Carmakers Are Drowning in Cash

[ad_1] Most carmakers are ending the year with lots of cash and lots of worries. Share buybacks are an antidepressant, not a cure, but they are better than nothing. It…

Nissan to Buy Back $824 Mln Stake From Renault

[ad_1] Renault plans to sell a 5% stake in Nissan Motor back to the Japanese carmaker for up to 765 million euros ($823.6 million). The French company said Tuesday that…

Volvo, Renault and CMA CGM Collaborate to Produce Electric Vans

[ad_1] Volvo and Renault will launch a new company, which CMA CGM plans to join, with creation expected in early 2024, and which will operate under its own corporate identity…

Renault Upgrades Its 2023 Financial Outlook

[ad_1] Renault said its trading had been better than expected as it revised its 2023 operating margin to 7-8% and its automotive operational free cash flow to at least €2.5…

Ryan Reynolds Buys Stake in F1 Racing Team, Growing His Business Empire

[ad_1] He and a group that includes celebrity American investors are buying a 24% stake in the Alpine team. [ad_2] Source link

Renault Shares Fall After Flagging Continuing Logistics Issues

[ad_1] Share Listen (1 min) [ad_2] Source link

Nissan, Renault and Mitsubishi Must Make Their New Alliance Pay

[ad_1] Markets Heard on the Street The partners will have to show that their revamped car-making alliance can deliver meaningful gains [ad_2] Source link

Nissan, Renault Alliance Shake-Up to Give Each Company More Independence

[ad_1] Nissan and Renault unveiled a long-planned restructuring of their two-decade-old alliance—a decoupling that falls short of a full divorce but gives each car company more autonomy after years of…

Nissan and Renault Fix One Problem, Leave Others

[ad_1] A new era for the unhappy marriage between the two auto makers brings hope but also complications. [ad_2] Source link

Nissan, Renault Reach Deal on Alliance Shake-Up

[ad_1] Nissan Motor and French partner Renault said they reached an agreement to reorganize their more than two-decade-old alliance. [ad_2] Source link