Alliance partners Nissan Motor Co and Renault SA are delaying vehicle production projects in India, where a slowing economy has taken a toll on sales of cars and trucks.
Japan’s No.3 automaker is reviewing a wide range of projects in the pipeline with the aim of reducing capital expenditure to improve its cash flow, a Nissan […]
Mumbai, The economic slowdown in India has prompted global allies Renault and Nissan to go in for one shift, rather than the initially planned two, at their Rs 4,500-crore Chennai car project.
According to agency reports, Nissan is reviewing a wide range of projects in the pipeline to reduce capital expenditure and improve its cash flow, […]
For the first time since 2005, passenger vehicle sales, including cars and utility vehicles, are registering an absolute decline. Although the rate of growth has been falling since April 2008, its only in July that sales were 3% less than the previous comparable period.
Sales grew by a robust 19.8% in April, fell to 14.5% in […]
The Bajaj-Renault ultra low-cost (ULC) car project will spawn products that will be on offer for some of the French auto major’s global partners as well. Bajaj Auto MD Rajiv Bajaj told ET :
“The products born out of this venture will be available for all global partners of the Renault-Nissan alliance. At an […]
Renault said it has not held talks with India’s Bajaj Auto to partner on a $1 billion manufacturing alliance with Nissan Motor Co to make cars and powertrains in a new plant near Chennai.
A report on Thursday had said Renault and Nissan, which are also developing a $2,500 car with Bajaj, were in talks to […]
French auto major Renault has opened a second front with ultra-low-cost car partner Bajaj Auto by inviting the Pune-based two-wheeler maker to pick up stake in Renault Nissan Automotive India (RNAIPL), which is setting up a $1-billion greenfield plant in Chennai. The company is also negotiating with Bajaj to extend the ultra-low-cost car partnership to […]
Renault has invited India’s Bajaj Auto Ltd to join a $1 billion manufacturing alliance with partner Nissan Motor Co, media reports stated on Thursday, citing unnamed industry sources.
Renault and Nissan, which are developing a $2,500 car with motorbike maker Bajaj, are also negotiating with the Indian firm to extend their venture to distribute the Renault […]
A joint-venture of India’s Mahindra & Mahindra and France’s Renault, which makes the no-frills Logan in India, plans to export the model as higher borrowing costs and fuel prices trim sales.
Mahindra Renault also hopes to roll out a version of the sedan which runs on cheaper natural gas in the next 2-3 months, Chief Operating […]
French auto major Renault on Friday said it was aiming to export about Rs 1,350 crore in finished components to its manufacturing operations around the world, by 2009 from the company’s newly opened international logistic network facility in Pune.
“We are targeting exports of about Rs 1,350 crore in finished components to our manufacturing operations around […]
The design team that will develop the new $2,500 car for the Bajaj Auto Renault-Nissan joint venture company will comprise nearly 80 per cent Indian engineers to achieve cost competency, while the remaining will be drawn from the alliance partners.
Renault has appointed a programme director to head the team for which recruitment has started.
Speaking after […]