Renault Nissan

Renault Nissan Automotive India marks 15 yrs of operations at TN plant

Renault Nissan Automotive India Pvt Ltd has completed 15 years of operations, achieving significant milestones since commencing production at its facility near here in 2008, the company said on Friday. The automobile manufacturer had laid the foundation stone for the state-of-the-art manufacturing facility on August 26, 2008, and has crossed several milestones including producing more than 2.5 million vehicles, the company said. Renault Nissan Automotive India Pvt Ltd has a manufacturing facility at Oragadam about 45kms from Chennai. "RNAIPL has now established itself as a leading automotive manufacturer having produced over 2.5 million Renault and Nissan cars in India for domestic and export markets," the company said in a statement. "The plant is also set to continue its exciting journey as it looks to roll out six new models, including two EVs (electric vehicles), over the next few years," the company said. Commenting on reaching the milestone, RNAIPL Managing Director Keerthi

Renault Nissan Automotive crosses 2.5 mn production mark at Chennai plant

Renault Nissan Automotive on Thursday said it has crossed 25 lakh unit production milestone at its Chennai-based manufacturing plant. The plant is spread over 600 acres and caters to both domestic and export market requirements for Renault and Nissan. Over the past 13 years, the plant has rolled out around 20 Renault and Nissan models from the facility. Besides catering to the domestic demand, the plant has also exported over 10 lakh units to more than 108 destinations including markets in the Middle Eastern countries, Europe, Latin America, New Zealand, Australia, South-East Asia, SAARC countries, and Sub-Saharan Africa. The Chennai-based Renault Nissan Automotive India Pvt Ltd (RNAIPL), the first dedicated Alliance plant globally, started operations in 2010. "Moving to the future, RNAIPL is gearing up to manufacture six new models, three each for Renault and Nissan, as announced under the Alliance investment plan. "We are confident that these cars, engineered and manufactured i

Tamil Nadu may attract 35% of all EV investments in India till 2030

State sees Rs 43,000 crore investment in two years; Hyundai, Ola, Ather among major players

Renault Nissan Automotive progresses towards Carbon Neutrality vision

Automobile manufacturer Renault Nissan Automotive India Pvt Ltd was progressing towards its Carbon Neutrality goal which was launched in February this year. The Chennai plant of the company already initiated a campaign to replace single use plastic items with eco-friendly alternatives. Renault Nissan Automotive Pvt Ltd (RNAIPL) in a statement on Sunday said it was making strong progress towards achieving its 2045 Carbon Neutrality goal and it would cross several important milestones by 2030. According to the statement coinciding with the World Environment Day observed on June 5, every year, the roadmap to attain the carbon neutrality encompasses three areas --increasing of share of green energy, aggressively improving efficiencies in energy usage, and continuous adoption of energy efficient technology at its Oragadam plant. As of FY 2022-23, the company's strategy has already allowed the automaker to cut down the equivalent of 87,500 tonnes of CO2 emissions every year. "At RNAIPL,

Nissan in talks to boost its UK plant as Renault haggling continues

The UK has been struggling to attract investment from the auto industry in the aftermath of Brexit

Automakers Renault and Nissan make cross-shareholdings equal at 15%

Nissan and Renault have changed their mutual cross-shareholdings equal at 15 per cent, ironing out a source of conflict in the Japan-French auto alliance. Renault Group will transfer 28.4 per cent of the Nissan shares it owns into a French trust, so its stake will be the same 15 per cent that Nissan Motor Co. has in the French automaker. Voting rights would be neutralized for most decisions, the two companies said in a statement on Monday. The move had been anticipated because of leaks to various media outlets. The Nissan-Renault alliance began in 1999, at a time when the Japanese automaker was in tough financial straits. The disparity was a cause of friction, especially after Nissan became far more profitable than Renault.

Automakers Renault and Nissan make cross-shareholdings equal at 15%

Nissan and Renault have changed their mutual cross-shareholdings equal at 15 per cent, ironing out a source of conflict in the Japan-French auto alliance. Renault Group will transfer 28.4 per cent of the Nissan shares it owns into a French trust, so its stake will be the same 15 per cent that Nissan Motor Co. has in the French automaker. Voting rights would be neutralized for most decisions, the two companies said in a statement on Monday. The move had been anticipated because of leaks to various media outlets. The Nissan-Renault alliance began in 1999, at a time when the Japanese automaker was in tough financial straits. The disparity was a cause of friction, especially after Nissan became far more profitable than Renault.

Renault, Nissan aim to announce deal on reshaped alliance on Feb 6: Report

The boards of the two firms would still need to individually approve a potential deal after Thursday's meeting

The mercurial should not trump the methodical

Mercurial founders get disproportionate public exposure, but nothing pulls down leaders with extra-gravitational speed than front-page coverage in the media

Skill-Lync ties up with Renault Nissan Tech to train, upskill professionals

Education technology start-up Skill-Lync on Monday said it has partnered with Renault Nissan Technology & Business Centre India (RNTBCI) for training and up-skilling of professionals. The partnership will drive comprehensive talent transformation programmes and the two partners will launch co-branded programmes to build a talent pipeline for their future needs, the company said in a statement. RNTBCI is the captive automotive technology and business centre supporting automotive alliance Renault and Nissan globally. As part of the partnership, Skill-Lync's students trained in various areas, including electric vehicles, autonomous vehicles, embedded systems, model-based development, automotive design, finite element analysis (FEA), computational fluid dynamics (CFD), and data analytics and data science, will be considered for entry-level and lateral hiring at RNTBCI, depending upon suitable skill sets and requirements. Moreover, internship opportunities will also be provided to ...

Nissan Renault Financial Services India donates Rs 1 cr to PM CARES Fund

Nissan Motor India Pvt Ltd on Friday said Nissan Renault Financial Services India (NRFSI) has donated Rs 1 crore to the PM CARES Fund towards COVID-19 relief measures

Court asks Renault-Nissan to pay workers $9.5 million interim dues

Workers at the Renault-Nissan plant in Chennai filed an industrial arbitration suit demanding 20,000 rupees as a monthly interim settlement after the expiry of a previous wage agreement in March 2019

TN notifies Renault Nissan industrial dispute arbitration

The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official.

Renault-Nissan's India unit wants state govt to set social distancing rules

The Renault-Nissan plant resumed operations last week after workers earlier went on strike saying they felt unsafe due to a rising number of coronavirus infections at the factory

Renault Nissan Auto India and workers' union sign interim peace deal

An interim peace deal has been signed between the Renault Nissan Automotive and its worker's union RNITS to try out the options to maintain social distance at the shop floor

Madras High Court orders Covid-related audit of Renault-Nissan plant

Workers at the plant are on a strike over allegations that social distancing rules are not being followed

Court orders coronavirus-related audit of Renault-Nissan factory

The standoff is a sign of the challenges companies face in resuming operations when new infections in India are rising.

Defiant Carlos Ghosn pins hopes on French probes to clear his name

Auto magnate-turned-fugitive Carlos Ghosn is campaigning to clear his name, and hopes a visit by French investigators to his home in exile in Lebanon will be his first real opportunity to defend

Renault-Nissan to shut south India plant until May 30 over Covid concerns

The plant near state capital Chennai will be shut from May 26 to May 30 to ensure safety amid rising Covid-19 cases

Renault-Nissan, Hyundai face shutdowns in India over workers' Covid fears

The state has imposed a lockdown until May 31 but allowed some factories, including auto plants, to continue operating