Renault names new management for Dacia-Lada
Brands will share platforms and move into profitable compact segment
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The first shared vehicle from Dacia-Lada is expected to be a compact-size SUV based on an extended version of the Renault-Nissan CMF-B platform. It will be called the Bigster for Dacia (shown in concept form above). Lada’s version will be the Niva.
PARIS Renault Group has named a management board for its new Dacia-Lada business unit, as CEO Luca de Meo seeks to increase synergies between the two low-cost brands.
Denis le Vot, who has held top management jobs at Nissan and Renault Group, will be CEO of the two brands. Yves Caracatzanis will continue as president of AvtoVAZ, the Russia-based company that makes Lada.
Renault names management team members for new Dacia-Lada unit
Brands will share platforms and move into profitable compact segment
Print
The first shared vehicle from Dacia-Lada is expected to be a compact-size SUV based on an extended version of the Renault-Nissan CMF-B platform. It will be called the Bigster for Dacia (shown in concept form above). Lada’s version will be the Niva.
PARIS Renault Group has named a management board for its new Dacia-Lada business unit, as CEO Luca de Meo seeks to increase synergies between the two low-cost brands.
Denis le Vot, who has held top management jobs at Nissan and Renault Group, will be CEO of the two brands. Yves Caracatzanis will continue as president of AvtoVAZ, the Russia-based company that makes Lada.
Renault seeks buyer for French casting factory
Review says sale of Brittany plant is best option amid group cost cuts, lightweighting trend
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PARIS Renault Group is seeking a buyer for its casting factory in Caudan, western France. The factory had been slated for closure under a May 2020 cost-cutting plan to save more than 2 billion euros and trim 14,600 jobs.
The plant, which employs 385 people, started production in 1966 and makes cast-iron parts such as exhaust manifolds, differential housings and suspension arms. In 2019 it produced 10,220 metric tons of parts.
Renault is seeking to reduce its workforce in France by 4,600 people.
After an independent review of the factory s future, Renault told unions this week that it would be putting the foundry up for sale, partly because of an industry trend toward lightweighting components. Renault is also cutting global production capacity by 20 percent in the next three years, to 3.3 million vehicles from 4 million.
Renault will build new models for Mitsubishi in Europe
Mitsubishi reverses plan to exit market with two new vehicles starting in 2023
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The Mitsubishi Outlander midsize SUV, sold as a plug-in hybrid, is one of three models the brand now sells in Europe.
PARIS Renault Group will build two new sister models for alliance partner Mitsubishi Motors starting in 2023, as the Japanese automaker reverses a decision to wind down operations in Europe.
A model mix of the newly launched Mitsubishi Eclipse Cross plug-in hybrid SUV and the Renault-developed sister models will enable Mitsubishi to be more competitive in the market, the automakers said in a news release Wednesday.
Laurent Rossi will lead the sports car brand as well as Renault's racing efforts. Renault CEO Luca de Meo plans to expand Alpine, which has just a single model.