Renault signs Iran auto venture

French carmaker Renault said Friday it would start a joint venture in Iran, tapping into the country's fast-growing car market...

3 Oct 2016


Electric cars purr at Paris car show

Automakers at the Paris Motor Show on Thursday unveiled several electric cars with a range of up to 400km, a technological leap designed...

30 Sep 2016


Renault chief sees Europe auto market slowing in 2015

SHANGHAI: French carmaker Renault chairman, Carlos Ghosn, said Saturday, 25 October, that he expects slower growth in Europe's auto market next year as it continues to recover from the global economic crisis.

28 Oct 2014


Europe's car sales up 6.4% in September

PARIS, FRANCE: New car sales in Europe rose by 6.4% in September, the thirteenth month of increases as a recovery in the market spreads across the continent.

20 Oct 2014


Apple, Google brands worth $100bn each

PARIS, FRANCE: The US Apple and Google brands which have become household names around the world are worth more than $100bn each, and top a ranking of the world's biggest brands, consultancy Interbrand said.

10 Oct 2014


Facebook members in court for speed trap tip-offs

RODEZ, FRANCE: Members of a Facebook group that tipped off motorists about speed traps in southern France slammed the "hypocritical" nature of the case against them as their trial opened this week.

10 Sep 2014


Renault freezes Zil deal blaming the ruble's slump

PARIS, FRANCE: French car company Renault has frozen a project to make commercial vehicles with Russian company Zil because of the fall of the ruble, a Renault spokesman said on Wednesday (23 April).

24 Apr 2014


Peugeot Citroen reveals recovery strategy, shares slump

PARIS, FRANCE: French car company Peugeot Citroen, fighting to recover from its financialcrisis with a new Chinese shareholder, presented a recovery strategy, but its shares still slumped.

16 Apr 2014


Peugeot board approves capital tie-up with France, Dongfeng

PSA Peugeot Citroen agreed to a capital tie-up with China's Dongfeng and the French state on Tuesday (18 February), a source said, ending the reign of one of France's oldest industrial dynasties.

19 Feb 2014


Sauber's 2014 car launched online

PARIS, FRANCE: Sauber on Sunday (26 January) became the third team in three days to opt for an online, rather than a lavish, unveiling of their 2014 Formula One car.

27 Jan 2014


Renault's sales rise thanks to low-cost cars

PARIS, FRANCE: French car manufacturer Renault said on Tuesday (21 January) that its sales rose by 3.1% last year to 2.63m vehicles thanks to accelerating performance by its low-cost Dacia brand.

22 Jan 2014


French car sales hit 15-year low in 2013

PARIS, FRANCE: The French car market sank to its lowest level in 15 years with 1.79m new cars being sold last year and projections are that there will be a slow improvement this year.

6 Jan 2014


Renault, Peugeot likely to profit from Iran deal

PARIS, FRANCE: French car manufacturers Peugeot and Renault look to be among the clearest beneficiaries of the interim deal that lifts some sanctions on Iran, with both hoping to leap back into the Middle East's biggest car market.

26 Nov 2013


Air Liquide links with Toyota on fuel-cell stations

PARIS, FRANCE: French industrial gases company Air Liquide said it was teaming up with a Toyota subsidiary to build a network of filling stations for fuel-cell electric vehicles in Japan.

29 Oct 2013


Peugeot reports sales fall, holds targets, shares rise

PARIS, FRANCE: Struggling French car manufacturer PSA Peugeot Citroen reported a fall in third-quarter sales and warned that one of its ventures with General Motors was in doubt on Wednesday (23 October), but held to its financial targets.

24 Oct 2013


Peugeot misses European car sales rally

PARIS, FRANCE: Shares in struggling French manufacturer PSA Peugeot Citroen dropped 4.76% in early trading on Wednesday (16 October), after data showed that the company's sales in Europe had fallen again in September.

18 Oct 2013


Strong Chinese demand to pull global car market: Moody's

PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).

6 Sep 2013


French car sales droop 11% in August

PARIS, FRANCE: Sales of new cars in France fell by nearly 11% in August, erasing a small rebound the previous month, trade data released this week showed.

5 Sep 2013


Prospects for car makers improving

PARIS, FRANCE: Car industries in the United States and Europe are showing clear signs of getting back on track after severe setbacks after the global financial crisis rocked markets.

12 Aug 2013


Renault's profits drop from €746m to €39m

PARIS, FRANCE: Renault reported a fall in profits last Friday (26 July) resulting from charges related to halting its activities in Iran and for restructuring in France.

29 Jul 2013

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