Renault-Nissan-Mitsubishi, the automotive alliance, announced it has signed a memorandum of understanding with DiDi Chuxing (‘DiDi’), the leading Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of China.
The Renault-Nissan alliance has emerged as the world’s biggest seller of light vehicles in 2017, bumping Volkswagen Group from the top spot, after the inclusion of Mitsubishi Motors’ sales boosted its final tally.
The Paris prosecutor has launched a judicial investigation into possible cheating on exhaust emissions at carmaker Renault, a source at the prosecutor’s office said on Friday.
France will seek more information from criminal investigations into Renault and Volkswagen diesel emissions before deciding whether to ban any of their cars from sale, Environment Minister Segolene Royal said on Thursday.
September, although Lada, Renault, Volkswagen and Toyota bucked the downward trend by boosting their sales. Sales fell to 125,568 last month, the Association of European Businesses (AEB) lobby group said on Monday.
Renault is poised to raise its bet on Russia, voting with other shareholders in troubled AvtoVAZ to launch an 85 billion ruble (1.2 billion euro) recapitalization in which the French carmaker may be the sole cash contributor.
Czech Renault held a national premiere of model Talisman Grandtour on Thursday, May 19, 2016. Brand managers showed the car in Bukova village, near the city of Pribram.
Renault launched its new 870 million euro ($942 million) factory here, saying it still sees plenty of growth in the Chinese market where new-car demand is slowing after years of double-digit growth.
Renault is recalling 15,800 Captur SUVs to fix pollution-control systems and will offer voluntary emissions-system updates for about 700,000 vehicles as the automaker seeks to avoid a Volkswagen-type crisis.
Renault said it first-half profit rose sharply as a weaker euro enhanced the effects of a market recovery in its home region, overcoming pricing setbacks for the automaker’s older models.
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