Tag Archives: european auto sales decline

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

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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

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