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Group Renault Sets Half-Year Sales Record – 1.88 Million
Group Renault registrations worldwide, including Lada, increased 10.4% in the first half of 2017, in a light-vehicle market that was only up 2.6%. Continue reading
Posted in results, sales
Tagged autoinformed, autoinformed.com, Dacia, Groupe Renault, Ken Zino, Renault Q2 2017 Sales, Renault Samsung Motors
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Renault and Nissan Shuffle Alliance Holdings
Renault Group (Euronext: RNO) and Nissan (7201T and NSANY ADR) today announced new business projects for the evolving remains of the failed Renault Nissan Alliance. Renault Group would own 100% of Renault Nissan Automotive India Private Ltd (RNAIPL) by acquiring the 51% shareholding currently held by financially ailing Nissan. Nissan said it will maintain a presence in India with a focus on increasing market coverage. At its heart the shuffle involves complex product programs across global markets, once again requiring cooperation among diverse and distinct corporate cultures that have a troubled past working together. Continue reading →