DaciaRussia's revival is expected to lastJuly 26, 2012 06:01 CET  Industry leaders believe the resurgence in Russian new-car sales may be long-lasting, putting the county on track to permanently become Europe's biggest car market. Sales in Russia this year are expected to be about 2.85 million, according to the Moscow-based Association of European Businesses (AEB) -- close to the country's pre-crash high of 2.9 million in 2008 and approaching Germany's 3.2 million sales last year.... Read More »
Renault's global sales fall 3.3% in first half, hit by Europe slumpJuly 11, 2012 14:06 CET  Renault said its global vehicle sales fell 3.3 percent in the first half, dragged down by a worsening slump in the European market.... Read More »
Renault mulls upscale brands, further expansion as Europe sales fadeJune 19, 2012 06:01 CET  Renault is considering adding two upscale brands and further expanding in emerging markets to decrease the automaker's reliance on Europe's shrinking volume car market, the carmaker's Chief Operating Officer Carlos Tavares said.... Read More »
Renault-Nissan to take control of Russia's AvtoVAZMay 3, 2012 09:46 CET  The Renault-Nissan alliance will form a joint venture with Russian Technologies to become the largest shareholder in AvtoVAZ, Russia's biggest automaker.... Read More »
Renault-Nissan launch new production line in Russia with AvtoVAZApril 10, 2012 06:01 CET  Renault-Nissan and their Russia partner AvtoVAZ have opened a new production line at the Russian automaker's factory in Togliatti. The line has an annual capacity of 350,000 units and will build vehicles for the three brands, Renault said.... Read More »
Renault-Nissan must wait until the end of April for decision on AvtoVAZ dealApril 5, 2012 06:01 CET  A final decision regarding the sale of a controlling stake in Russia's largest carmaker AvtoVAZ to Renault-Nissan will be postponed until at least the end of this month, said the head of Russian Technologies, which holds a nearly 30 percent stake in the Russian automaker. Sergei Chemezov is due to meet with Renault and Nissan CEO Carlos Ghosn in Paris at the end of April to discuss the deal.... Read More »
Renault-Nissan said to finalize AvtoVAZ deal in AprilMarch 13, 2012 15:09 CET  The Renault-Nissan alliance will take a majority stake in Russian automaker AvtoVAZ in the coming weeks, French online newspaper LaTribune.fr reported, citing Renault's Russia general manager Bruno Ancelin.... Read More »
PSA, Renault say they can't build small cars profitably in FranceFeb. 15, 2012 06:01 CET  France’s manufacturing costs are so high that a subcompact car costs 1,300 euros more per unit than the same vehicle built in Turkey, a senior Renault executive told a French parliamentary commission. Renault COO Carlos Tavares detailed the nation’s high manufacturing costs in a Feb. 7 hearing in front of the French Senate’s economic commission.... Read More »
Renault begins Lodgy production in Morocco, targets EuropeFeb. 10, 2012 08:44 CET  Renault has opened its new Dacia plant in Morocco. The factory will build the Lodgy minivan and an as-yet unnamed model for European and other markets. The plant's opening generated a stir in France with critics accusing Renault of transferring jobs outside of the country.... Read More »
Renault posts record car sales in 2011 despite weak European marketJan. 17, 2012 14:08 CET  Renault's global vehicle sales rose 3.6 percent to a record 2.72 million vehicles in 2011 despite a weak European market, helped by strong demand in Russia, Turkey and Latin America.... Read More »
Dacia Lodgy minivan revealed ahead of Geneva debutJan. 5, 2012 15:27 CET  Dacia has released pictures of its new Lodgy model ahead of the minivan's debut at the Geneva auto show in March. The minivan will be available as a five- or seven seat vehicle when it goes on sale later this year.... Read More »
Renault veteran Kugler to lead key Euromed regionSept. 16, 2011 11:42 CET  Renault veteran Jean-Christophe Kugler will take charge of the automaker's key Euromed region on Nov. 1, succeeding Jacques Chauvet.... Read More »
DOUGLAS A. BOLDUC New Skoda sedan won't be a Logan fighter 12:01 am U.S. ET | Sept. 13, 2011  Skoda chief Winfried Vahland made one thing very clear when talking about the Czech automaker's new compact sedan: It is not a Dacia Logan competitor. Since Renault's Romanian subsidiary launched Logan in 2004, the the low-cost sedan has been winning customers who used to turn to the Volkswagen Group subsidiary for an entry-level model.... Read More »
2011 EUROSTAR: CAR DIVISION CEO Olive continues Dacia's success storyAug. 30, 2011 09:48 CET  Dacia is one of the automotive industry's biggest success stories, and Jerome Olive is making sure the Renault subsidiary's positive momentum continues. Olive, who joined Dacia as managing director in 2009, played a key role in the successful launch of the Duster, which started in April 2010. The brand's first crossover surpassed the 70,000-unit sales plateau at the end of June.... Read More »
Renault profit drops on supply problems, aging modelsJuly 28, 2011 09:42 CET  Renault said first-half operating profit fell 19 percent as supply problems and raw-material costs compounded weak European demand for aging models. Renault is being hurt by a lack of model introductions. The carmaker is due to unveil a revamped Twingo mini at September's Frankfurt auto show and an all-new Clio next year.... Read More »
Renault in Russia seen increasing share as No. 1 foreign carmakerJuly 22, 2011 14:56 CET  Renault, which this week outlined plans to boost its Russian supplier network and produce engines with local partner AvtoVAZ, has grabbed a lead in the fast-growing market that Volkswagen and Ford may struggle to follow.... Read More »
Renault-Nissan alliance wants 40% of Russian market by 2016July 20, 2011 10:01 CET  The Renault-Nissan alliance aims to increase new-car sales in Russia to 1.6 million units in the next five years as it seeks to take control of AvtoVAZ, the country's biggest carmaker. Boosting the alliance's share of the Russian market to 40 percent is part of Renault-Nissan CEO Carlos Ghosn's new Drive the Change 2012-2016 strategy.... Read More »
Nissan to introduce low-cost Logan for Russian buyersJuly 20, 2011 09:29 CET  Nissan will produce a Russian variant of Renault's no-frills Logan car, as the automakers pursue a combined 40 percent share of the fast-growing market with Russian partner AvtoVAZ. AvtoVAZ will begin manufacturing Nissan's first vehicle based on the Logan design next year and may produce gasoline engines and gearboxes for all three partners as soon as 2013.... Read More »
Soviet relic Lada fights for survival against VW, GMJune 29, 2011 06:01 CET  Lada, the car of the Soviet proletariat, survived the transition to capitalism and is now expanding to fend off Volkswagen and General Motors two decades after the collapse of communism. Lada parent AvtoVAZ, which is 25 percent-owned by Renault, plans to invest about $5.4 billion to introduce seven models in the next three years. The cars will in some cases replace vehicles that were developed before Mikhail Gorbachev came to power in 1985 and presided over the collapse of the Soviet Union.... Read More »
Ghosn bows to France as gov't widens role after spy affairJune 1, 2011 08:19 CET  Renault CEO Carlos Ghosn agreed to make development of upscale cars for French factories a "priority" as the government steps up its influence in the wake of a botched spy investigation. According to sources, France, the carmaker's biggest shareholder, made support for the appointment of new COO Carlos Tavares, conditional on strategy changes, including taking a stronger lead in its alliance with Nissan.... Read More »
Renault targets 100,000 car sales a year in return to IndiaMay 20, 2011 06:01 CET  Renault aims to sell 100,000 cars a year in India by the end of 2013, as the French automaker introduces its first model in the Asian country since exiting a joint venture with Mahindra & Mahindra Ltd. last year.... Read More »
Dacia's ‘Germanic' designs to remain distinct from Renault brandMay 4, 2011 08:41 CET  Renault will play a more important role in the management of its Dacia unit's designs as the company seeks to further differentiate the brand and to continue capitalizing on the low-cost division's sales success.... Read More »
Renault leadership vacuum may jeopardize Europe recovery planApril 26, 2011 07:04 CET  The exit of Renault's chief operating officer Patrick Pelata over a botched espionage investigation, threatens the French company's plan to reverse sagging European sales and expand in emerging markets, analysts said. Pelata's resignation leaves Renault without a permanent operational boss as it seeks to restore its core car-making business to consistent profitability and pursue sales and profit targets announced eight weeks before his departure.... Read More »
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