After signing a non-binding agreement last November, it’s official. The Renault Group (including its alliance partners, Nissan and Mitsubishi) and Geely are combining their internal combustion engine development and manufacturing operations.
Showing posts with label Renault Corporate. Show all posts
Showing posts with label Renault Corporate. Show all posts
July 12, 2023
Official: Nissan, Mitsubishi, Geely To Share Engines
After signing a non-binding agreement last November, it’s official. The Renault Group (including its alliance partners, Nissan and Mitsubishi) and Geely are combining their internal combustion engine development and manufacturing operations.
January 31, 2023
Nissan, Renault Rebalance Alliance To Become Equal Partners
Nissan and Renault have agreed to equalize the stakes they hold in each other in what could be a major step in reviving their alliance.
November 9, 2022
Nissan, Mitsubishi To Use Geely-Developed Powertrains
Geely and Renault have signed a non-binding agreement to develop, manufacture, and supply hybrid and internal combustion engine powertrains. Under the framework agreement, Geely and Renault will form a new company with each auto group holding a 50-50 equity stake.
May 11, 2022
Geely Acquires 34 Percent Stake In Renault Korea
Geely is set to own over a third of Renault’s South Korean subsidiary just nine months after the two companies signed a memorandum of understanding.
April 25, 2022
Renault Looking To Sell Stake At Nissan
Is Renault sharing a part of its stake at Nissan? Based on a Bloomberg report, that’s a possibility as the French automaker is looking to finance the development of its electric vehicles.
January 27, 2022
Renault, Nissan, Mitsubishi To Share 80 Percent Of Global Platforms
Renault, Nissan, and Mitsubishi—collectively known as the Alliance announced that they are seeking to share 80 percent of their platforms from the current 60 percent today in their combined 90 models by 2026.
January 22, 2022
Fed Up, Renault Partners With Geely For Future Products
Despite being part of the Alliance with Nissan and Mitsubishi, French carmaker Renault has chosen a different partner as it seeks to beef up its presence in Asia: Geely.
August 9, 2021
Renault To Use Geely Platforms To Accelerate Growth In Asia
Renault and Geely have announced a Memorandum of Understanding (MOU) that will allow them to co-operate and co-develop future cars focused on the Chinese and even South Korean markets.
May 26, 2021
Nissan, Mitsubishi, Renault Alliance "Maxed Out" Says Exec
Nissan thinks they’ve maxed out the sharing of platforms, powertrains, and components in their alliance with Renault and Mitsubishi. And for them, the only way they can do more is through electrification.
March 11, 2021
Mitsubishi to Source Two New Models from Renault
Renault will build two new sister models for alliance partner, Mitsubishi Motors starting in 2023, a reversal of the Japanese carmaker’s plan to withdraw from the European market.
January 15, 2021
Alpine, Lotus to Jointly Develop a Sportscar
French sportscar brand Alpine and the U.K.’s Lotus will jointly develop a new zero emissions sportscar. This was revealed as the two brands sign a memorandum of understanding (MOU).
September 7, 2020
Renault to Race as Alpine in Formula 1 Starting in 2021
By naming its team Alpine from the 2021 season, Renault has chosen to put the colors of French excellence at the heart of Formula 1. Already recognized for its records and successes in endurance and rallying, the Alpine name naturally finds its place in the high standards, prestige and performance of Formula 1.
July 30, 2020
Peugeot Design Director Heads to Renault
Peugeot’s Design Director, Gilles Vidal has left the brand. Vidal’s role at Peugeot has been taken over by Matthias Hossann who, among other things, helped designed the e-Legend Concept pictured.
July 27, 2020
Renault Gave an Entire French Town a Car Just to Prove a Point
Renault has helped create the first 100 percent electric town by giving every household in the town of Appy in the Ariege region of France a New Zoe electric vehicle to experience for three years.
May 28, 2020
Mitsubishi to Develop Small Cars for Nissan for ASEAN
There will be no merger Renault-Nissan merger, instead there will be a deeper level of cooperation between the two car companies. This plan was announced as one of the world’s leading automotive alliances seek to enhance its competitiveness and profitability.
June 6, 2019
Nissan Blocks Fiat Chrysler's Planned Merger with Renault
The planned merger of Fiat Chrysler Automobiles (FCA) with Renault is off after Nissan refused to back the proposal that would have created the third largest carmaker in the world.
May 28, 2019
Fiat Chrysler Could Merge with Renault
Fiat Chrysler Automobiles (FCA) has confirmed that they are seeking to merge with Groupe Renault, which if pushes through, will form the third largest automaker in the world.
January 31, 2019
Renault-Nissan-Mitsubishi Alliance Retains Position as Largest Seller for Passenger Cars and LCVs in the World
Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today that its member companies sold a combined total of 10,756,875 units in the 12 months to December 31, 2018. The Alliance maintained its position as the world leader in volume sales of passenger and light commercial vehicles.
January 28, 2019
Ghosn is Now Out of Renault, Saikawa Might Step Down from Nissan Too
Disgraced former Nissan CEO Carlos Ghosn was forced to resign at Renault in the wake of a financial scandal that has rocked the automotive industry. In turn, Renault has appointed Michelin boss Jean-Dominique Senard as its new chairman.
September 20, 2017
Renault-Nissan-Mitsubishi Alliance Announce Ambitious 2022 Goal
“Today marks a new milestone for our member companies. By the end of our strategic plan Alliance 2022, we aim to double our annual synergies to Euro 10 billion. To achieve this target, on one side Renault, Nissan, and Mitsubishi Motors will accelerate collaboration on common platforms, powertrains and next-generation electric, autonomous and connected technologies. From the other side, synergies will be enhanced by our growing scale. Our total annual sales are forecast to exceed 14 million units, generating revenues expected at $240 billion by the end of the plan,” said Carlos Ghosn, chairman and chief executive officer of the Renault-Nissan-Mitsubishi Alliance as he outlined the new Alliance 2022 initiative.
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