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Tag Archives: Renault

New Board wants to reduce tension at Renault, Nissan and Mitsubishi

Renault, Nissan and Mitsubishi plan to establish a new leadership structure for the alliance between the three automakers as they seek to stabilize relations shaken by the arrest of Carlos Ghosn. The architect and former boss of the Alliance, Mr. Ghosn Prior to his arrest in November for financial misconducts at Nissan, he had pushed for a merger to make …

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Renault has taken a "considerable" step with the F1 engine from 2019

After presenting the new RS19 at the Enstone factory on Tuesday, Renault F1 CEO Cyril Abiteboul said he was particularly optimistic about the progress made on the engine front. "Not a Number – But It's Considerable," he said when asked by Motorsport.com about the magnitude of the force involved. "The best I can do is that it's the biggest we've …

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Renault unveils new R.S.19 2019 F1 car and livery

Renault put his money where 2019 will be shouting by signing Daniel Ricciardo to drive for them alongside Nico Hulkenberg – and now they've revealed the car to their keen new riders this season, 19. Kept in unfamiliar yellow and black, Ricciardo helped his new teammate unveil their 2019 livery at Renault's Enstone factory in the UK, while digital renderings …

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Renault could have paid $ 57,000 for the wedding of Carlos Ghosn

Carlos and Carole Ghosn wear outfits similar to those of their wedding in the Palace of Versailles. Photo: Andreas Rentz (Getty Images) Former Renault boss Carlos Ghosn arrested in November for alleged financial misconduct awaits trial in a Tokyo jail without bail. The Lebanese government even gave Ghosn a mattress last year, allegedly sleeping on a mat. But how different …

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Renault notifies prosecutors of the wedding costs of former CEO Ghosn

PARIS (Reuters) – Renault is investigating a sponsorship deal with the Chateau de Versailles, which included a personal gain of 50,000 euros ($ 57,000) for its former scandal chief Carlos Ghosn, said the car maker on Thursday. FILE PHOTO: Renault-Nissan Alliance Chairman and CEO Carlos Ghosn poses at its headquarters in Boulogne-Billancourt, near Paris on 12 February 2016 after Renault's …

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Carlos Ghosn resigned as Renault boss

A spokeswoman for the French Treasury said Ghosn, who is in jail in Tokyo, stepped down on Wednesday night. The French State owns 15% of Renault ( RNLSY ) . Ghosn was arrested on 19 November in Tokyo. He was indicted by Japanese prosecutors for financial misconduct as boss of the automaker. Nissan ( NSANF ) . Ghosn denies the …

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Paris informs Tokyo that Renault and Nissan are to be integrated: Nikkei

The logos of the car manufacturers Renault and Nissan can be seen on 15 January 2019 in front of a joint dealer of the companies in Saint-Avold (France). REUTERS / Christian Hartmann TOKYO (Reuters) – A French government delegation to Tokyo has announced that it intends an integration of Renault ( RENA.PA ) and Nissan ( 7201.T ) Nikkei reported …

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Michelin boss a possible successor to Ghosn at Renault – France finance minister

FILE PHOTO: Jean-Dominique Senard, Michelin tire maker Chief Executive Officer, Paris, France, October 3, 2018. REUTERS / Regis Duvignau / Pool PARIS (Reuters) – Michelin ( MICP.PA ) Chief executive Jean-Dominique Senard could be a good choice to head carmaker Renault ( RENA.PA ), French finance minister Bruno Le Maire said in a newspaper interview published on Sunday. Renault's sister …

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Change at Unilever; Minutes fed; Meeting of Mitsubishi, Nissan and Renault

Successor to Alan Jope, the current director of the Group's beauty and personal care business. Relocation occurs after Unilever abolished a plan to relocate its UK headquarters due to a revolt by investors. Unilever (UL) shares were slightly higher on Thursday. . 2 Fed moves: US stock markets rallied dramatically on Wednesday after US Federal Reserve Chairman Jerome Powell signaled …

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Why Renault Nissan boss Carlos Ghosn was arrested

Ghosn's career has taken decades, and over all these years his boastful and temporary corporate behavior has been observed. Prior to the arrival of Tesla CEO Elon Musk at the scene, Ghosn was the undisputed top dog, the Rockstar automobile leader. And he acted as if he knew it. Anyone who has seen the 1970 Oscar-winning film "Patton" knows the …

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