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Renault
Business, Technology, Equipment

Renault, China’s Geely Sign $8.8 Billion Powertrain Tie-Up

Renault vehicle on assembly line

France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company.

Albertina Torsoli and Linda Lew | Bloomberg News
July 11, 2023
Business, Equipment, Fuel

Renault Seeks Bank Pitches for Listing EV Arm

A Renault grill

Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.

Swetha Gopinath and Albertina Torsoli | Bloomberg News
March 23, 2023
Business, Technology

Renault in Talks With Volvo Trucks About FlexEVan Partnership

A trailer transports Renault SA vehicles

Renault SA is in discussions with truck maker Volvo AB to collaborate on the French carmaker’s new electric van project to take on rivals such as Stellantis NV, according to people familiar with the matter.

Albertina Torsoli | Bloomberg News
February 10, 2023
Business, Technology

Renault Empowers CEO de Meo as Nissan Talks Drag On

Renault SA CEO and newly-appointed director Luca de Meo

Renault SA’s board named CEO Luca de Meo as a director and reappointed Chairman Jean-Dominique Senard for another four-year term, a sign of support for their plan to reshape the partnership with Nissan Motor Co.

Albertina Torsoli | Bloomberg News
December 16, 2022
Business, Technology

Coke’s Electric Renault Trucks Debut Before Tesla’s Pepsi Semis

A fully electric Renault truck

Renault Trucks has helped Coca-Cola beat Pepsi and Tesla Inc. to the punch on electric deliveries. Coca-Cola will start using battery trucks from the Volvo AB-owned brand for local trips in Belgium on Nov. 24.

Rafaela Lindeberg | Bloomberg News
November 28, 2022
Business, Technology, Equipment

Renault, China’s Geely Announce Powertrain Joint Venture

Visitors look at cars produced by Geely

Renault SA and China’s Geely announced plans on Nov. 8 for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs.

Associated Press
November 8, 2022
Government, Business

Renault to Sell Russian Operations to Moscow

Image

Russia will take control of French car manufacturer Renault’s operations in the country and resurrect a Soviet-era auto brand, officials said May 16, marking the first major nationalization of a foreign business since the war in Ukraine began.

Associated Press
May 16, 2022
Government, Business, Equipment

Renault Has No Good Options as Other Automakers Turn on Russia

Image

After the invasion of Ukraine, international carmakers are winding down Russian operations in droves.

Stefan Nicola | Bloomberg News
March 3, 2022
Business

Renault to Sell $1.4 Billion Daimler Stake

Image

Renault SA plans to sell shares in Daimler AG worth about $1.4 billion (1.2 billion euros) to secure funds for its turnaround efforts after a record annual loss.

Bloomberg News
March 11, 2021
Business, Technology, Autonomous

Renault to Close Main China Business, Will Focus on Electrics

Image

BEIJING — Renault SA said April 14 it will shut down its main China business and focus on electric and commercial vehicles.

Associated Press
April 14, 2020

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