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Renault doubles capacity at Russian auto plant

Renault doubles capacity at Russian auto plant
French auto giant Renault Monday inaugurated its upgraded Avtoframos plant in Moscow where annual capacity has been doubled to 160,000 vehicles in a key market the company believes has bottomed out. Renault chief executive Carlos Ghosn and Moscow city mayor Yury Luzhkov officially opened the facilities...
March 2nd, 2010 | Renault | Read More

Nissan partners with City of Houston

Nissan partners with City of Houston
The Renault-Nissan Alliance today announced that Nissan is entering into an agreement with the City of Houston to advance zero-emission mobility in the city by promoting the development of an electric-vehicle charging network and policies to support widespread adoptions of electric cars. The announcement,...
February 5th, 2010 | Nissan, Renault | Read More

Renault to end Clio production in Spain

Renault to end Clio production in Spain
French carmaker Renault is planning to shut down production of its Clio model in Spain and Slovenia but the car will still be made in France, a company executive said Wednesday. "We plan to stop production of the Clio in Spain and Slovenia," Patrick Pelata, Renault's chief operating officer, told reporters...
January 13th, 2010 | Renault | Read More

Renault takes major hit on Nissan losses

Renault takes major hit on Nissan losses
French automaker Renault said on Tuesday that losses at Japanese unit Nissan Motor will cost it 1.15 billion euros (1.57 billion dollars) in the first quarter of this year. Nissan Motor, Japan's number-three automaker, announced earlier Tuesday its first annual loss in almost a decade and said it expected...
May 12th, 2009 | Renault | Read More

Renault workers sign up for departure plan

Workers at French carmaker Renault have fully taken up a voluntary departure plan, with more than 3,900 out of a possible 4,000 staff signing up to leave, the company's lawyer said Friday. Union leaders from the CGT were petitioning a French court to block the departure plan, which has sparked a...
November 7th, 2008 | Renault | Read More

Renault closes 'almost all' French factories for a week

French automaker Renualt will close "almost all" of its plants on its home soil for one to two weeks from next week, the a trade union representing workers in the factories told AFP on Friday. "Almost all will be closed for one or two week, maybe more. It'll start next week in Le Mans, which will...
October 24th, 2008 | Renault | Read More

Renault outlines job cut plans, key union calls for strike

French automaker Renault outlined plans Tuesday for the elimination of 6,000 jobs in France and Europe in a bid to become more competitive, sparking a strike call from a key trade union. Renault presented its workers' committee with details of a plan, announced in July, for the voluntary departure...
September 9th, 2008 | Renault | Read More

Renault to cut 5,000 jobs as it prepares for downturn

French giant automaker Renault said on Thursday it will cut about 5,000 jobs in Europe among measures to reduce costs by 10 percent as it prepares for a sharp and possibly rocky downturn. "We can see in the second half of this year and going into 2009 a sharper slowdown on the European markets," Renault...
July 24th, 2008 | Renault | Read More

Renault cuts sales target, cites economic environment

French automaker Renault cut its sales forecast for this year on Wednesday after saying its sales worldwide rose by 4.3 percent in the first half compared to the same period of 2007. Renault had previously been expecting growth in sales of 10 percent over 2008, but it reduced this forecast to 5.0-10.0...
July 9th, 2008 | Renault | Read More

Renault global sales up 8.3% in April

French automaker Renault said on Friday its global unit sales rose 8.3 percent from a year earlier to 228,146 vehicles in April. Renault has set a 2008 sales growth target of 10 percent for 2008. It said its April sales in the European market, which increased 7.8 percent overall in the month, rose 3.5...
May 16th, 2008 | Renault | Read More
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