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Renault SA (RENA.PA)

RENA.PA on Paris Stock Exchange

21 Oct 2016
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Latest Key Developments (Source: Significant Developments)

Nissan says it completes purchase of stake in Mitsubishi Motors
Thursday, 20 Oct 2016 03:32am EDT 

Nissan Motor Co Ltd <7201.T> says: It completed purchase of stake in Mitsubishi Motors . paid 237.4 billion yen ($2.29 billion) for Mitsubishi Motors stake . Mitsubishi Motors Corp <7211.T> says it has appointed Nissan CEO Carlos Ghosn as chairman . Mitsubishi Motors says Osamu Masuko to stay on as president . Mitsubishi Motors says Ghosn's appointment as chairman to be effective from Dec. 14 Further company coverage: [7201.T] OR [7211.T] ($1 = 103.6800 yen) (Reporting by Christopher Cushing) ((christopher.cushing@thomsonreuters.com;)).  Full Article

Renault says 2016 cost savings lower, mid-term goal stands
Thursday, 28 Jul 2016 02:44am EDT 

Renault : Fy 2016 cost savings will be lower than 2015 level but three-year target still stands, CFO says . Renault CFO says "monozukuri" cost savings unlikely to be above 350 million euros for 2016 Further company coverage: [RENA.PA] (Reporting by Laurence Frost) ((laurence.frost@thomsonreuters.com;)).  Full Article

France's CCFA raises growth forecast for 2016 new car sales to above 5 percent
Friday, 1 Jul 2016 03:49am EDT 

: France's ccfa raises growth forecast for 2016 new car sales to above 5 percent from above 2 percent ((paris.newsroom@thomsonreuters.com; +33 1 49 49 54 52;)).  Full Article

Renault-Nissan alliance plant signs long term settlement with employee union
Wednesday, 15 Jun 2016 03:34am EDT 

Renault Nissan Automotive India Private Limited: Renault Nissan alliance plant signs long term settlement with employee union . Renault Nissan Automotive India Pvt Ltd - Signed 3-year long term settlement agreement with employee representative union . Renault Nissan Automotive India Pvt Ltd - Agreement will be effective from April 01, 2016 until March 31, 2019 . Renault Nissan Automotive India - With agreement, plant technicians will receive a salary increase of INR 18,000 progressively over next 3 years .  Full Article

Russia's Avtovaz says Renault may give it 6-month loan of 20 bln rbls - Ifax
Monday, 6 Jun 2016 11:36am EDT 

Interfax: Renault may give it 6-month loan of 20 billion roubles ($306.3 million) with interests of 11.5 percent Further company coverage: [AVAZ.MM] ($1 = 65.2900 roubles) (Reporting by Moscow Newsroom) ((vladimir.soldatkin@thomsonreuters.com;)).  Full Article

Nissan contributes 228 mln euros for Q1 to Renault's earnings
Thursday, 12 May 2016 11:55am EDT 

Renault SA statement. :Nissan contributes 228 million euros for Q1 2016 to Renault's earnings..  Full Article

Nissan, Mitsubishi Motors CEO comments from news conference
Thursday, 12 May 2016 02:23am EDT 

Nissan Motor Co <7201.T> CEO Carlos Ghosn and Mitsubishi Motors CEO Osamu Masuko comments from news conference.:.  Full Article

Renault SA recalling 10,649 Zoe electric cars for brake hose checks - Reuters News
Wednesday, 23 Mar 2016 10:02pm EDT 

Renault SA:Renault is recalling 10,649 Zoe electric cars to remove the potential risk of rupture to brake fluid hoses, a spokesman for the carmaker said on Thursday, confirming reports on specialist websites and BFM Business TV - RTRS.The vehicles were built between their launch in 2012 and Oct. 6, 2014 at the company's Flins factory, near Paris.A total of 42,300 Zoe cars have been built. A Renault spokesman said the carmaker was preventively checking the position of certain brake hoses and replacing them if necessary, adding that it had not been notified of any accidents relating to the fault.  Full Article

Renault SA - Protests disrupt production at Renault Turkey plant -union - Reuters
Monday, 29 Feb 2016 10:32pm EST 

Renault SA:A protest by Turkish workers disrupted production at a plant owned by the local unit of French automaker Renault RENA.PA on Tuesday, a union official told Reuters. - RTRS.Workers were protesting at the Oyak Renault plant in the northwestern city of Bursa, the official said.CNN Turk showed footage of police trying to break up the protests and said pepper spray was being used on the protesters.A company official told Reuters that auto production had been stopped on Sunday due to technical issues and was partially underway on Tuesday.Oyak Renault is a joint venture between Renault and the Turkish army pension fund OYAK.UL.  Full Article

Renault SA to recall 15,000 vehicles for emissions tweaks-minister - Reuters
Monday, 18 Jan 2016 08:40pm EST 

Renault SA:French carmaker Renault will recall more than 15,000 vehicles to make changes to their engines to bring them into line with emissions standards, Energy Minister Segolene Royal told RTL radio on Tuesday. - RTRS.The minister, responsible for the environment and sustainable development, repeated that Renault was not alone in exceeding emissions levels, although she did not name any other carmakers - RTRS."Renault has committed to recalling a certain number of vehicles, more than 15,000 vehicles, to check them and adjust them correctly so the filtration system works even when it is very hot or when it is below 17 degrees, because that's when the filtration system no longer worked," Royal said. - RTRS.She said the tests needed to be based on real driving conditions, whatever the outside temperature - RTRS.She added: "To be fair to Renault...there are other brands that exceed the norms." She said the managers of these other carmakers had also accepted to come and give explanations before the commission set up by the government - RTRS.  Full Article


Nissan to make Brexit investment decision next month: CEO

YOKOHAMA, Japan Japanese carmaker Nissan will decide next month whether to make its new Qashqai model in Britain or elsewhere in the first major investment decision affecting the country's car industry since the vote to leave the European Union.