BERLIN, Oct 2- The German government presented plans to cut pollution from diesel vehicles by asking carmakers to offer owners trade-in incentives and hardware fixes, prompting objections from environmental groups and grudging concessions from the industry. Owners of millions of older diesel vehicles in Germany's 14 most polluted cities should be able to...
PARIS, Oct 2- Carmakers ratcheted up their Brexit warnings on Tuesday, with France's PSA Group and Germany's BMW both saying UK production would suffer if Britain leaves the European Union without a deal. With less than six months before Britain is due to quit the EU on March 29, businesses are increasingly alarmed about the lack of agreement over future trading...
PARIS, Oct 2- Carlos Ghosn, head of the world's largest automotive alliance by sales, gets a lot of questions about who could replace him, and at the Paris auto show on Tuesday he used a fresh way to postpone an answer. In an interview with Reuters on Tuesday, he said answers about succession and potential changes to the cross-shareholding structure of the three main...
*Operating margin rose 5.2 pct to 1.914 bln euros. PARIS, July 27- French carmaker Renault achieved record profitability in the first half of the year, but currency and raw material costs weighed on its bottom line, with analysts suggesting it had been eclipsed by domestic rival PSA Group. Higher raw material costs nonetheless weighed on net income, which fell 16.3...
July 25- Former Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry's most tenacious and respected auto chiefs, has died, succumbing to complications from surgery. Bill Ford, executive chairman of Ford Motor Co:. "Sergio Marchionne was one of the most respected leaders in the industry whose creativity and bold determination helped to...
TOKYO, June 22- Renault SA absorbing Nissan Motor Co. and Mitsubishi Motors Corp is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. He also serves as chief executive of France's Renault. Nissan CEO Hiroto Saikawa has said the alliance is not discussing a "full...
*Executive pay a thorny issue in Macron's France. Georges Plassat's 13 million euro payout was tantamount to "thuggish behavior" and did not tally with the state in which he left Europe's biggest retailer, government spokesman Benjamin Griveaux said on Sunday. It has particular resonance in France where President Emmanuel Macron and his centrist government...
*Executive pay a thorny issue in Macron's France. Georges Plassat's 13 million euro payout was tantamount to "thuggish behaviour" and did not tally with the state in which he left Europe's biggest retailer, government spokesman Benjamin Griveaux said on Sunday. It has particular resonance in France where President Emmanuel Macron and his centrist government...
*Executive pay a thorny issue in Macron's France. Georges Plassat's 13 million euro payout was tantamount to "thuggish behaviour" and did not tally with the state in which he left Europe's biggest retailer, government spokesman Benjamin Griveaux said on Sunday. It has particular resonance in France where President Emmanuel Macron and his centrist government...
*Executive pay a thorny issue in Macron's France. Georges Plassat's 13 million euro payout was tantamount to "thuggish behavior" and did not tally with the state in which he left Europe's biggest retailer, government spokesman Benjamin Griveaux said on Sunday. It has particular resonance in France where President Emmanuel Macron and his centrist government...
PARIS, June 16- Former Carrefour chief executive Georges Plassat is to give up part of his departure package, the French retailer said on Saturday after facing pressure from employers' bodies, unions and the government over his payout. Carrefour said in a statement that Plassat, who stepped down in July 2017, had decided not to apply a clause in his departure...
PARIS, June 15- Renault shareholders approved Chairman and CEO Carlos Ghosn's 7.4 million euro compensation for 2017, averting a boardroom crisis as the carmaker explores closer consolidation with alliance partner Nissan. France, Renault's biggest shareholder with a 15 percent stake, opposed the 2017 payout but backed this year's reduced package.
PARIS, June 15- Renault shareholders approved Chairman and CEO Carlos Ghosn's 7.4 million euro compensation for 2017, averting a boardroom crisis as the carmaker explores closer consolidation with alliance partner Nissan. Investors backed Ghosn's renewal for another four-year term and voted by 56 to 43 percent in favour of last year's payout- in addition...
*France backs Ghosn renewal, opposes 2017 pay. PARIS, June 14- Renault boss Carlos Ghosn faces another nail-biting salary vote when the French government, the carmaker's largest shareholder, is expected to oppose his 7.4 million euro 2017 payout at Friday's annual shareholder meeting. This time Ghosn may squeak through with the backing of influential proxy...
June 14- Renault SA's Carlos Ghosn is likely to step down as chief executive of the French carmaker before the end of his term in 2022, the Financial Times reported on Thursday. Ghosn would remain the chairman of Renault and also continue as chief executive and chairman of the Renault-Nissan-Mitsubishi alliance responsible for driving the three groups...
*France backs Ghosn renewal, opposes 2017 pay. PARIS, June 13- Renault boss Carlos Ghosn faces another nail-biting salary vote when the French government, the carmaker's largest shareholder, is expected to oppose his 7.4 million euro 2017 payout at Friday's annual shareholder meeting. This time Ghosn may squeak through with the backing of influential proxy...
PARIS, May 23- Renault and Nissan are reviewing the ownership structure of their carmaking alliance but are unlikely to merge into a single listed entity this year or next, Chief Executive Carlos Ghosn said on Wednesday. Speaking at a Bloomberg conference, Ghosn reiterated that the carmakers were examining ways to consolidate the Renault-Nissan-Mitsubishi...
TOKYO, May 14- Nissan Motor and its French automaking partner Renault SA are considering a range of options, including a more balanced equity structure, to ensure their alliance survives beyond its current leadership, the Japanese company said on Monday. The partnership, which also includes Japan's Mitsubishi Motors Corp, was the world's top-selling...
TOKYO, May 14- Nissan Motor announced the company and its automaking partner Renault SA were considering a range of options, including a more balanced equity structure, to ensure the existing alliance will survive beyond its current leadership. The automaking partnership, which also includes Japan's Mitsubishi Motors Corp, was the world's top-selling...
The strong financial performance may help Ghosn to resist pressure from the French government, Renault's biggest shareholder.
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