Page 3 - Renault

Renault sets out targets for EV unit Ampere, says won't sell it cheap

The group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 2030

Renault cuts Nissan stake to 15% from about 43%; now on equal footing

"This next chapter of the alliance will build on the foundations of the longstanding partnership and will maximise value creation for each alliance member," the statement said

Renault lines up € 3 bn investment, 8 new models to expand global reach

International Game Plan for 2027 to include areas outside Europe, including India

Nissan to invest up to 600 mn euro in Renault EV unit as part of new pact

The investment in Ampere is consistent with Nissan being a strategic investor and securing a board seat on the new company, Nissan said

Nissan, Renault to announce restructured alliance deal in days: Report

That timeline slipped when senior Nissan executives and some directors challenged detailed provisions of deal and the benefits and protections for Nissan's intellectual property

Automaker Renault India to roll out three new models including a EV

During the calendar year Renault India sold about 84,000 units in the domestic market and shipped out about 28,000 units, Mamillapalle said

Renault India reaches 1 mn production milestone at Tamil Nadu plant

France-based automaker Renault has reached a milestone by producing 10 lakh vehicles at its Tamil Nadu plant, a top official said here on Wednesday. Renault India Pvt Ltd is a fully owned subsidiary of Renault S.A.S France and has a manufacturing facility in association with Nissan Automotive India Pvt Ltd at Oragadam, located around 45 kilometres from here. Renault has a production capacity of about 4.80 lakh units per year. "We have nine lakh customers totally across India... Yesterday, we reached a key milestone. We rolled out the one millionth vehicles at the plant...," Renault India Operations Country CEO and Managing Director Venkatram Mamillapalle told reporters. A red colour KIGER marked the 10,00,000th rollout from the assembly line that was formally flagged off by senior company officials including Mamillapalle at the facility. The company has made substantial investments in manufacturing, technology, and talent, creating a robust production infrastructure ensuring the .

New Renault Duster India launch likely by Diwali 2025, here's what to know

The next generation of Renault Duster is expected to come with hybrid powertrains

Nissan, Renault to invest Rs 5,300 cr in India to make 6 new models

Alliance announces country plan to increase production, scale up research and shift to carbon-neutral manufacturing

Renault, Nissan to invest $600 million to expand lineup, add jobs in India

The two will produce six new vehicles in the South Asian nations- including two electric cars - for domestic and international customers

Renault, Nissan unveil details of major shake up to 24-year-old alliance

Nissan and Renault have unveiled the details of a major shake-up of their often strained 24-year-old alliance, the media reported.

Automaker Renault upgrades cars to meet stricter emission norms

Automaker Renault on Thursday said it has upgraded its entire product range conforming to the upcoming stricter emission norms in the country. The company's entire range, including Kiger, Triber and Kwid, will meet the second phase of BS VI emission norms which will kick-in from April 1 this year. With the implementation of the second phase of BS VI norms, all company cars will be equipped with a self-diagnostic device, the automaker said. The device will constantly monitor the vehicle's emission levels while driving, along with other critical emission devices such as the catalytic converter and oxygen sensors, it added. "The launch of new BS VI Step 2 compliant petrol engines across the range will ensure substantial reduction in emissions, thus contributing to a safer and cleaner environment," Renault India Operations Country CEO and Managing Director Venkatram Mamillapalle noted. The company has also added extra safety features in the product line up, he added. "Safety is of ..

Renault considers building a mass-market electric vehicle in India

Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters

Kia India profit down 25% in FY22 as tax outgo slams the brakes

Kia is one of the few unlisted global carmakers in India that saw a contraction in profits

French car maker Renault splits in five businesses to boost profit

Renault said it targeted operating margins of 8 per cent for 2025 and rising to more than 10 per cent in 2030, from 5 per cent expected this year

Google, Renault Group to build 'software defined vehicle' for the future

The companies will develop a set of onboard and offboard software components that are dedicated to the SDV and will grow synergies and use cases related to the group's "Move to Cloud'' strategy

Nissan Motor likely to snub Renault revamp over sharing technology

While both sides appeared near a final agreement two weeks ago, Nissan's board and management have recently expressed concern over Renault's plans for the intellectual property

Renault SA open to reducing stake in Nissan Motor in carve-out talks

Executives have discussed Renault's carve-out plan and reshaping the pair's two decade-old alliance since February during meetings in France and Japan.

Nissan Motor pushes partner Renault to sell down stake, may raise funds

Asks French firm to cut stake to 15%

McDonald's to sell its Russian business after more than three decades

Without naming a prospective Russian buyer, McDonald's said on Monday that it would seek one to hire its workers and pay them until the sale closes.