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Renault

Renault Splits Off EVs Into Own Unit

Part of industry shift away from ICE vehicles.

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Nissan Raises Profit Outlook

The Japanese automaker forecasts operating profit for the fiscal year will hit 360 billion yen ($2.5 billion), up 100 billion yen from its July forecast.

Russian Automaker Producing Vehicles Without Standard Safety Features

AvtoVAZ has started building vehicles without airbags, antilock brakes and other safety features because international sanctions have blocked imports of needed parts.

Experts Predict Russia-Ukraine Conflict Will Slash Global Vehicle Production

Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.

Renault Nissan Mitsubishi Alliance to Strengthen EV Position with New Investments in APAC

The investments in shared platforms and standardization of batteries across models will help the three brands to achieve economies of scale and enhance their competitive position in the global EV market.

Manufacturers Hopeful That Chip Supply Will Improve in Q4

Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.

FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.

FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s third-largest manufacturer.

Renault Alliance Launches $1B Fund for Next-Gen Mobility

Alliance Ventures, a new corporate venture capital fund, will act as the main interface for startups, investors, and the venture capital ecosystem, and will prioritize open innovation in new mobility, including electrification, autonomous systems, connectivity, and artificial intelligence.

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