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Renault Sees Solid Margin as Electric-Car Demand Slows

(Bloomberg) Renault SA rose after forecasting resilient returns this year as the French manufacturer overhauls its lineup to counter muted demand for electric vehicles.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionIsrael Quits Ceasefire Talks Over ‘Delusional’ Hamas DemandsThe Brutal Reality of Plunging Office Values Is HereTrump Eyes NATO Makeover, Hurried Peace in Ukraine If ElectedDip Buyers Wade Back In to Fuel Wall Street Gains: M

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Renault Sets Cautious Goals as Electric-Car Demand Slows

Renault Sets Cautious Goals as Electric-Car Demand Slows
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Renault, Nissan to Drop Common Alliance Purchasing Organization

Renault, Nissan to Drop Common Alliance Purchasing Organization
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Renault, Nissan to Drop Common Alliance Purchasing Organization

Renault, Nissan to Drop Common Alliance Purchasing Organization
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Nissan to Invest $663 Million in Renault EV Unit as Alliance Rejigged

(Bloomberg) Nissan Motor Co. has finalized plans to invest in Renault SA’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing T

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Nissan, Renault finalize revamped alliance | Automotive News Europe

The agreement to finalize the terms of their partnership caps months of sometimes tense negotiations over issues such as the sharing of future intellectual property.

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Nissan posts 98% rise in Q1 operating profit, exceeds market expectations

Nissan s Q1 profit doubled to 128.6 billion yen, driven by higher production and sales in North America and Japan, and a weaker yen. The company also raised its full-year forecast by 6% to 550 billion yen due to cost discipline and favorable foreign exchange rates

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Nissan to invest $663 million in Renault electric vehicle unit

Nissan to invest $663 million in Renault electric vehicle unit
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Renault Offers Concessions to Strike Nissan Deal (Bloomberg)

The article below is sourced from Bloomberg Wire Service. The views and opinions expressed in this story are those of the Bloomberg Wire Service and do not necessarily reflect the official policy or position of NADA.

Renault SA is offering some concessions to Nissan Motor Co. as it tries to clinch a deal to reboot a more than two-decade alliance, according to people familiar with the situation.

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