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  Renault and Geely set up a joint venture to build cars

  According to media reports, on the afternoon of January 21, Renault Group and Geely Holdings Group (hereinafter referred to as "Geely") announced that they had signed an agreement to form a joint venture company to develop, produce and sell Renault-branded fuel vehicles and smart hybrid vehicles in South Korea based on Geely's CMA architecture and hybrid technology, and exported to markets outside South Korea. So far, the two sides have not made it public. The new product will adopt the modular architecture of Geely Holdings Group CMA, while taking advantage of Renault's forward-looking technology, styling design and user experience, the Financial Associated Press reported.

  Renault Geely 2022-01-22
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  After breaking up with Dongfeng, Renault Geely was born!

  On August 9, Zhejiang Geely Holdings Group (hereinafter referred to as "Geely Holdings") announced that it had signed a memorandum of understanding with Renault Group (hereinafter referred to as "Renault") to establish a long-term partnership. In China, the two sides will jointly develop Renault-branded hybrid models based on Geely Holdings' platform technology. In South Korea, the two sides will cooperate based on the Lectra energy-saving platform to jointly develop models suitable for the Korean market. Geely Renault said that the cooperation between the two sides will reflect Geely holding Group's open strategy to its vehicle architecture, and will also accelerate the landing of Renault Group's "Renaulution plan" in these two markets. There is.

  Dongfeng Renault Jiangling Renault Geely Renault 2021-08-09
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  Geely Renault reaches South Korean car-building cooperation Samsung Motor withdraws from History

  According to several media reports, Geely Automobile and France's Renault Group will soon announce the landing of a new partnership. South Korea's Renault assembly plant will produce Geely's Lecker 01 hybrid model. Geely can push into new markets by considering the possibility of bringing Korean-made cars into the US market duty-free.

  Geely Renault joint venture 2021-12-22
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  Guan Xuan! Geely and Renault to form a new joint venture

  French automaker Renault Group announced on November 8 that Geely Holdings, Geely Motor (hereinafter collectively referred to as Geely) and Renaults.a.s. Sign a non-binding framework agreement proposing the establishment of a joint venture company, and Geely and Renault will each hold 50% of the new company.

  Geely Renault Automotive Group Company fuel Business Market Brand Holdings Technology Wall Volvo Cooperation Global 2022-11-08
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  Geely Renault announced the establishment of a new joint venture company!

  On July 11, Geely Holdings Group and Renault Group jointly announced that Geely and Renault signed a joint venture agreement, each holding 50% of the joint venture company. the new company is committed to becoming the leader in the next generation of efficient and energy-saving hybrid system solutions, developing, manufacturing and supplying advanced hybrids around the world.

  Renault Geely Company Power Market Automotive fuel Technology China Electric Operation Assembly Hybrid Business engine 2023-07-11
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  Geely takes a stake in Renault Korean Automobile

  Today, Geely announced that its subsidiary Centurion Industries Limited (CIL) signed a share subscription agreement with Renault Korea Motor, agreeing to subscribe for 45.375 million shares of Renault Korea Motor for 1.376 billion yuan.

  Renault Automotive Geely Market Group Cooperation Korea Company Business Electric Brand both parties Limited Co. Ltd. 2022-05-10
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  New development: shares of Geely Renault joint venture may change

  At noon on March 2, Geely announced on the Hong Kong Stock Exchange that Geely Holdings, Renault, Saudi Arabian OilCompany (Saudi Aramco) and the company had signed a letter of intent that Saudi Aramco intended to take a minority stake in the proposed joint venture in the form of cash investment. Geely Holdings

  Geely Renault Company Automobile Saudi Arabia shares Ami Group Korea Power Oil Global Market Equity holding 2023-03-02
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  Geely Renault joint venture is in operation!

  After the successful marriage of Geely and Renault, its joint venture has made new progress. Recently, the internal combustion engine joint venture Horse officially began operation. the new company, headquartered in Madrid, Spain, is composed of 9000 former Renault employees, has eight production bases and three research centers, and has an annual production capacity of 3.2 million.

  Renault Market Company Geely Automotive Internal Combustion engine Business China Technology Electric fuel Europe Enterprise Power Joint Venture 2023-07-08
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  Opposing the sale of internal combustion engine business to Geely, Nissan urgently made an appointment to talk about Renault

  Renault CEO Luca de Mayo (Luca de Meo) will hold talks with Nissan CEO Makoto Uchida this weekend to discuss Renault's plans to sell its internal combustion engine business to Chinese carmaker Geely Holdings, the Financial Times reported. People who know about it are transparent.

  Renault Automotive shares Market Business Geely Global Company Equity New Energy Internal Combustion engine sales Jiangling Electric part 2022-10-09
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  Renault-Nissan alliance reorganized!

  On January 30, Nissan announced that after months of constructive discussions with Renault, the two sides had reached a restructuring agreement to reshape their 20-year alliance, which would then be reviewed and formally decided at a board meeting. In addition to the above deal, Nissan will also invest in Renault's new electric vehicles

  Renault Company Geely sales Markets cars shares Equity Global Power both sides parts Investment Equality Business 2023-01-31
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  a broken mirror joined together! Nissan Renault Alliance restarts

  After months of negotiations, Nissan Renault's restructuring of the alliance is finally coming to an end. On February 6th, Renault and Nissan announced that they had formally reached a framework agreement for alliance restructuring, with the two companies holding 15% of each other's shares and voting rights respectively. According to the restructuring agreement, Renault's shareholding in Nissan has increased from 43.

  Renault Alliance both sides Mitsubishi Automotive Company shares Equity Cooperation Geely Market proportional Electric restructuring Business 2023-02-07
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  Volvo withdrew from internal combustion engine R & D and manufacturing, and all shares were sold to Geely Holdings.

  On November 8, 2022, Volvo announced that its strategic direction is to achieve full electrification by 2030 and shape the future of mobile travel. To this end, Volvo will divest its 33% stake in Aurobay to Geely Holdings. The announcement pointed out that the divestment is Volvo.

  Wall Volvo Automotive Electric Geely Power Company Model sales Renault Global Market Hybrid Business Systems 2022-11-09
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  Russia may take over Toyota plant in Russia

  Affected by previous Western sanctions on Russia and the escalation of the situation in Russia and Ukraine, including Renault, Toyota, Nissan and other manufacturers have withdrawn from the Russian market, resulting in the suspension of production in many local factories in a vacant state, but according to media reports, a number of automakers have entered their Russian factories

  Cars Russia Market Factory sales China Toyota Geely Brand Renault Group St. Peter St. Petersburg Manufacturing share 2023-03-18
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  Another joint venture car company collapses? Brilliance Renault Gold Cup filed for bankruptcy!

  After all, it failed to make it through 2021, and brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy just one day before the end of 2021. On December 30th, according to the information of the national enterprise bankruptcy reorganization case information network, brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy, the case number is (2021) Liao 01 Breaking Shen 24, and the handling court is the Shenyang Intermediate people's Court of Liaoning Province. both the applicant and the applicant are brilliance Renault Gold Cup. However, brilliance Renault Gold Cup today is no accident, according to Tianyancha APP information, brilliance Renault Gold Cup has been listed as the executor many times this year, a total of executees.

  Brilliance Renault Gold Cup 2021-12-30
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  All of a sudden! A joint venture car company was exposed to suspend the payment of wages / cut off the payment of social security

  According to China Business report, Huachen Renault Gold Cup has suspended wages, social security and provident fund contributions (health insurance only). The first employee of brilliance Renault Gold Cup disclosed to China Finance and Economics the information of the meeting on December 20: 1, wages will be suspended from now on; 2, all kinds of insurance and provident fund payments will be suspended (only medical insurance); 3. Heating expenses have been put on the agenda this year. Whether to reimburse or not to wait for the result. This information is conveyed to every employee, solicit opinions, submit an application and report to the employees who have individual difficulties. The above-mentioned employees said that at present, employees can leave voluntarily, and the solution can be completed in 1-2 days.

  Hua Chen Renault 2021-12-21
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  The Chinese car company is also on the list of the top 10 most valuable car companies in the world.

  Recently, Brand Finance, a British independent brand business evaluation consultancy, released a list of the "Top Ten Automotive groups with the highest Brand portfolio value in the World in 2020". In terms of national brands, German brands Volkswagen, Daimler (Mercedes-Benz) and BMW occupy three seats, while Japanese Toyota, Honda and Nissan are also on the list. American GM and Ford ranked sixth and seventh respectively, while French Renault remained at 10th place. It is worth mentioning that the ranking shows the shadow of Chinese car companies for the first time, with Geely ranking ninth with a value of $18 billion. Judging from the list, German and Japanese brands are still the biggest winners, occupying the overall ranking.

  Volkswagen Geely 2020-05-15
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  With a reshuffle of the automobile industry in 2020, these brands are facing a moment of life and death.

  2020 is a special year for the global market. due to the influence of the epidemic, the production and operation of the upper, middle and lower reaches of the automobile industry have stagnated. Although the Chinese market has become the first automobile market to recover, under the influence of such a market, there are still many car brands that finally stopped in 2020 because of poor management and become history. 1. Dongfeng Renault on April 14, 2020, both shareholders of Dongfeng Renault announced that the joint venture company had officially ceased operation. Both shareholders reorganized Dongfeng Renault, and Renault transferred its 50% stake in Dongfeng Renault to Dongfeng Automobile Group. Dongfeng Lei.

  FAW Xiali brilliance Group Dongfeng Renault 2021-01-01
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  Change the standard of Jianghuai, the Russian classic brand will be revived.

  Moscow Mayor Sergei Sobyanin (Sergei Sobyanin) said on November 18 that the "Muscovites" car production line would start assembling cars for the first time next week and hoped to reach the same level of production as when Renault was here next year. According to

  Cars Russia brands markets Renault sales Moss China production Muscovites Lada manufacturing manufacturers factories Moscow 2022-11-19
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  Russian car sales announced as they plunged 74.9%

  According to data released by the Russian European Enterprise Association (AEB), sales of passenger and light commercial vehicles in Russia fell 74.9 per cent year on year to 32412 in July 2022, a decrease of 94819 compared with July last year. From January to July this year, Russian car sales were only 368900.

  Russia cars sales brands markets Renault China shares groups branded cars factories losses data months shares 2022-08-07
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  Soviet classic brand revived, put into production Sihao X4

  Russia resumed production of Soviet-era Moskvich-branded cars on Wednesday at a factory abandoned by French carmaker Renault near Moscow after a two-year hiatus, Russia's Ministry of Industry and Trade said. It is understood that the Moskvich brand in 1946

  Car Russia Brand Market sales Renault China manufacturer Moss Manufacturing production Factory Lada Development France 2022-11-24