The Renault Nissan alliance announced on Thursday the creation of new business centre by the name of The Renault Nissan Technology and Business Centre India Private Ltd in Chennai.
German auto major Daimler and Franco-Japanese alliance Renault-Nissan on Wednesday announced a three-way tie up, including equity swaps, for co-operation in development of small cars and light commercial vehicles.
The alliance has already pushed back the launch deadline twice over the last three years.
The Renault Nissan Alliance has said that its Oragadam greenfield facility near Chennai - its first in the world - will be a template for its upcoming Morocco facility, with a few changes only in the back-end engineering. The company is training 30 senior employees drawn from various verticals at its Oragadam plant.
The automaker said that production at the Renault Nissan Alliance Plant, where Nissan, Renault and Datsun brands are manufactured, had gone up by 15 per cent and was expected to increase further on the back of increasing export orders.
Tata Motors' Nano may be struggling to survive, but Renault Nissan alliance Chairman and chief executive officer Carlos Ghosn is glad the group followed the lead of "visionary" Ratan Tata's dream project
The Renault-Nissan alliance currently employs around 8,000 workers at its Chennai plant
The Renault-Nissan alliance aims to have a 10 per cent share in the Indian passenger vehicles market
According to industry sources, Nissan will roll-out the latest generation Micra from the plant in May for the Indian market.
Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.
France-based automobile manufacturer Renault and Japan-headquartered Nissan on Monday committed investments of $600 million (around Rs 5,300 crore) in the country 15 years after foraying into the Tamil Nadu automobile industry. The fresh round of investments would witness roll out of six new models between the two companies including -- two electric vehicles -- representing the two global brands, Nissan Global chief operating officer and Member, Alliance Board Ashwani Gupta said in Chennai.
The factory is likely to come up beside the current Renault-Nissan factory at Oragadam, near Chennai, according to reports.
French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.
The hatchback model is christened as K2 and will take inspiration from Micra.
They just don't have similar colours, Datsun's marketing campaign too seems be inspired from Maruti Alto 800.
Renault readies a practical and spacious people-carrier for a 2014 Auto Expo.
"As per the agreement, the design, engineering, sourcing and manufacturing will be handled by Bajaj Auto while marketing and selling will be by Renault-Nissan Alliance."
Nissan also has a car-manufacturing tie-up with its global alliance partner Renault.
The small car, initially supposed to hit the market by 2011, was delayed by a year due to differences between the partners over pricing and design.
Renault Kwid is a good entry-level car for Indian roads.
This new avatar comes with a completely new 2.0 litre petrol engine under its hood.
Ghosn's partnership with motorcycle and auto-rickshaw maker Bajaj Auto got most publicity.
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
'India needs many more job creators, both in manufacturing and services, to make it big.' 'For that, the red carpet must be rolled out fully and for all investors without holding back,' suggests Nivedita Mookerji.
Renault announced the Formula One comeback of Danish driver Kevin Magnussen at the launch on Wednesday of a new-look team that will put the French carmaker back on the starting grid as a constructor.
The global alliance between Renault-Nissan and Daimler AG announced today is likely to add one more car to the list of small cars jostling for market share.
Logistics, due to road conditions, continues to pose a challenge.
'I am a big admirer of engineering in India because India has a particular skill in frugal engineering.'
Singing a different tune than its foreign partners, Bajaj Auto on Friday said it will launch a four-wheeler commercial vehicle in mid-2012 from the ultra-low cost car (ULC) platform, which was originally planned to roll out a car with Franco-Japanese alliance Renault-Nissan.
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent.
Why Kia is keen to drive into India? The Korean automobile maker plans to carve out a niche for itself in the crowded Indian market with its compact sedans and SUVs.
Renault says that one of the reasons why its sales look muted when compared to its peers is its limited reach.
The alliance will extend an existing partnership between the two.
Hyundai Motor and Toyota Kirloskar Motor have announced the suspension of manufacturing operations at their respective plants amid coronavirus outbreak. On Sunday, various automakers like Maruti Suzuki India, Honda Cars, Mahindra & Mahindra and Fiat announced a temporary halt in manufacturing operations at their respective facilities.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Auto majors face dip in exports due to credit squeeze in Lanka, Nepal
It manufactures cars ranging from entry-level hatchbacks to sedans to sport utility vehicles to vans to pick-up trucks. It also has a range of electric and hybrid vehicles
Joint crack team of Maruti, Tata Motors, M&M to develop hybrid cars in India
The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
Model 3 received 180,000 orders worldwide.
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