues Ghosn in Japan, seeks $91M in damages

Nissan Motor Co. isn’t done with its pursuit of claims against Carlos Ghosn, suing for 10 billion yen ($91 million) in damages from the former chairman of the Japanese automaker and its alliance with Renault SA......»»

Category: topSource: moneycentralFeb 12th, 2020

French carmaker Renault names Luca de Meo as new CEO

French carmaker Renault on Tuesday named former Volkswagen's Seat brand executive Luca de Meo as its new chief executive, as Renault moves to create a new management in the post-Ghosn era and shore up its alliance with Nissan ......»»

Category: topSource: reutersJan 28th, 2020

Renault, Nissan chief engineers to meet, revive R&D projects: sources

Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair. Ciara Lee reports......»»

Category: videoSource: reutersJan 27th, 2020

Renault, Nissan chief engineers to meet, revive R&D projects: sources

Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair......»»

Category: topSource: reutersJan 26th, 2020

Renault-Nissan alliance board to meet by end of month, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 16th, 2020

Renault-Nissan alliance operating board to meet by the end of January: Senard

Renault chairman Jean-Dominique Senard said on Thursday the operating board of the Renault-Nissan alliance would meet by the end of January to decide on joint industrial initiatives......»»

Category: topSource: reutersJan 16th, 2020

Renault, Nissan share "real desire" to make alliance work: chairman

Renault Chairman Jean-Dominique Senard said on Thursday there was a "real desire" at the helm of the carmaker's alliance with Nissan to make it a success, dismissing suggestions the two decade partnership might be on the rocks......»»

Category: topSource: reutersJan 16th, 2020

PSA names two former Renault, Nissan hires to head its DS, Citroen brands

French carmaker PSA on Wednesday appointed two executives it recently recruited from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands, and named them to its global executive committee......»»

Category: topSource: reutersJan 15th, 2020

Renault, Nissan say alliance not headed for break-up

French carmaker Renault and Japanese partner Nissan Motor said their alliance was in no danger of being dissolved, denying a media report of a potential break-up that sent their shares skidding to multiyear lows. Ciara Lee reports......»»

Category: videoSource: reutersJan 14th, 2020

Renault, Nissan say alliance not headed for break-up

French carmaker Renault and Japanese partner Nissan Motor said their alliance was in no danger of being dissolved, denying a media report of a potential break-up that sent their shares skidding to multiyear lows......»»

Category: topSource: reutersJan 14th, 2020

Renault chairman says alliance with Nissan "robust": L"Echo

The alliance between the French carmaker Renault and its Japanese partner Nissan Motor is "solid, robust, everything but dead," the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L'Echo......»»

Category: topSource: reutersJan 13th, 2020

Renault shares fall on worries Nissan alliance doomed without Ghosn

Renault shares hit six-year lows on Monday as investors worried the French automaker's 20-year cost-sharing alliance with Nissan is headed for a break-up without Carlos Ghosn to hold it together......»»

Category: topSource: reutersJan 13th, 2020

Renault shares fall on worries Ghosn flight has deepened Nissan rift

Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan that could lead to a break-up of the 20-year alliance......»»

Category: topSource: reutersJan 13th, 2020

Renault-Nissan should have merged with Fiat Chrysler: Ghosn

Carlos Ghosn, the former head of the Renault-Nissan alliance, on Wednesday lamented the failure of the carmakers to merge with Fiat Chrysler (FCA), which has since combined with Peugeot (PSA)......»»

Category: topSource: reutersJan 8th, 2020