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Tata Motors unit Jaguar Land Rover names ousted Renault boss as CEO

Manufacturing

28 July, 2020

Tata Motors unit Jaguar Land Rover names ousted Renault boss as CEO

Jaguar Land Rover (JLR) has picked ousted Renault boss Thierry Bollore as its next chief executive, with a mission to ......

Nissan gets a push to promote Indian-born COO as co-CEO

Manufacturing

18 June, 2020

Nissan gets a push to promote Indian-born COO as co-CEO

Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the ......

Renault axes 15,000 jobs globally in cost-cutting reboot

Manufacturing

29 May, 2020

Renault axes 15,000 jobs globally in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure ......

Fiat Chrysler, Peugeot plan to create world's No.4 carmaker

Manufacturing

31 October, 2019

Fiat Chrysler, Peugeot plan to create world's No.4 carmaker

Fiat Chrysler and Peugeot owner PSA plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, ......

Fiat Chrysler withdraws $35 bn merger offer for Renault

Manufacturing

06 June, 2019

Fiat Chrysler withdraws $35 bn merger offer for Renault

Fiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would ......

Fiat Chrysler, Renault weigh $35 bn merger to form world's third-biggest automaker

Manufacturing

27 May, 2019

Fiat Chrysler, Renault weigh $35 bn merger to form world's third-biggest automaker

Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to confront the costs of far-reaching technological ......

Renault-Nissan-Mitsubishi float $1 bn venture capital fund

Manufacturing

10 January, 2018

Renault-Nissan-Mitsubishi float $1 bn venture capital fund

The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 ......

Aramco to keep Renault-Geely engine JV stake at 10%, pursue other M&As

Infrastructure

04 September, 2024

Aramco to keep Renault-Geely engine JV stake at 10%, pursue other M&As

Oil company Saudi Aramco does not plan to increase its 10% stake in fuel-based engines joint venture Horse Powertrain while ......