Renault Archives — City Business News

May 17, 2022 No Responses

Russia Nationalises Renault’s Moscow Plant

Renault has announced it is selling its majority stake in Russian carmaker Avtovaz, following pressure over its continued presence in the country. The French carmaker said it would sell its 68% interest to a Russian science institute, while its shares...

November 12, 2021 No Responses

Daimler To Sell Entire $364m Stake In Renault

Daimler plans to dispose of its stake in Renault, the next step in dissolving equity ties forged over a decade ago to cement a three-way partnership between the German automaker, Renault and Nissan. Automotive News report that the maker of...

November 11, 2021 No Responses

COSCHARIS Motors Woos Ford, Renault Customers To Abuja Auto Fair With Discounts

By Moses Ebosele, ebosele@hotmail.com — The management of Coscharis Motors has pledged to delight Abuja and Northern automobile enthusiasts by participating in the Abuja auto fair scheduled to hold from 15th – 20th November 2021 at the Internation...

August 3, 2021 No Responses

Renault India Begins Exports Of Kiger To South Africa

Renault India division on Monday commenced exports of its sub-4 metre compact SUV Renault KIGER to South Africa.Developed specifically for the Indian market and the Indian customers, before taking it globally, Renault KIGER is the latest ad...

July 17, 2021 No Responses

Renault Declares 1,422,600 Vehicle Sales In Six Months

The management of Renault on Friday reported 18.7% increase in worldwide vehicle sales in the first half of the year, rebounding from a 21.3% drop in 2020 due to the impact of the COVID-19 pandemic on the global economy.“In an...

July 9, 2021 No Responses

Coscharis Motors Presents Locally Assembled Renault Vehicles At Lagos Motor Fair

Coscharis Motors, a subsidiary of Coscharis Group recently showcased two locally assembled Renault automobile models amongst others during the 15th Lagos Motor Fair held at the Federal Palace Hotel, Lagos. Speaking at the Fair with various stakeholders i...

May 20, 2021 No Responses

Coscharis Extends Renault Giveaway Promo

Foremost automobile company and sole distributor of Renault brand in Nigeria, Coscharis Motors has announced the extension of its Renault giveaway promo. The promo which was earlier scheduled to run till the end of April has now been extended to...

May 7, 2021 No Responses

Renault Unveils New Logo

Renault on Thursday unveiled its new brand identity. The previous iteration was created in 1992 and was re-worked in 2015. According to Renault, its recently unveiled logo is more modern and vibrant, and it serves a key purpose: to portray the Renaul...

January 31, 2021 No Responses

Renault Unveils Kiger SUV

December 20, 2020 No Responses

Coscharis Motors Rolls Out Nigerian-Assembled Renault Duster, Logan

Moses Ebosele, ebosele@hotmail.com — Coscharis Motors Plc, a subsidiary of Coscharis Group has officially reintroduced the Renault auto models into the Nigeria market with complementary after-sales facilities in Lagos, Abuja, Port Harcourt and Uyo.&n...

August 18, 2020 No Responses

Renault Unveils New Duster

Renault on Monday unveiled its new Duster turbo petrol variant for the Indian market. The Renault Duster turbo petrol is available in three manual trim options, RXE, RXS, RXZ, while there are two CVT trims on offer as well, RXS and RXZ.Acco...

May 30, 2020 No Responses

Renault Sacks 15,000 Workers

French carmaker, Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in...

May 28, 2020 No Responses

Renault-Nissan-Mitsubishi Presents New Business Model

As part of measures to enhance competitiveness and profitability, members of one of the world’s leading automotive alliances, Groupe Renault, Nissan Motor and Mitsubishi Motor Corporation on Wednesday announced several initiatives.Under the arrangement, memb...

May 21, 2020 No Responses

Renault May Close French Factories

French automobile manufacturer Renault has earmarked three manufacturing and assembling factories for closure. According to French media daily,the move comes as a core of the restructuring plan for the company with the intention to reduce fixed costs by €2 b...