Renault

Renault posts record year

Paris - Muslimchronicle

Renault sold a record number of cars last year, the French carmaker said Monday, with global unit sales reaching 3.76 million, a rise of 8.5 percent over 2016. Volumes were up in all the world's regions. The Asia-Pacific region had the strongest sales increase at 17 percent, helped by a doubling of sales in China, followed by Eurasia with 16.6 percent.Read more

BYD Opens Plant in Morocco, Creates 2,500 Jobs

Rabat - Muslimchronicle

Following the lead of French car manufacturers Renault and Peugeot, the Chinese automotive manufacturer BYD, “Build Your Dreams,” becomes the third automaker to establish a major automoble manufacturing presence in Morocco. The announcement came from the chairman of BYD while in Rabat on Saturday December 9. BYD Co. Ltd., a Chinese manufacturer of automobiles, buses, forklifts, rechargeable batteries, and trucksRead more

Renault celebrates 40 years

London - Muslimchronicle

As the Renault team prepares for the Abu Dhabi Grand Prix this weekend, the French manufacturer is celebrating 40 years of success, passion and pride in Formula One. The success story began in 1977 with the RS01 model and is still very much alive today with Renault’s two drivers, Carlos Sainz Jr. and Nico Hülkenberg currently sitting in 9th andRead more

France selling 4.7% stake in Renault

Paris - Muslimchronicle

The French government on Thursday launched the sale of a 4.73 percent stake in automaker Renault, a state agency handling public assets said. The sale will cut France's stake in Renault back to the 15.01 percent level that it stood at two-and-a-half years ago, but still leaves it as the automaker's biggest single shareholder. In April 2015, the French governmentRead more

Renault plans China growth, more electric vehicles

Beijing - Muslimchronicle

French automaker Renault, a leader in electric vehicles, announced Friday plans to launch five new emissions-free models by 2022 and make a major push into China. Renault CEO Carlos Ghosn said he aimed for annual sales of 5 million vehicles by 2022 -- a 44-percent increase on the 3.47 million units sold in 2016 -- and revenues of over 70Read more

Renault to rely on low-cost and electric cars to boost sales

Paris - Muslimchronicle

French carmaker Renault expects a first-mover edge in electric cars and a wider vehicle line-up for emerging markets to help it deliver a 44 percent sales increase by 2022. Electric cars are “turning into a significant contributor to our performance while other automakers are just starting the journey,” Chief Executive Carlos Ghosn said on Friday. Renault’s mid-term plan shows itRead more

Tom Lee to lead SAIC Motor in Middle East

London - Muslimchronicle

SAIC Motor has underlined its ambitious plans for the Middle East by announcing the appointment of Tom Lee as its new regional head. Lee’s appointment as managing director marks his return to a region where he previously enjoyed success as Hyundai Motor Co.’s vice president and head of operations in the Middle East and Africa. The move is also aRead more

Honda halts production at Japan plant after cyber attacks

Tokyo - AFP

Honda said Wednesday it had temporarily halted production at a plant in Japan after it suffered a cyberattack from the same ransomware that struck hundreds of thousands of computers worldwide last month. The Japanese automaker said it had shut its plant in Sayama, near Tokyo, on Monday after discovering its computer system was infected with the so-called WannaCry virus. TheRead more

Italian Sofegi to Open in Morocco

Rabat - Arab Today

The Italian company Sogefi, a subsidiary of the CIR group, will set up its first African site in Morocco in the Tangier free trade zone. The company specializing in the manufacture of automotive components announced the construction of a new plant in the Kingdom for the supply of local and European market. In a statement published by the CIR Group,Read more

Renault Trezor wins design award

Geneva - Arab Today

The Renault Trezor has been crowned 2016’s Concept Car Design of the Year, based on the votes of a 20-strong judging panel featuring some of the world’s top car designers. The peer-reviewed award, received by Anthony Lo, vice president, exterior design and Stéphane Janin, concept-car director, was presented at a gala ceremony in Geneva. Car Design Review editor Guy BirdRead more