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Topic

French carmaker

Renault to invest $377mn in Brazil

Renault to invest $377mn in Brazil

Published 01 Jul, 2022 06:57pm
SAO PAULO: French carmaker Renault SA said it will invest 2 billion reais ($377.12 million) in Brazil for the...
Renault hoping to make more money from its Arkana model

Renault hoping to make more money from its Arkana model

Published 06 May, 2021 05:33pm
  • Renault said it was aiming to raise the average turnover per unit of its Arkana model to 30,000 euros ($36,153), from 15,000 euros at present.
  • Renault is looking to produce fewer cars and focus on those with higher margins, and this strategy is starting to bear some fruit despite weak overall results.
France's Renault scraps investment in new diesel engine

France's Renault scraps investment in new diesel engine

Published 23 Apr, 2021 08:46pm
  • Auto groups are accelerating an overhaul away from diesel and into electric cars, encouraged by more stringent rules on pollution and emissions and growing consumer demand for greener vehicles.
Citroen hopes new C5 X large sedan will help inspire sales revival

Citroen hopes new C5 X large sedan will help inspire sales revival

Published 12 Apr, 2021 07:15pm
  • Citroen, part of the Stellantis group created earlier this year from the merger of PSA Group and Fiat Chrysler, said on Monday it will manufacture the C5 X in the city of Chengdu in China.
  • The C5 X - the first new vehicle to be launched since Stellantis was formed in January - will go on sale in the second half of the year in China and European markets. It will be available in both petrol and plug-in hybrid versions.
Renault, Daimler in talks to develop next generation large van

Renault, Daimler in talks to develop next generation large van

Published 02 Feb, 2021 06:46pm
  • The pair could team up in some capacity to work on the next generation of Renault Master vans.
  • Demand for vans of all sizes has jumped amid the COVID-19 pandemic, fuelled by ecommerce deliveries as people have ordered more goods from home during lockdowns.
New Renault boss plans leaner, electric future

New Renault boss plans leaner, electric future

Published 14 Jan, 2021 08:14pm
  • Targets 3 bln euros in cost savings by 2025.
  • To cut car output to 3.1 mln by 2025 vs 4 mln in 2019.
  • Operating margins to reach 5% by 2023.
  • Renault attempting to turn around Nissan alliance.
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