News

Here’s how Europeans are getting Renault EVs for free or super cheap

Super-high subsidies in Germany mean car shoppers there are able to snag a Renault for free, Bloomberg’s Elisa Miebach and Stefan Nicola report. The government is giving away up to 9,000 euros for each electric car that they buy. In France and the Netherlands as well, electric-car subsidies are egging […]
Here’s how Europeans are getting Renault EVs for free or super cheap
News

Nissan is reportedly making more serious plans for a possible end to its alliance with Renault following Carlos Ghosn’s dramatic escape from Japan

High-level Nissan executives have intensified the process of making contingency plans for a potential dissolution of the automaker’s alliance with Renault, the Financial Times‘ Peter Campbell, Leo Lewis, and Kana Inagaki reported. The process has reportedly become more urgent since Carlos Ghosn, the former head of the Renault-Nissan alliance, fled […]
Nissan is reportedly making more serious plans for a possible end to its alliance with Renault following Carlos Ghosn’s dramatic escape from Japan
News

A security expert reveals the possible thinking behind Carlos Ghosn’s wild escape from Japan, which involved 2 planes and a mad dash between Turkey and Lebanon

Carlos Ghosn, the former head of the Renault-Nissan-Mitsubishi alliance, fled Japan for Lebanon on Sunday. Whoever planned Ghosn’s escape was likely skilled, Tulane University professor and security expert Robert Allen said, but this probably wasn’t the work of a reputable security company, which would not want to risk the reputational […]
A security expert reveals the possible thinking behind Carlos Ghosn’s wild escape from Japan, which involved 2 planes and a mad dash between Turkey and Lebanon
News

French politics killed the Fiat Chrysler-Renault merger

On Wednesday, a merger between Fiat Chrysler Automobiles and Renault collapsed – and collapsed swiftly. Both companies issued terse explanations, but FCA explicitly blamed French politics. The major challenge with the proposed deal was always going to be with the French government, which controls 15% of Renault and, with populism […]
French politics killed the Fiat Chrysler-Renault merger
Markets

Renault shares are tanking after Fiat Chrysler scrapped their mega-merger

Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault’s board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. “It has become clear that the political conditions in […]
Renault shares are tanking after Fiat Chrysler scrapped their mega-merger