The Renault team has been handed a two-year suspended ban from the Formula One world championship after admitting to race-fixing, the governing International Automobile Federation said on Monday.
Double world champion Fernando Alonso turned up for a race-fixing hearing on Monday that could determine Renault's Formula One future.
The Renault Formula One team and Spain's Fernando Alonso were given the green light to compete in Valencia this weekend after getting a one-race suspension overturned on Monday. The governing International Automobile Federation (FIA) said in a statement that its court of appeal has decided to reduce the sanction imposed on the French team to a reprimand and $50,000 fine.
The Renault-Nissan combine is tying up with Bajaj to introduce low-cost cars in Israel, which will cost nearly half of what people are accustomed to paying here, a media report said. Renault-Nissan is presently working on developing low-cost cars for the price-intolerant Asian market, Ha'aretz reported.
Renault's Formula One future will be decided in Paris on Monday when the governing body rules on a race-fixing controversy that has stunned and shamed the sport. The French manufacturer has said it will not contest charges that the team ordered Brazilian Nelson Piquet to crash in last year's Singapore Grand Prix so that Spanish team mate Fernando Alonso might win the race.
Renault, which has a joint venture with M&M that sells entry level sedan Logan, has been a subject of speculation over its relationship with the Indian partner and declining sales of the car had put a question mark over the future of the JV -- Mahindra Renault Pvt Ltd, in which the French firm has 49 per cent stake.
Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.
"We have been offered deals that are absolutely fine with what we wanted," said the Sauber driver's manager.
Mahindra had bought Renault's 49 per cent stake in the troubled Mahindra Renault Private Ltd, while gaining limited autonomy to the Logan sedan, in an effort to turn around the loss-making company.
After giving an extreme makeover to popular cars such as Toyota Fortuner and the Mahindra XUV500, DC Design is working on Renault Duster.
The new car, which would come in four variants and two options, is priced between Rs 2.57 lakh and Rs 3.53 lakh.
Lando Norris put McLaren on pole position for the Spanish Grand Prix on Saturday
No one ever expected that it would so soon re-enter the Indian car market.
The double world champion made a perfect start to his return to Renault with the fastest time in testing at the Jerez circuit.
Tata Motors is hot on Renault's heels in a drive to produce and distribute the world's most affordable car in the fast-growing India market.
Mahindra Renault on Thursday announced the launch of two new variants of its Logan models, one each in petrol and diesel.
The compact SUV's exteriors and fuel efficiency could make it a tough challenger, provided Ford plays its price card well.
Former champions Renault hit back at allegations of spying on Friday, saying their cars were untainted by any data from Formula One rivals McLaren. They also said that a former McLaren engineer who joined them in September last year had been suspended as soon as they became aware that he had brought confidential technical information with him.
The alliance has already pushed back the launch deadline twice over the last three years.
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
Renault have told Formula One's governing body they want to stay in the sport and will make changes in their team to ensure a race-fixing controversy never happens again.
Robert Kubica is assessing his future at Renault after the manufacturer's decision to sell a significant stake in its Formula One team, the Polish driver's manager said on Wednesday. Daniele Morelli told the BBC it is "not automatic" Kubica would stay although he hinted he is likely to do so and sought more information about the team's plans.
Fernando Alonso feels Sunday's inaugural Turkish Grand Prix could play to Renault's strengths.
The price of the car is quite tempting considering the fascinating features that this new petrol model sports.
Renault and M&M had planned to bring the seven-seater MPV through their JV under which the French company's mid-sized sedan 'Logan' is manufactured and sold in India. The MPV was displayed at the Auto Expo held earlier this year.
Both Ford Ecosport and Renault Duster were unveiled at the 2012 Auto Expo held in New Delhi in January.
Company officials said it would not be possible to share details, as the study had just begun.
Fernando Alonso has played down his Renault team's chances of taking on Ferrari and McLaren in next month's Australian GP.
Armaan Ebrahim won the first round of Formula Renault V6 championship at tricky Sepang track in Malaysia.
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.
Similar model is sold in UK, where it is offered in petrol as well as diesel models.
Double world champion Fernando Alonso gave Renault's 2008 Formula One car an encouraging track debut on Monday ahead of next week's formal launch.
The newly launched automatic version of the successful sedan has an attractive price point and offers a fuel efficiency of 17.97 kmpl. Here is how it stacks up against its four competitors from Honda, Hyundai, Volkswagen and Skoda.
