Tag Archives: Renault

Renault Revives Alpine with First Le Mans Entry in 35 Years

Last November, Renault said it will revive the long defunct Alpine brand with the creation of the Société des Automobiles Alpine Caterham. While the first new Alpine is expected go on sale in 2016, the publicity machine is already in full operation. Continue reading

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Renault Group Q1 Sales, Revenues Drop from Eurozone Crisis

The problem was almost entirely in the home French market which shrunk by 19.4%. As a result, Renault Group’s European market share decreased to 9.1%. The EU is heading for its fifth straight year of auto sales declines as politicians and bankers continue to pursue policies that increase unemployment and decrease economic activity. The mix of sales outside Europe reached 46%, up 8 points compared to the first quarter 2011. Continue reading

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Nissan and Daimler to Build Engines in Tennessee

For years Mercedes-Benz sold gas guzzlers in the U.S., paying millions in fines – passed on to customers – for its flouting of CAFE regulations. Much higher fines under the latest CAFE standards and growing pro-environmental standards globally makes this a risky strategy going forward. Continue reading

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Renault Dedicates Enlarged Electric Vehicle Test Center

Since missing the hybrid segment completely that Toyota went on to dominate globally, reaping billions upon billions of dollars worth of “Green” image benefits in the process, Carlos Ghosn, CEO of both Renault and Nissan, has “bet the farm” by investing almost $5 billion in electric vehicles. Thus far, the Nissan Leaf, with roughly 8,000 sales year-to-date, has not met expectations in the U.S. Nissan, optimistically, wants 20% of its sales to be EVs by 2020. Continue reading

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Passenger Car Sales Down in EU Again as Economy Struggles

However some winners are emerging. Volkswagen Group remains the powerhouse in Europe with 23% share year-to-date of the EU and European Free Trade Areas. BMW group also posted strong double digit gains, as did Nissan, although both are on relatively small basis. The same could be said for Hyundai and Kia, which now have combines sales of more than 345,000 units year-to-date, compared to Volvo’s 138,000. Continue reading

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