Search result for Renault
Car Manufacturing Sales Drop
Highlights:
- Global chip shortages continue to affect car production.
The worst chip shortage in decades is experienced currently all around the world. These Semiconductor chips are used in everything: smartphones, smart fridges, computers, and ...
S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL
Highlights –
- S. Korea’s automobile exports rose to 53% in April.
- In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
- Hyundai Motor Co. saw its exports jump 40.3 percent in April.
- SsangY...
2021 RENAULT TRIBER COMING WITH NEW FEATURES
HIGHLIGHTS
- 2021 Renault Triber is going get released in market with six new features.
- The new car is going to have better fuel efficiency.
Renault India is all set to upgrade the Triber subcompact Multi-Purpose Vehicle (MPV) very soo...
S. KOREAN COLLECTIVE CARMAKER’S SALES ON SUVs ROSE 4.8 PERCENT IN JANUARY 2021
Highlights –
- S. Korean collective carmaker’s sales on SUVs rose 4.8 percent in January 2021.
- The data is by Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp., and SsangYong Motor Co.
- Domestic sales of the ...
HYUNDAI MOTOR CO. AND KIA MOTORS ASSUME FOURTH PLACE IN GLOBAL EV SALES
- Hyundai Motor Co. and KIA Motors Corp. have been placed fourth in global electric vehicles in the January-September period of 2020.
- Market Research Company SNE Research said on Nov. 23 that Hyundai and Kia sold an aggregate total of 130,000 electric vehicles, including pure ele...
EARLY RETIREMENT FOR UP TO 600 WORKERS AT MITSUBISHI MOTORS CORP.
Highlights –
- Early retirement for up to 600 workers at Mitsubishi Motors Corp.
- The automaking company is considering the process to start from mid-November.
- The move comes as a part of the company’s restructuring plan.
UBER VOWS TO SHIFT TO 100% ELECTRIC VEHICLES BY 2040
After years of criticism from environmental groups and officials over the pollution and the congestion caused by ride-hailing vehicles and calls for fleet electrification. Global ride-hailing platform, Kuber has finally taken a decision to switch to 100 percent electric vehicles. According to the...
KUMHO TIRES BUILDS CREDIBILITY AS PREMIER TIRE SUPPLIER FOR COMPACT SUVS
- Kumho Tire has reaffirmed its # 1 spot in domestic sales by supplying tires for new small sport utility vehicles (SUV’s), the tire maker said Tuesday.
- Currently, small SUVs are currently in the limelight in South Korea’s auto market with their reasonable price tag a...
RENAULT’S ZOE CAR LEAVES TESLA AND VOLKSWAGEN IN SHOCK IN EUROPE
Highlights:
- Renault launched its Zoe electric car
- German and French government offerings to the company
Renault SA had delivered quite the shock in the figures of its sales this week to anyone who had only paid attention to Tesl...
EUROPEAN STOCK MARKET SEES A STEADY RISE
Highlights –
- European shares gain due to insurer Allianz and carmaker Renault on Wednesday.
- The pan-European STOXX 600 rose 1.2%.
- COVID-19 vaccine helped STOXX 600 recover about 35% from March lows.
- Renault SA (RENA.PA) jum...
RENAULT ANNOUNCES CUTTING OFF 15,000 JOBS WORLDWIDE
Highlights –
- As a cost-cut plan due to pandemic, Renault to cut 15,000 jobs worldwide.
- Around 4,600 jobs will go to France.
- Six plants are under review for possible cuts and closure.
- The French firm plans to t...
RENAULT AIMING FOR POLE POSITION WITH ELECTRIC MODELS
In the world’s largest automobile market vis a vis China, Renault has taken a deliberate stance of phasing out its gasoline models and throwing its might behind Light Commercial vehicles and electric cars.
The car maker Renault announced on Tuesday that it would sell its 50 % stak...
TOYOTA RANKS SECOND IN GLOBAL SALES 2019
Highlights:
- Toyota is in second place in the 2019 global auto sales ranking.
- Toyota sold a total of 10.74 million units globally in 2019.
- Volkswagen remains at the top position for the fourth consecutive year.
Toyota Motor...
FRENCH RENAULT PUSHED TO REDUCE STAKES IN JAPANESE NISSAN
Highlights:
- The two companies have collaborated for nearly 20 years
- Falling sales has put pressure on Renault to take the call
Nissan and Renault have been embroiled in persistent controversies since 2018, over mismanagement of funds...
Manufacturing giant Nissan’s elusive ex-employee makes appearance in Lebanon
The automaker escaped in a daring and risky maneuver from Japan to Lebanon. Carlos Ghosn is accused of financial wrongdoing in the Nissan Motor Co. His wife Carole Ghosn has been charged as being an accomplice in his wrongdoing.
The former chairman categorically denies any wrongdoing on...
Kia COO Herrera faces an obstacle to CO2 and supports an electronic future
In five years, Renault plans to sell an electric car costing 10,000 euros in Europe. One of the greatest challenges we face is making EVs competitive, and the cheaper the vehicle, the more difficult it is. A 10,000-euro EV is very challenging and not very practical.
We know how hard it ...
Vauxhall union seeks guarantees over car merger
Britain’s union is looking for guarantees when it is looking at the future of Vauxhall after its owner France PSA Group agreed to a merger with Fiat Chrysler. This merger has led to the creation of the world’s fourth-largest car company and this has raised concerns about investment in...
The new Abiteboul irritated by the U-turn technology of rivals
Since reneging on a breaking deal that the Top 10 drivers on the grid would start their race in the compound that was used to pace their fastest time in Q2, Renault's Cyril Abiteboul became "unsafe" with F1's top teams.
The speed advantage of Mercedes, Ferrari, and Red...
New Nissan CEO pledges profitability repair and no capital ties with Renault
Makoto Uchida, the new Nissan CEO said that though Nissan Motor Co is involved in commitment of automaking alliance with French automaker, Renault SA, the future will not see the company looking to deepen its ties. New CEO explained on Monday. The first day of the new chief executive had him expl...
Bottas in the limelight for the first day of Yas Marina test on 2019 tires
On the initial days of testing, Valtteri Bottas was fastest at the Yas Marina circuit.
In order to evaluate new tires of Pirelli for the 2020 F1 season, the testing is being conducted. However, Bottas was amongst the leading two drivers who set their best time by making use of the curre...