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Tata’s acquisition of IVECO: a defining moment for Europe’s commercial vehicle sector
no significant overlap in product lines or manufacturing geography. As IVECO and Tata compete in different markets, there is little danger in this scenario of a combined market share erosion. The geographical spread distinguishes it from previous European Heavy-Duty (HD) mergers (MAN/Scania, Volvo/Renault). Tata also gains access to IVECO’s FPT Industrial powertrain technologies, including electric, hydrogen, and natural-gas platforms, providi...
News Updated at: 2025/08/08
VW presents USD 580 million investment plan to Argentina’s Economy Minister
. The combustion variant uses a new Euro 7-compliant 2.5L turbo diesel engine that delivers an output of 221 hp and 520 Nm of torque, combined with an 8-speed ZF automatic box. The Maxus also has an electric version, with a 102 kWh battery pack, promising a 560-km range. Other automakers, including Renault, Ford, and Toyota, are also planning the local production of hybrid pickups in Argentina. (Motor1 Argentina on August 5, 2025)...
News Updated at: 2025/08/07
Brazilian vehicle sales increase 0.8% in July 2025 (Fenabrave)
ld 11,921 units (6.6%), Jeep sold 9,960 units (5.5%), and BYD sold 9,616 units (5.3%). Among light commercial vehicle sales in July, Fiat sold 19,593 vehicles (40.7% share), VW sold 5,703 vehicles (11.8%), Toyota sold 5,370 units (11.2%), GM sold 4,347 units (9.0%), Ford sold 4,239 vehicles (8.8%), Renault sold 2,950 vehicles (6.1%), and RAM sold 2,164 vehicles (4.5%). The VW Polo was the best-selling passenger vehicle in July with 12,940 units, ...
News Updated at: 2025/08/05
Spanish passenger car sales increase 17.1% in July
er car sales of 708,139 units in the first seven months of 2025 represented a 14.3% increase from the same period in 2024. Toyota sales increased 10.5% to 9,202 units, VW sales increased 15.6% to 6,905 units, Hyundai sales increased 6.0% to 6,888 units, SEAT sales increased 16.0% to 6,021 units and Renault sales increased 29.4% to 5,782 units compared to July 2024. The best-selling cars in July 2025, in order of popularity, were the Dacia Sandero...
News Updated at: 2025/08/04
New vehicle sales by 5 major OEMs in South Korea increase 0.9% in July
domestic and international sales remained solid. By company, Hyundai Motor led the market with 56,227 units sold (50.7% market share), up 0.4% year-over-year (y/y), followed by Kia with a 2.2% decrease to 45,017 units (40.6% share). KGM ranked third with a 5.2% increase to 4,456 units (4.0% share). Renault Korea posted a 172.3% increase to 4,000 units (3.6% share), while GM Korea saw a 44.2% decline to 1,226 units (1.1% share). Renault Korea was ...
News Updated at: 2025/08/04
French passenger car sales down 7.7% in July
French passenger car sales down 7.7% in July Plateforme de la Filière Automobile (PFA) announced that July new passenger car sales in France of 116,377 units decreased 7.7% over the same month last year. Group Stellantis sales of 31,247 units decreased 8.7% (26.8% share) while Renault Group sales of 27,614 units decreased 7.7% (23.7% share). Volkswagen Group sales of 17,553 units decreased 10.5% (15.1% share) while Toyota Group sales of 8,4...
News Updated at: 2025/08/04
Renault takes full control of Chennai plant in India, acquires Nissan’s 51% stake in RNAIPL
Renault takes full control of Chennai plant in India, acquires Nissan’s 51% stake in RNAIPL On August 1, Renault Group announced it had acquired Nissan’s remaining 51% stake in their joint manufacturing company, Renault Nissan Automotive India Private Ltd (RNAIPL), making Renault the sole owner of the Chennai plant. With this acquisition, RNAIPL will now be fully consolidated into Renault Group’s financial statements. Renault stated that th...
News Updated at: 2025/08/01
Renault Group’s operating profit down 24.8% to EUR 1.65 billion in H1 2025
Renault Group’s operating profit down 24.8% to EUR 1.65 billion in H1 2025 On July 31, Renault Group reported that its H1 2025 revenue increased 2.5% YoY to EUR 27.6 billion from H1 2024. The automotive revenue increased 0.5% YoY to EUR 24.5 billion from H1 2024. For Renault Group, the operating profit for H1 2025 is EUR 1.65 billion (i.e., 6.0% of revenue) decrease by 24.8% compared to EUR 2.2 billion (i.e., 8.1% of revenue) in H1 2024. The Au...
News Updated at: 2025/07/31
Renault Group appoints Mr. François Provost as new CEO and Director
Renault Group appoints Mr. François Provost as new CEO and Director On July 30, Renault Group Board of Directors appointed Mr. François Provost as the new CEO of Renault S.A. and Chairman of Renault s.a.s., starting July 31, 2025, for a four-year term. The decision follows a recommendation from the Governance and Remuneration Committee. Mr. François Provost has also been named a Director of both Renault S.A. and Renault s.a.s. He has been with...
News Updated at: 2025/07/31
Cooper Standard, US provides sealing solutions for Renault Emblème project
Cooper Standard, US provides sealing solutions for Renault Emblème project On July 28, Cooper Standard announced its collaboration with Renault Group on the Renault Emblème project. The project integrates two of Cooper Standard's vehicle innovations: the FlexiCore thermoplastic body seal and the FlushSeal sealing system. Through FlexiCore thermoplastic body seal, Cooper Standard transitioned from a traditional rubber-plus-metal sealing design t...
News Updated at: 2025/07/29
Protean Electric, UK supplies in-wheel motor for Renault 5 Turbo 3E
Protean Electric, UK supplies in-wheel motor for Renault 5 Turbo 3E On July 29, Protean Electric (Protean) announced that it has become the first company to develop and supply IWMs (in-wheel motors) for a mainstream OEM passenger car programme. It has supplied IWMS for Renault 5 Turbo 3E (T3E). Protean Electric has developed one of the most advanced IWM systems in the industry, with its updated Pd18 solution delivering over 200kW directly to ea...
News Updated at: 2025/07/29
CCI approves Renault’s acquisition of Nissan stake in Renault Nissan automotive India
CCI approves Renault’s acquisition of Nissan stake in Renault Nissan automotive India On July 28, the Competition Commission of India (CCI) approved the proposed acquisition of certain shareholding in Renault Nissan Automotive India Private Limited by Renault Group B.V. and Renault S.A.S. The transaction involves the purchase of equity shares and fully paid-up zero-coupon non-convertible redeemable preference shares currently held by Nissan Mot...
News Updated at: 2025/07/29
Renault India launches 2025 Triber with 21 safety features
Renault India launches 2025 Triber with 21 safety features On July 23, Renault India launched the all-new Renault Triber, which is now available in four variants: Authentic, Evolution, Techno, and Emotion. It comes with a starting price of INR 630,000 and ranges up to INR 917,000, and is over 90% localized. The vehicle is equipped with a 1.0L gasoline engine that delivers a maximum power output of 72 PS at 6,250 rpm and maximum torque of 96 Nm at...
News Updated at: 2025/07/24
EU passenger car sales down 5.1% in June 2025
were down 6.7%, down 17.4% and up 15.2% respectively. The sales volume of the top five groups in June decreased 5.6% year-on-year to 829,815 units (66.7% market share). Of these, the VW Group was down 6.1% to 323,879 units (26.0% share) and Stellantis was down 12.3% to 180,907 units (14.5% share). Renault Group was down 0.6% to 142,115 units (11.4% share). Hyundai Group was down 8.7% to 93,451 units (7.5% share) and BMW Group was up 8.2% to 89,4...
News Updated at: 2025/07/24
Renault Group sales rise 1.3% in H1 2025
Renault Group sales rise 1.3% in H1 2025 On July 23, Renault Group reported that its overall sales rose 1.3% YoY to 1,169,773 units in the first half (H1) of 2025 over the same period last year. By brand, Renault was up 2.7% to 808,413 units, Dacia slightly declined by 0.7% to 356,084 units, and Alpine was up 84.6% to 5,015 registrations in H1 2025. Renault Group's sales in Europe increased by 5.4%, reaching 708,106 vehicles in the first half of ...
News Updated at: 2025/07/23
Renault launches Austral C-SUV in Turkiye with hybrid powertrains
Renault launches Austral C-SUV in Turkiye with hybrid powertrains On July 17, OYAK announced that the new Renault Austral C-SUV is now available in Turkiye, starting at TRY 2,190,000. Renault Austral E-Tech full hybrid version features a 1.2-liter turbo gasoline engine with two electric motors, and a multi-mode automatic transmission, which generates output of 200 hp, it accelerates from 0 to 100 km/h in 8.4 seconds. It switches smoothly between ...
News Updated at: 2025/07/18
Spain awards EUR 90.2 million from PERTE VEC III to 13 companies
Spain awards EUR 90.2 million from PERTE VEC III to 13 companies On July 16, the Ministry of Industry and Tourism, Spain, awarded EUR 90.2 million in grants and loans from the third round of the Electric and Connected Vehicle PERTE (Perte for Electric and Connected Vehicles) in its value chain section to 13 companies. The following are the receivers RENAULT ESPAÑA (Palencia) (Grant EUR 32.9 million, Loan EUR 3.1 million) VALEO SPAIN (Jaén) (...
News Updated at: 2025/07/17
Renault Group appoints interim chief executive officer
Renault Group appoints interim chief executive officer On July 15, Renault Group announced that its board of directors has decided to appoint Mr. Duncan Minto as Chief Executive Officer of Renault S.A., for an interim period until the appointment of the new Chief Executive Officer. At present, he is the CFO of Renault Group. He will ensure the day-to-day management of the company alongside Jean-Dominique Senard, who will hold the position of Ch...
News Updated at: 2025/07/16
Renault H1 2025 preliminary financial results: revenue increased by 2.5%
Renault H1 2025 preliminary financial results: revenue increased by 2.5% On July 15, Renault Group announced its H1 2025 preliminary financial figures. Its group revenue increased by 2.5% to EUR 27.6 billion. Its operating margin was at 6.0% of Group revenue. These results were affected by lower-than-expected June performance due to slightly reduced volumes, rising commercial pressure from a declining retail market, underperformance in the LCV se...
News Updated at: 2025/07/16
Pars Khodro, Iran to introduce Pars Nova sedan
Pars Khodro, Iran to introduce Pars Nova sedan On July 14, multiple sources reported that Pars Khodro has finalized the quality, technical, and safety standards for the Pars Nova sedan. The vehicle is now in the final stages of mass production and will soon be introduced to the market. Developed on a well-known Renault platform, the Pars Nova has been manufactured using the same quality and safety procedures applied to Renault products. Based on ...
News Updated at: 2025/07/15