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


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


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


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


Peugeot sales down 10%

PARIS, FRANCE: French car manufacturer PSA Peugeot Citroen said its global sales fell almost 10% in the first half of the year, mainly owing to a weak European market.

11 Jul 2013


Europe's car sales down 10.2% in March

PARIS, FRANCE: European new car registrations fell by 10.2% in March from the same month a year earlier, marking this the 18th consecutive monthly decline in vehicle sales.

18 Apr 2013


Michelin's net profit of €1.6bn for the year

PARIS, FRANCE: French tyre company Michelin reported a 7.4% rise in net profit in for 2012 with a boost from capital gains but was cautious about the outlook for the market this year.

13 Feb 2013


Fat people more likely to die in a car accident

PARIS, FRANCE: Obese people face a much higher risk - of up to 80% - of dying in a car accident compared with people of normal weight, researchers reported on Monday (21 January).

23 Jan 2013

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