Renault

Many of us will be familiar with package deliveries by truck, some may get their hot meals delivered by cargo bike and a few might even have had meds arrive by drone. Now Renault has combined all three for the E-Tech Master OptiModale concept.The all-electric package delivery triple starts with a 3.5-tonne long-wheel-base L3H1 Master E-Tech Platform Cab configuration from Renault Trucks with a R75 electric motor and 33-kWh battery pack combination for around 128 km (80 miles) of per-charge driving – though a 53-kWh…

The Board of Directors of Renault Group has unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest in AvtoVAZ to NAMI (the Central Research and Development Automobile and Engine Institute). The closing of these transactions is not subject to any conditions, and all required approvals have been obtained, Renault said. There is a potential way…

PARIS—French auto maker Renault SA RNO -0.51% has reached a deal to cede its 68% stake in Russia’s biggest auto maker to a state-backed entity for one ruble and a six-year option to buy back its shares, according to people familiar with the matter, an illustration of the limited options Western firms face in leaving Russia.Renault said Monday that it was handing over its stake in Russian car maker AvtoVAZ to NAMI, a state-backed automotive research and development…

Russian Industry and Trade Minister Denis Manturov said in April that Renault planned to sell its Russian assets for "one symbolic ruble" French automaker Renault has handed over its Russian assets to the Russian government, both parties announced Monday, marking the first major nationalisation since the onset of sanctions over Moscow's military campaign in Ukraine.…

Renault May Discount Offers: With an eye on boosting its sales, Renault is offering a series of discount benefits on select models of its lineup in India. Apart from cash discounts on some models, the automaker is offering benefits equivalent to Rs 75,000. The offers will be applicable on purchases of MY21 and MY 22 models of Kwid, Triber and Kiger during May. If you have been planning to drive a new car home, the Renault offer may help you save up on the purchase. Here's a breakdown of the offer benefits:- Renault…

Nissan Motor results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2021/2022 (1 January to 31 March, 2022), after IFRS restatements, will make a positive contribution to Renault first quarter 2022 net income estimated at EUR49 million. “As announced on 23 March, 2022, impairment losses on our Russian’s assets have been accounted for as of 31 March, 2022 and taken into account by Nissan for their share in…

Fabrice Cambolive has been appointed chief operating Officer (COO) of the Renault brand, from 1 June 2022. He will report to Luca de Meo, CEO Renault Group who is also CEO of the brand. Cambolive will “steer” the brand’s operations and head the management committee. His main responsibilities will involve developing and managing a medium-term plan as well as overseeing 14 new vehicle launches by 2025. De Meo said: “Cambolive who, thanks to…

Geely Automobile Holdings and Renault Group have reached an agreement under which Geely Auto will acquire 34.02% of the shares in Renault Korea Motors (RKM) through a capital increase mechanism. The deal will be subject to the approvals by relevant authorities. The companies say the deal will enhance the collaboration between Renault Group and Geely Auto in future projects around the launch of an all-new vehicle lineup for the…