Renault
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Sitting at a simple deck in front of plain white backdrop, embattled former chairman of the Renault-Nissan alliance, Carlos Ghosn, addressed his situation via video for the first time on Tuesday. The video, he says, was created in case the executive was unable to make his scheduled press conference on April 11. Last week, Ghosn said via a new verified Twitter account that he would "tell the truth" at said press conference. One day later, Japanese authorities re-arrested him over suspicion of new financial crimes. Ghosn had been out of jail on bail for just one month. "The first message is I...
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A month out on bail, ex-Renault Nissan chief Carlos Ghosn is arrested again
Carlos Ghosn was arrested again in Tokyo, just a day after he said he was ready to "tell the truth" about his alleged financial misconduct while running the Renault Nissan Mitsubishi Alliance.
Viknesh Vijayenthiran -
Former Renault-Nissan head Carlos Ghosn will "tell the truth" next week
Following former Renault-Nissan head Carlos Ghosn's abrupt fall from grace this past November, the embattled executive is ready to "tell the truth." Ghosn made the statement via a new verified Twitter account on Tuesday. The New York Times first reported on the tweet Wednesday. Ghosn also said he...
Sean Szymkowski -
Gone Ghosn: Embattled Renault boss steps down from French automaker
Embattled businessman Carlos Ghosn has chosen to resign from the chairman and CEO roles at French auto giant Renault. The news was first announced by French Finance Minister Bruno Le Maire in an interview with Bloomberg held on Thursday at the The World Economic Forum in Davos, Switzerland, and...
Viknesh Vijayenthiran -
Ex-Nissan chief Carlos Ghosn re-arrested on fresh charges
Japanese prosecutors re-arrested former Renault Nissan Mitsubishi Alliance boss Carlos Ghosn on Friday on new charges. The new charges allege Ghosn transferred losses exceeding $16 million from his own private investments onto the books of Nissan between 2008 and 2012, thus inflicting financial...
Viknesh Vijayenthiran -
Renault keeps Carlos Ghosn on board for now
In an emergency meeting following the charges placed by Japanese authorities against Carlos Ghosn and his subordinate Greg Kelly on Monday for financial misconduct related to the reporting of salaries at Nissan, the board of directors at French automaker Renault have decided to retain Ghosn as...
Viknesh Vijayenthiran -
The former head honcho of the Renault Nissan Mitsubishi Alliance, Carlos Ghosn, was charged by Japanese authorities on Monday for violating the country's financial reporting rules. The charges specifically relate to alleged false disclosures regarding Ghosn's salary made in securities filings for Nissan over a number of years. Ghosn was charged with another former executive at the alliance, Greg Kelly, over the same alleged salary disclosures. Nissan, as a legal entity, was charged along with its two former executives. According to the charges, Ghosn and Kelly understated Ghosn’s...
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Nissan, Mitsubishi drop Carlos Ghosn as chairman following his arrest
At a special board meeting held Thursday, directors at Nissan unanimously voted to drop Carlos Ghosn as the automaker's chairman and representative director. The decision followed the arrest of Ghosn on November 19 on allegations of underreporting of personal income with financial regulators and...
Viknesh Vijayenthiran -
Renault EZ-Ultimo self-driving concept wants to make ride hailing more luxurious
Rounding out a trio or Renault "EZ" self-driving car concepts is the EZ-Ultimo. The French brand debuted the latest concept at the 2018 Paris auto show on Tuesday with an eye on turning ride hailing into something more premium. Like the earlier EZ self-driving concepts (EZ-Go and EZ-Pro), Renault...
Sean Szymkowski -
Renault envisions convoys of self-driving delivery vehicles with EZ-Pro concept
Following Renault's vision of a self-driving future for ride-hailing with its EZ-Go concept, the French automaker has bestowed the world with a self-driving concept for delivery vehicles. It's called the EZ-Pro, and it was revealed on Wednesday. Unlike some self-driving delivery vehicle concepts...
Sean Szymkowski -
Nissan, Mitsubishi next-gen infotainment to be powered by Google's Android
Google's Android operating system will be at the core of next-generation infotainment systems from Mitsubishi and Nissan arriving on the market in 2021. The Renault Nissan Mitsubishi Alliance announced Tuesday that future infotainment systems will feature the Android operating system to outfit its...
Sean Szymkowski -
Daniel Ricciardo to quit Red Bull to join Renault in 2019 F1 season
Australian racing driver Daniel Ricciardo will quit Red Bull Racing at the end of the current Formula 1 season to join Renault, where he'll race alongside the team's current driver Nico Hülkenberg in the 2019 season. It means Ricciardo will replace Renault's other current driver Carlos Sainz...
Viknesh Vijayenthiran -
Renault's RS version of its Golf-rivaling Mégane hatchback is already one of the fastest front-wheel-drive cars in production, but a more hardcore version with extra power and fewer pounds has been revealed. The car is the Mégane RS Trophy, and it comes with a 1.8-liter turbocharged inline-4 good for 296 horsepower and 310 pound-feet (295 with manual transmission) of torque. In comparison, the regular Mégane RS makes do with 275 hp and 287 lb-ft from the same engine. The improvement is mainly due to the addition of a new turbocharger with ceramic ball bearings to enhance...
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2019 Renault Mégane RS Trophy spy shots
Renault's RS version of its Golf-rivaling Mégane hatchback (shown below) is already one of the fastest front-wheel-drive cars in production. Soon, a more hardcore version with extra power and fewer pounds will arrive, and we've just caught a prototype being pushed hard at the...
Viknesh Vijayenthiran -
Renault rolls out F1-inspired Clio RS 18 hot hatch
Renault's Clio subcompact is quite popular in Europe thanks to its small size and relatively long features list. To help bolster the range and boost sales further, Renault offers a sporty variant known as the Clio RS. It's the French firm's rival to cars like the Ford Fiesta ST and Volkswagen Polo...
Viknesh Vijayenthiran -
Renault envisions a self-driving ride-share future with EZ-GO concept
French automaker Renault unveiled Tuesday at the 2018 Geneva International Motor Show an electric self-driving car concept that the automaker says could be part of a fleet of ride-share vehicles ready to be summoned by users as early as 2022. It's a strategy similar to the one Daimler is pursuing...
Andrew Ganz -
Nissan Formula E car gets Nismo-ized livery for inaugural season
The Renault Nissan Mitsubishi Alliance races in both Formula 1 and Formula E. Currently, Renault is represented in both series, but Nissan is replacing corporate partner Renault Formula E for the 2018/2019 season. A Nissan prepares to enter the world of all-electric open-wheel racing, it introduced...
Brandon Turkus -
McLaren's Renault-powered 2018 F1 car revealed
Meet the new Renault-powered McLaren race car for the 2018 Formula 1 World Championship: the MCL33. The car is decked out in a historic livery that borrows the papaya orange and blue color scheme that graced McLaren's earliest F1 cars, and it also features the new Halo cockpit protection system and...
Viknesh Vijayenthiran -
It’s been a long time coming, but Alpine’s A110 is finally in production. Some readers will recall Alpine’s parent company, Renault, first announced plans for the car in 2012. It was originally to be developed alongside a similar model from Caterham, but the British firm pulled out of the deal two years later. Thankfully Renault forged ahead with its own plans because the Alpine A110 represents an interesting French twist on the lightweight, mid-engine sports car formula. Sadly, though, buyers in the United States are missing out as Renault has no plans at present to...
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Renault's new self-driving obstacle avoidance technology matches pro drivers
Renault debuted its latest self-driving car on Tuesday. Based on the all-electric Zoe, it is named "Callie," and it is capable of matching the accident avoidance prowess of professional drivers. The self-driving Renault challenged pro drivers in sudden obstacle avoidance tests, and "Callie"...
Sean Szymkowski -
Nissan to replace Renault in Formula E by 2018/2019 season
The Renault Nissan Mitsubishi Alliance, currently the world’s biggest automaker by volume, plans to launch 12 electric cars between now and 2022. Most of these will come from Nissan which is being positioned as the alliance’s core brand for electric cars. However, it’s Renault...
Viknesh Vijayenthiran -
Renault Nissan’s new 6-year strategy calls for 12 electric cars, self-driving taxi service
The automotive alliance that consists of French automaker Renault together with Nissan and Mitsubishi, plus their respective brands, has branded itself the Renault Nissan Mitsubishi Alliance. And on Friday, Carlos Ghosn, who serves as chairman and CEO, laid out the new strategy “Alliance...
Viknesh Vijayenthiran -
McLaren F1 team to ditch Honda for Renault power in 2018
Honda’s return to Formula 1 in 2015 as a power unit supplier to McLaren has been disastrous, with the Japanese firm’s power units so far proving unreliable and lacking in performance. As a result, McLaren on Friday finally confirmed what had been rumored for some time—that it...
Viknesh Vijayenthiran -
Renault Symbioz concept shows how home and car become one
Renault has used the 2017 Frankfurt Motor Show to reveal what it believes transportation in the year 2030 might look like. Spoiler alert: the car isn't just a means of transportation, but an extension of the home. It's called the Renault Symbioz, and it's chock full of futuristic concepts and...
Sean Szymkowski