About: renault
Fiat-Chrysler’s Peugeot mega-merger to face EU scrutiny
The European Commission confirmed on Wednesday (17 June) that a proposed tie-up between Italo-American motor group Fiat-Chrysler and French carmaker Peugeot would be subject to an in-depth antitrust probe.
Renault targets €2bn in savings, will cut 15,000 jobs
Carmaker Renault said Friday (29 May) that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.
Macron demands carmakers turn to ‘Made in France’ for €8bn virus aid
French President Emmanuel Macron unveiled on Tuesday (26 May) an €8 billion aid package for the auto industry, which includes increased subsidies for electric car purchases and encourages manufacturers to relocate their factories back to France.
Renault’s €5bn bailout gets EU go-ahead
The French government’s €5 billion bailout of Renault got the green light from the European Commission on Wednesday (29 April), as the EU executive heralded the carmaker's focus on electric vehicle development.
New cars still way behind in reaching EU emission standards by 2021
While the European Union has set a limit of 95g/km for new vehicles, with one year to go before the deadline, manufacturers are stagnating at 122g/km according to AAA Data. EURACTIV's partner le Journal de l'environnement reports.
Fiat-Chrysler-Renault merger still ‘interesting’, says French minister
French Finance Minister Bruno Le Maire said on Thursday (13 June) that a Fiat Chrysler-Renault merger remained an “interesting opportunity” but added he would tell the French carmaker’s chairman that strengthening the Renault-Nissan alliance is the priority.
Fiat-Chrysler withdraws Renault merger offer
Fiat-Chrysler's (FCA) $35 billion-plus merger offer to Renault fell apart only 10 days after being made public, with both companies' shares falling sharply in early trading on Thursday (6 June). FCA blamed French politicians for the collapse.
French minister trades blows with MEPs over dieselgate, Renault
Ecology Minister Ségolène Royal travelled to Strasbourg yesterday (24 November) to defend her response to the dieselgate scandal. But the meeting rapidly escalated, with MEPs criticising the minister’s reluctance to punish French automotive champion Renault. EURACTIV France reports.
France launches ‘aggravated fraud’ inquiry into dieselgate
French prosecutors have opened an inquiry into Volkswagn for “aggravated fraud”. Our partner Journal de l'Environnement reports.