France

PSA plans to cut 850 jobs at French factory, report says

Feb. 5, 2016 11:04 CET

PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported....
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French automakers lose ground to rebounding VW

Feb. 1, 2016 13:04 CET

French new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen....
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PSA, Renault, FCA eye deals as Iran president tours EU

Jan. 25, 2016 16:14 CET

Iranian President Hassan Rouhani arrived in Italy on Monday for the first stop of a European tour that may see him explore manufacturing partnerships with Fiat Chrysler Automobiles, PSA and Renault. FCA CEO Sergio Marchionne has said he sees opportunities in Iran....
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PSA may start fresh union talks by end of March

Jan. 22, 2016 12:02 CET

PSA/Peugeot-Citroen could start talks with French unions on a new competitiveness plan by the end of March, Reuters reported. PSA said working methods and digitalization would be of future labor talks....
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Renault CEO Ghosn sees need for new rules amid emissions scrutiny

Jan. 22, 2016 10:54 CET

Renault CEO Carlos Ghosn said regulators need to determine new rules for checking vehicle emissions after probes sparked by VW Group's test cheating exposed differences between laboratory results and on-street performance....
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Mercedes, Opel to face French emissions panel

Jan. 21, 2016 06:01 CET

Mercedes and Opel will face a French panel that is looking into excessive tailpipe emissions in the wake of the Volkswagen Group scandal....
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Renault faces criticism over late disclosure of raids

Jan. 18, 2016 14:25 CET

Renault is facing criticism over the length of time it took to reveal that French investigators had raided the automaker on Jan. 7 in relation to rigged emissions testing. The raids remained a secret for nearly a week until a trade union mentioned the news almost as an afterthought in a leaflet about jobs....
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Renault emissions-fraud probe may hinder France's stake sale

Jan. 15, 2016 13:00 CET

Renault's share drop following the news that the automaker is being probed over emissions tests could make it harder for the French state to reduce its stake in the automaker as planned....
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Renault not forced to repay low-emissions tax breaks for now, report says

Jan. 15, 2016 10:57 CET

France is not considering claiming back tax breaks for low-emissions vehicles from Renault after tests showed that emissions from some of its cars exceeded limits, a French newspaper reported....
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Germany, France, Italy, Spain report robust car sales in December

Jan. 5, 2016 11:33 CET

European new-car sales are showing a strong finish to 2015 as December registrations rose in the key markets of Germany, France, Italy and Spain....
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French new-car sales grew 7% in 2015 in biggest rise since 2009

Jan. 1, 2016 12:51 CET

French new-car sales grew by nearly 7 percent in 2015, the highest annual rise since 2009. Registrations increased by 13 percent in December....
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Plastic Omnium agrees to buy Faurecia's auto exteriors parts unit for $732 million

3:47 pm U.S. ET | Dec. 14, 2015

Plastic Omnium, in a consolidation among French auto suppliers, said today it agreed to acquire Faurecia's automotive exteriors business in a transaction valued at 665 million euros ($732.4 million)....
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French pledge seen averting crisis at Renault-Nissan for now

Dec. 14, 2015 13:52 CET

The French government's pledge not to interfere in Nissan's governance has averted a crisis for the alliance with Renault, but it fails to solve the underlying imbalance in the partnership, according to a leading Japanese research group....
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Nissan supports Renault, French gov't power agreement

Dec. 12, 2015 10:27 CET

Nissan said it supported a power-sharing compromise deal between parent company Renault and the French government, drawing a line under a power struggle between Paris and the two companies....
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Renault-Nissan reaches deal with France, ending power struggle

Dec. 11, 2015 11:02 CET

Renault has reached agreements with Nissan and the French government to end an eight-month dispute over increased state influence on the carmaking alliance....
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Renault-Nissan CEO Ghosn hopes to resolve alliance rift next week

Dec. 4, 2015 10:51 CET

Renault-Nissan CEO Carlos Ghosn hopes to resolve a rift in the alliance caused by the French government by Dec. 11. Talks between the government and Nissan have made "significant progress," French media reports said....
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VW's French market share fell in Nov. amid industrywide gain

Dec. 1, 2015 11:13 CET

French new-car registrations rose 11 percent in November as most major carmakers, including scandal-hit Volkswagen Group, made gains....
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France opposes changes to Renault-Nissan structure

Nov. 25, 2015 21:52 CET

France's decision to secure double voting rights in Renault should not result in any changes to the structure of the automaker's partnership with Nissan, the country's economy minister said. Sources say Renault-Nissan CEO Carlos Ghosn wants to give Nissan more say over the alliance....
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Renault, PSA join mourning for victims of Paris attacks

Nov. 16, 2015 15:20 CET

Renault and PSA joined three days of national mourning called by the French government in memory of victims of the Paris terror attacks on Friday....
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France close to returning to 15% Renault stake, economy minister says

Nov. 10, 2015 11:15 CET

France is close to reducing its stake in Renault back to 15 percent and wants the governance structure in its alliance with Nissan to remain unchanged, Economy Minister Emmanuel Macron said....
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Renault directors defend support for Ghosn in power struggle with France

Nov. 5, 2015 10:56 CET

Renault's independent directors defended their support for CEO Carlos Ghosn in his standoff with the French government over the future of the carmaker and its alliance with Nissan....
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Italy joins France, Spain in reporting rise in October car sales

Nov. 3, 2015 11:15 CET

Italy joined Spain and France in reporting increases in October new-car sales. Italian registrations rose nearly 9 percent. In Spain, sales increased by 5 percent and French sales were up 1 percent....
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Renault, VW Group and Fiat gain ground as French October car sales rise 1 percent

Nov. 2, 2015 11:10 CET

French car sales rose by nearly 1 percent in October, with Renault recovering lost ground while rival PSA's volume dropped sharply. VW Group, Fiat and Toyota gained sales. Demand for Ford and Opel vehicles slipped....
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Nissan wary of French state's role as it seeks closer Renault alliance

Nov. 2, 2015 12:15 CET

Nissan is concerned about the French government's growing influence over Renault as it seeks to strengthen the automakers' alliance, said Hiroto Saikawa, the Japanese automaker's chief competitive officer....
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Nissan seeks end to Renault control in power struggle

Oct. 27, 2015 12:50 CET

Nissan has drawn up proposals to exit Renault control by purchasing a larger stake in its French alliance partner, sources told Reuters. The move comes amid a power struggle between Renault-Nissan CEO Carlos Ghosn and the French state, Renault's biggest shareholder....
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