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…
Japanese automobile manufacturer Nissan Motor Company Ltd recently announced the appointment of Guillaume Cartier as the Senior Vice-President and the new Chairman for Africa, Middle East, and India markets and head of Global Datsun Business Unit, with immediate effect. Nissan in an official statement said, “In his new role, Cartier will lead the regional management…
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…