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Renault Group Reveals Its 2016 Plan – Largely Outside Europe
The plan is heavily dependent on cost cutting, growth in emerging markets, and success of electric vehicles. In a statement that disappointed analysts, and sent the stock price down, Ghosn dismissed out of hand a merger with Nissan, claiming it was culturally impossible. Continue reading
Posted in auto news, economy, milestones, news analysis, results
Tagged auto informed, auto news, auto plants, autoinformed, autoinformed.com, automotive news, emerging auto markets, european auto business, european auto results, european auto sales decline, ghosn, Ken Zino, nissan, renault 2016, renault group, renault growth plans, results, volkswagen, zino
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Renault Shifts Most of New €5.7 billion Investment out of European Plants. Promises No Job Losses in France
Renault SA (RNO.FR) said this morning that it is adjusting its industrial base and putting €5.7 billion ($7.9 b) investment into plants by 2013, largely in emerging markets. The French automaker was quick to add that France would remain the … Continue reading
