Mitsubishi Motors to sell only EVs, hybrids by mid-2030s
TOKYO (Reuters) - Mitsubishi Motors (TYO:7211) Corp plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade, beefing up its...
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Mitsubishi Motors to sell only EVs, hybrids by mid-2030s
TOKYO (Reuters) - Mitsubishi Motors (TYO:7211) Corp plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade, beefing up its...
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China’s Geely, Renault ink investment deal with Saudi Aramco
By Ambar Warrick Investing.com -- Chinese automaker Geely Automobile Holdings Ltd (HK:0175) said on Thursday that it had entered into a preliminary agreement with Saudi Aramco...
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Alpine Signs QANplatform as Official Blockchain Partner to Support Fan Engagement, Operations
[PRESS RELEASE – Tallinn, Estonia, 28th February 2023] Alpine Esports partners with QANplatform to create new ways to gamify their content to attract new viewers and engage with fans...
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Slovenia’s ex-president raises 60,000 euros from sale of his old Renault 4
LJUBLJANA (Reuters) – Slovenia’s former president, Borut Pahor, raised 60,000 euros ($64,164) for charities helping children diagnosed with cancer from the sale of his 1991 Renault 4...
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Renault CEO: Ampere unit start timing is “ideally” by end of 2023
PARIS (Reuters) – Renault’s preparation efforts for carving-out its combustion engine unit are going “smoothly” and should be completed by the summer, Chief Executive Luca de Meo said on...
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Renault CEO questions wisdom of electric vehicle price cuts
"The last thing I'm going to do is to compromise on the margins ... of electric cars," Renault CEO Luca de Meo told CNBC.
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Dow Jones Newswires: Renault aims for higher profitability this year, though reports a loss for 2022 due to Russia exit
The French auto maker's operating profit for the year more than doubled on an adjusted basis to 2.22 billion euros ($2.37 billion) on sales that climbed 11% to EUR46.39 billion.
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Renault swings back to losses on Russia exit, offers dividend
BOULOGNE-BILLANCOURT, France (Reuters) – French carmaker Renault swung back to losses in 2022 as it took a hit from its pullout from Russia, but it offered a dividend for the first time...
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Nissan, Renault to invest $600 million to make new models in India
TOKYO (Reuters) – Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India.
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Nissan’s 2022 contribution to Renault results highest in four years
PARIS (Reuters) – French carmaker Renault, which is revamping its 24-year old alliance with Nissan, said on Thursday the Japanese firm contributed 174 million euros ($187 million) to its...
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Car carriers booked solid, container ships being considered
The Ministry of Oceans and Fisheries proposed the use of container ships to export new cars in order to support automobile exports, as some car producers have cars to sell, but no way to...
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Nissan, Renault and Mitsubishi Must Make Their New Alliance Pay
The partners need to show that their revamped car-making alliance can deliver meaningful gains.
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European stocks weaken; sentiment weak despite strong German factory orders
By Peter Nurse Investing.com - European stock markets traded lower Monday, with investors fretting about rising Sino-U.S. geopolitical tensions and the global economic outlook despite a...
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Renault, Nissan boards sign off on alliance revamp
By Scott Kanowsky Investing.com -- Renault SA (EPA:RENA) and Nissan Motor Co., Ltd. (TYO:7201) have received approval from their boards to go ahead with a restructuring of the 24-year...
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Nissan to buy up to 15% stake in Renault EV unit under reshaped alliance
PARIS (Reuters) – Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault’s electric...
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Nissan board also approved planned restructuring deal with Renault – source
PARIS (Reuters) – The board of Nissan has also voted in favour of reshaping its alliance with French carmaker Renault, a source said on Monday.
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Renault, Nissan to fill in the blanks on their rejiggered alliance
By Gilles Guillaume and Nick Carey LONDON (Reuters) – Nissan and Renault on Monday are set to unveil details of their redesigned alliance and answer questions about Renault’s electric...
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Renault board backs plans to reshape alliance with Nissan – source
LONDON (Reuters) – Renault’s board voted in favour on Sunday to reshape the French carmaker’s alliance with its Japanese partner Nissan, a source said.
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Renault, Nissan to present redesign of their alliance on Feb. 6 in London
PARIS (Reuters) – France’s Renault and its Japanese partner Nissan will formally unveil the agreement to reshape their alliance on Feb. 6 in London, the two car makers said in a joint...
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Renault cedes power at Nissan for uncertain benefits
By Gilles Guillaume PARIS (Reuters) -Renault and Nissan hailed a new deal announced on Monday as a major step in reviving their two decade alliance. But for the French car group the...
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Central bank week, Adani rout, Nissan gets even - what's moving markets
By Geoffrey Smith Investing.com -- The dollar drifts and bond yields move higher at the start of a big week for central banks. A drop in German GDP in the fourth quarter makes the ECB's job...
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Renault shares dip after carmaker reduces stake in alliance partner Nissan
By Scott Kanowsky Investing.com -- Shares in Renault SA (EPA:RENA) dropped on Monday after the French carmaker announced that it would reduce its stake in Japan's Nissan Motor Co., Ltd....
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European stocks edge lower as key Federal Reserve rate decision looms
By Scott Kanowsky Investing.com -- European shares declined in early trading on Monday, with investors looking ahead to a Federal Reserve meeting and key economic data later this week. At...
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European stocks muted amid corporate earnings, German economic data
By Scott Kanowsky Investing.com -- European equities were subdued on Wednesday, as investors mulled over fresh corporate earnings and eyed the upcoming release of new economic data out of...
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Renault group sales fall 5.9% in 2022, Europe order book at record levels
PARIS (Reuters) - Renault (EPA:RENA) group sales in 2022 fell 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline after capacity constraints and supply chain snags,...
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European stocks largely unchanged; U.K. CPI remained elevated
By Peter Nurse Investing.com - European stock markets traded largely unchanged Wednesday, as investors digested fresh inflation data out of the U.K. as well as dovish signals from the Bank...
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Renault sales fall for 4th straight year
PARIS (Reuters) -The Renault (EPA:RENA) group on Tuesday said sales at its flagship brand fell for a fourth consecutive year in 2022 to 1,466,729 units excluding Russia, a 9.4% decline...
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European stocks higher; sentiment positive despite weak U.K. GDP data
By Peter Nurse Investing.com - European stock markets edged higher Thursday, boosted by improving consumer sentiment despite weak U.K. growth data. At 04:05 ET (09:05 GMT), the DAX index in...
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