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Friday 29 March 2024
Nissan strengthens partnership with Renault, plans joint exploration of Indian market
Nissan and Renault execs traveled together to India.
Wednesday 15 November 2023
Renault sets EUR10 Billion sales goal for EV business as IPO eyed
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and software arm Ampere, which the French carmaker aims to list in an...
Thursday 26 October 2023
Mitsubishi Motors to invest in Renault's EV venture, terminating production in China
Mitsubishi Motors announced on October 24 that it will invest up to EUR200 million (US$212 million) in alliance partner Renault's EV and software company, Ampere. The Japan-based...
Wednesday 26 July 2023
Nissan to invest $663 million in renault EV unit as alliance rejigged
Nissan Motor Co. has finalized plans to invest in Renault SA's electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
Thursday 13 July 2023
Geely and Renault ink agreement to establish hybrid, ICE powertrain joint venture
China-based Geely Holding Group and French Renault signed an agreement to set up a 50/50 joint venture to develop and produce powertrains for hybrid and internal combustion engine...
Friday 17 February 2023
Renault expects to dodge slowing economies with revamped models
Renault SA offered an upbeat view of its mainstay market, expecting strong demand in Europe for its overhauled lineup to insulate the carmaker from an economic downturn.
Tuesday 7 February 2023
Nissan to invest in Renault's new EV company, striking balance in alliance
Nissan Motor and Renault Group will collaborate under an enhanced partnership. The pair officially announced on February 6 the 15% cross-shareholding to take effect in the future...
Tuesday 31 January 2023
Nissan, Renault reach consensus on alliance restructuring
After a long negotiation, Nissan Motor is finally on an equal footing with Renault in their alliance. The latter has agreed to significantly reduce its stake in the Japanese automaker...
Tuesday 17 January 2023
Nissan, Renault on track to complete deal to revamp alliance
Nissan Motor Co.'s independent directors have agreed to proceed with a deal to rebalance the Japanese carmaker's two-decade alliance with Renault SA, a person familiar with the situation...
Tuesday 11 October 2022
Talks between Nissan and Renault could restructure the alliance
Nissan Motor has been discussing with its French partner Renault Group about investing in the latter's new EV business unit. Multiple media reports said the Japanese automaker would...
Tuesday 11 October 2022
Hyundai Motor charging ahead with multiple bold investments
Successfully averting the crisis of automotive chip shortages, Hyundai Motor Group leapt to the world's 3rd-largest automaker by sales volume in the first half of 2022, up from 5th...
Monday 21 March 2022
Will European auto supply chain move due to Russia-Ukraine war?
The automotive supply chain has been affected by the ongoing Russia-Ukraine war. European automakers have been hit the hardest due to their geographical relationship and have not...
Thursday 22 July 2021
Apple, carmakers vying for more ICs
Apple has stepped up its chip purchases for the upcoming iPhones, while first-tier automotive component vendors in the supply chains of carmakers in Japan are also vying for more...
Friday 12 January 2018
HYE to seek more sales of automotive diodes for electric cars in 2018
After gaining a solid ground in the solar diode market, Taiwan power discrete component supplier HY Electronic (HYE) is stepping up efforts to tap the market for automotive diodes...