Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment
Industry grappling with slowdown in sales growth and rise of cheaper models from China
The company began selling on the continent a little over a year ago and is already making inroads
Carmakers’ shares rise on increased returns to investors but face lower margins due to electric vehicles
Carve-out falls victim to slipping growth but De Meo insists battery power still going to be ‘dominant’ in Europe
Luca de Meo outlines French carmaker’s expansion goal with plans to launch seven new electric models
Use of alternative fuels will allow companies to keep selling combustion-engine models into the next decade, say executives
Luca de Meo hits out at unrealistic valuations for EV start-ups and calls for European investors to support region’s car sector
Struggles in China and slow electric rollout give urgency to finalising carmakers’ new relationship
Former Nissan chair says he is not seeking revenge but wants ‘small compensation for the damage’ since 2018 arrest
‘Most favourable window’ for IPO is now first-half 2024, says finance chief
EV manufacturer Ampere may ultimately be worth more to its parent as a division than a demerger
Hollywood actor among those taking a 24% equity stake in Renault-backed racing team
Departure of chief operating officer Ashwani Gupta seen as smoothing partnership with Renault
Chinese groups have put Japanese and international carmakers under pressure, says Makoto Uchida
French group says reducing price will ‘kill’ second-hand car values and send the market into a spiral
Luca de Meo criticises US carmaker as French group doubles profit margins despite Russia exit
Carmakers no longer bound by need to ‘compromise’, says Renault boss Luca de Meo
Both sides feel bitter they may have given up too much for a new ‘equal’ relationship
Drastic measures to revive a venerable alliance are not the end of the road
Agreement aims to close bitter chapter following arrest of former boss Carlos Ghosn in 2018
Longstanding partnership between carmakers has demanded constant navigation of rivalries
French carmaker plans to split into five separate units as it undergoes major revamp
Renault and Nissan close in on deal to save longtime alliance
French carmaker’s revenues improve as it seeks to claw its way back from years of depressed margins
