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How a hand gesture can turn into a corporate crisis

July 07, 2024

Renault Korea, the Korean subsidiary of French carmaker Renault S.A., is grappling with a backlash over promotional videos that included a controversial finger-pinching gesture perceived as offensive towards men in South Korea.

Renault nears battery-supply deals for French electric-car hub

June 25, 2021

Renault is closing in on a pact with a unit of Chinas Envision Group to produce batteries for its future electric-vehicle manufacturing hub in northern France, according to people familiar with the plan.

Renault CEO lays out plan to slowly improve profitability

THURSDAY, JANUARY 14, 2021

Renault set conservative goals to gradually return to pre-pandemic levels of profitability, reflecting the challenges Chief Executive Officer Luca de Meo will have turning around the struggling French carmaker.

Renault's made-in-China electric SUV stirs labor unrest at home

FRIDAY, OCTOBER 23, 2020

Renault unions are raising hackles about the French carmaker producing a new electric mini-SUV in China and selling it in Europe, a clash that could become more common given how many companies have similar plans.

Renault rattled by threat from Chinese electric cars imports

SATURDAY, JUNE 13, 2020

A flood of Chinese electric cars coming ashore in Norway -- one of the biggest markets for battery-powered vehicles in Europe -- is a sign of the "ferocious competition" awaiting the region's automakers.

Renault to cut 14,600 jobs worldwide in race to slash costs

FRIDAY, MAY 29, 2020

Renault plans to eliminate about 14,600 jobs worldwide and lower production capacity by almost a fifth in a move to dramatically reduce costs and outlast the downturn that has rocked the global auto industry.

Renault, Nissan abandon race for growth to focus on costs

WEDNESDAY, MAY 27, 2020

Renault and Japanese partners Nissan and Mitsubishi unveiled a plan for deeper cooperation in developing and building vehicles as they seek to salvage their strained alliance and weather a collapse in car demand.

Renault says sales drop 19%

THURSDAY, APRIL 23, 2020

Renault posted a plunge in first-quarter sales and said it's impossible to judge the impact the coronavirus will have on results as the pandemic clobbers the auto industry.

Renault rebounds as Delbos outlines disposals, cost cuts

FRIDAY, FEBRUARY 14, 2020

Renault shares rebounded after acting Chief Executive Officer Clotilde Delbos said the carmaker would consider asset sales and plant closures as part of a cost-cutting plan.

Renault-Nissan alliance being rebuilt after Carlos Ghosn era

FRIDAY, JANUARY 17, 2020

Renault Chairman Jean-Dominique Senard said the two-decade automotive partnership with Nissan has moved on from the Carlos Ghosn era, dismissing reports it's in danger of collapse and signaling the "anguish" of last year is over.

Abe, Macron discuss Nissan-Renault alliance

SATURDAY, DECEMBER 01, 2018

Prime Minister Shinzo Abe and French President Emmanuel Macron held bilateral talks on the sidelines of the Group of 20 summit in Buenos Aires on Friday, apparently to discuss the alliance between Nissan Motor Co., Renault SA and Mitsubishi Motors Corp.

Renault green lights Ghosn for four more years at the top

FRIDAY, FEBRUARY 16, 2018

French auto giant Renault's board on Thursday backed a new four-year term for chief executive Carlos Ghosn and set up his succession by naming a number two.

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