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Group Renault Revenues of €11.5 billion in Q3 2018 or -6%
During Q3 2018, Group Renault revenues reached €11,484 million (-6.0%). At constant exchange rates, Group revenues decreased by -1.4%. Continue reading
Renault Nissan Sets Sales Record in 2012 Despite EU, Asian Drops
In 2012, global sales of all zero-emission vehicles across the Alliance were 43,829 units, up 83.8% from 2011 as Nissan LEAF sales increased worldwide and Renault launched two more EVs. The Alliance’s worldwide zero-emission market share stood at 64%, excluding Twizy, Renault’s two-seater urban commuter. Since sales began in December 2010 to the end of 2012, the Alliance sold 67,723 zero-emission vehicles globally. Billions of dollars are at stake for shareholders in this EV investment that is thus far behind its original sales goals. Continue reading
Renault-Nissan Take Control of Russian Automaker Avtovaz
Total auto industry volume in Russia last year was 2.65 million vehicles, including light commercial vehicles. Volume in 2012 is expected to be 2.9 million units. The economy went through a bubble and subsequent collapse a few years back, and Lada has been steadily losing share all through the recession. Continue reading
Posted in auto news, economy, manufacturing, milestones
Tagged auto informed, autoinformed.com, automotive news, avtovaz, carlos ghosn, Ken Zino, lada, renault-nissan, russia
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Renault Group Industrial Activities in Russia Suspended
Renault Group had previously taken the necessary measures to comply with international sanctions. However, President Biden is known to be pushing for further sanctions, and is visiting the EU in Brussels today, and then going to Poland. Continue reading →