Business
Carlos Ghosn
*Pursues 4.2 billion euros in cumulative productivity gains. *Investing 18 billion euros in research and development. Renault's mid-term plan shows it growing faster than alliance partner Nissan, which it trails in China, due to recent investments in Iran and India and a Russian rebound.
*Pursues 4.2 billion euros in cumulative productivity gains. *Investing 18 billion euros in research and development. Renault's mid-term plan shows it growing faster than alliance partner Nissan, which it trails in China, due to recent investments in Iran and India and a Russian rebound.
A lack of avenues into buying and selling lithium is an issue that has led some investors to believe a lithium futures contract might one day be possible.
PARIS, Sept 15- Renault-Nissan pledged to double savings to 10 billion euros by 2022 partly through closer cooperation with Mitsubishi Motors but left key key questions about the carmaking alliance unresolved. Chairman Carlos Ghosn has pledged to step up the pace of integration after Nissan took a controlling stake in Mitsubishi last year.
PARIS, Sept 15- The Renault-Nissan alliance pledged on Friday to double savings from closer integration to 10 billion euros by 2022, thanks in part to increasing cooperation with recently acquired Mitsubishi Motors. Alliance Chairman Carlos Ghosn has pledged to step up the pace of integration after Nissan took a controlling stake in Mitsubishi last year.
PARIS, Sept 15- The Renault-Nissan alliance pledged on Friday to double savings from closer integration to 10 billion euros by 2022, thanks in part to increasing cooperation with recently acquired Mitsubishi Motors. Combined annual sales volumes are expected to rise to 14 million vehicles over the same five-year period from about 10 million today, with...
PARIS, Sept 15- The Renault-Nissan alliance pledged on Friday to double savings from closer integration to 10 billion euros by 2022, thanks in part to increasing cooperation with recently acquired Mitsubishi Motors. Combined annual sales volumes are expected to rise to 14 million vehicles over the same five-year period from about 10 million today, with...
Renault-Nissan announced on Friday that it plans to launch 12 new zero-emission electric vehicles by 2022
BEIJING/ PARIS, Aug 29- The Renault-Nissan alliance has announced plans to build electric cars in China in a new venture with Dongfeng Motor, joining the scramble by global automakers to meet Beijing's stringent quotas for zero-emission vehicles. China, the world's biggest auto market, wants all-electric battery cars and plug-in hybrids to account for at...
BEIJING, Aug 29- Nissan Motor and its partner Renault will build electric cars in China in a new venture with Dongfeng Motor, as global automakers scramble to get ready for stringent electric vehicle quotas being introduced by the nation. China, the world's biggest auto market, wants all-electric battery cars and plug-in hybrid vehicles to make up at least a...
BEIJING, Aug 29- Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining a list of global automakers aiming to make such vehicles in China. Ford Motor Co announced earlier this month it was exploring setting up a joint venture with car maker Anhui Zotye...
PARIS, July 28- Weaker Renault pricing kept a lid on core profitability in the first half, the French carmaker said, rattling investors and sending its shares sharply lower. Renault's automotive margin was "slightly up on last year but still a little bit below some of the benchmarks," Societe Generale analyst Stephen Reitman said. The Renault-Nissan alliance...
PARIS, July 28- Softer Renault pricing kept a lid on core profitability in the first half, the French carmaker said, even as the inclusion of Russian Lada sales and higher earnings from partner Nissan pushed revenue and profit to a new record. The core automotive margin was "slightly up on last year but still a little bit below some of the benchmarks," Societe Generale...
PARIS, July 5- Shares in French carmaker Renault edged up on Wednesday after Renault struck a deal to buy a 49 percent stake in Shenyang Brilliance JinBei Automobile company as part of its move to boost sales in China of light commercial vehicles. Renault shares were up 0.2 percent in early session trading, outperforming a 0.1 percent decline on France's...
YOKOHAMA, June 27- Nissan Motor Co on Tuesday said it paid CEO Carlos Ghosn 1.098 billion yen in the year ended March, up 2.5 percent from the previous year. Ghosn, one of the best-paid auto executives, received a separate salary of 7.06 million euros last year as CEO of Renault SAC, Nissan's automating alliance partner. Ghosn stepped down as Nissan CEO at the end of...
TOKYO, June 22- A hastily-assembled group of investors looks set to win the bid for Toshiba Corp's prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment. After a fiercely contested, months-long auction, Toshiba on Wednesday said a consortium of...
PARIS, June 15- Renault-Nissan has no current plans to introduce an additional bonus scheme for executives at the carmaking alliance, Chairman Carlos Ghosn said on Thursday. Ghosn made the comments at Renault's annual shareholder meeting after Reuters reported that alliance bankers had drawn up plans designed to channel millions of euros in extra,...
PARIS, June 13- Renault-Nissan alliance bankers have drawn up plans designed to channel millions of euros in additional, undisclosed bonuses to Chairman Carlos Ghosn and other managers via a specially created service company, according to documents seen by Reuters. The funds would be passed on as cash and stock bonuses to "encourage executives to pursue...
*Alliance to name single operating chief- sources. PARIS, June 7- Renault-Nissan boss Carlos Ghosn is recruiting a new operational second-in-command for the carmaking alliance, company sources told Reuters, in a move designed to prepare his own succession and advance the companies' integration. Nissan Chief Performance Officer Jose Munoz and CCO Yasuhiro...
*Alliance to name single operating chief- sources. *Ghosn prepared to chase more savings without merger. PARIS, June 7- Renault-Nissan boss Carlos Ghosn is recruiting a new operational second-in-command for the carmaking alliance, company sources told Reuters, in a move designed to prepare his own succession and advance the companies' integration.
