Uwe Hochgeschurtz, who currently holds the position of CEO Renault Germany, Austria and Switzerland, has been named Opel Brand CEO with effect from September 1, 2021, at a time when the German brand of Stellantis is expanding its commercial activities, including in China, and entering the electrification era. He will succeed Michael Lohscheller who has…
Groupe Renault and Google Cloud announced a new industrial and technology partnership to accelerate the digitization of Groupe Renault’s industrial system and of Industry 4.0 transformation. A recognized contributor to Industry 4.0, Groupe Renault has been developing its own digital platform since 2016 to connect and aggregate industrial data from 22 Group sites worldwide (representing…
French carmaker Renault recently acknowledged that its global ambitions had been unrealistic and it is going ahead with a restructuring exercise. According to a Reuters report, the automobile manufacturer is planning to cut about 15,000 jobs, shrink production and restructure French plants. Owing to the declining sales due to the coronavirus pandemic, the company announced…
The former head of Nissan Motor Co. and Renault SA Carlos Ghosn who was about to face the first of two trials in Tokyo on charges of financial misconduct and raiding corporate resources for personal gain reportedly fled to Lebanon. Ghosn somehow evaded round-the-clock manned and video surveillance and heavy restrictions on his freedom of…
Renault Nissan Automotive India Pvt Ltd (RNAIPL), which produces passenger vehicles for Renault and Nissan brands on Thursday announced the appointment of Biju Balendran as the firm’s Managing Director and Chief Executive Officer. Biju has more than two decades of experience in automobile manufacturing field in India and international markets. He was the first employee to join RNAIPL…
Japanese automaker Mitsubishi Motors, which is allied with Renault and Nissan, has fired Carlos Ghosn from his chairman position, a week after he was arrested over allegations that he under-reported his income by millions of dollars. Prosecutors allege Ghosn under-reported his income by $44 million over five years. As per Japanese law, a suspect can be…