Page 3 - Renault Nissan

France presses Renault over executive compensation paid via holding company

Le Maire made the demand after France's CGT trade Union voiced concerns over payments made to certain high-ranking executives via the alliance's Renault-Nissan BV Dutch venture

Renault, Nissan executives twice planned secret Ghosn payout: Report

PARIS/TOKYO (Reuters) - Executives from both carmakers in the Renault-Nissan alliance <7201.T> looked at least twice at legal ways to pay Chairman Carlos Ghosn undisclosed income through the partners' shared finances, documents seen by Reuters show.

Emmanuel Macron tells Shinzo Abe he wants to keep Renault-Nissan alliance

Macron and Abe met just hours after Japanese prosecutors extended the detention of Ghosn by up to 10 days

Renault Nissan employees raise concern over Voluntary Separation Scheme

According to a settlement between the firm and RNITS, the company should discuss with the union before taking a call on any such separation or retirement schemes, the employees argue

Tamil Nadu govt & Renault Nissan likely to settle tax dispute outside court

The counsels for both sides informed the Madras High Court that they are involved in settlement talks and are likely to settle it outside court

Renault Nissan alliance jointly developing electric variant of Kwid

The project is said to have been assigned to the secret team named 2ASDU at Renault Nissan Technology Business Centre India

Renault-Nissan sets up $200 million fund to tap startups: Sources

Renault-Nissan-Mitsubishi venture will also obviate the need to thrash out the ownership split for each alliance acquisition

Renault-Nissan commitment to state doubtful, feels Tamil Nadu govt

Faster payment of incentives to Renault-Nissan Alliance India Pvt Ltd (RNAIPL) might result in the latter abandoning its project in the state, the government of Tamil nadu is arguing before the high court here.The court is looking into the dispute on alleged non-payment of incentives worth Rs 5,000 crore to the company. The bone of contention is a business model change the company implemented between 2012 and 2014; the state alleges this resulted in "unlawful gain" and boosted subsidies in the short term.The revised model had one manufacturing company, RNAIPL, and two marketing companies, Renault India and Nissan Motors India.The state's industries department has alleged there might not be any compulsion for the alliance partners to carry on with the business model once the maximum subsidy of around Rs 4,500 crore is given within five or six years as the company wants. A detailed questionnaire on these allegations, sent to Nissan, was not answered. The state argues Mahindra & ...

Renault-Nissan to halt third shift at Chennai production unit

No job losses as all permanent on-roll employees will keep their jobs even as one shift is halted

Renault-Nissan boss says needs UK Brexit guarantees

Sunderland plant is Nissan's biggest factory in Europe, with a production capacity of around 500,000 cars per year

Renault-Nissan to build 70% of products on common platform by 2020

A common platform allows the firm to make a wide range of vehicles from a smaller pool of parts, yielding more savings and greater value for customers

Renault-Nissan signs long-term settlement with workers at Oragadam facility

Plant technicians will receive a salary increase of Rs 18,000 progressively over the next three years

Renault Nissan plant to shut for maintenance purposes

The shutdown is part of a bi-annual scheduled maintenance plan