Edition:
India

Gilles Guillaume

Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade

14 Feb 2020

PARIS Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it. | Video

Ghosn used Nissan-Mitsubishi venture to inflate pay - lawyers

11 Feb 2020

AMSTERDAM Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.

Renault turns to Volkswagen's De Meo as car maker seeks fresh start

29 Jan 2020

PARIS Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalising a long-awaited management shake-up.

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

27 Jan 2020

PARIS 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. | Video

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

27 Jan 2020

PARIS, Jan 26 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.

Renault, Nissan share 'real desire' to make alliance work - chairman

16 Jan 2020

PARIS Renault Chairman Jean-Dominique Senard said on Thursday there was a "real desire" within the top ranks of both companies for its alliance with Nissan to succeed, dismissing suggestions the partnership was on the rocks.

Renault shares fall on worries Nissan alliance doomed without Ghosn

13 Jan 2020

PARIS/TOKYO 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.

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