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United Kingdom

Laurence Frost

Renault embarks on post-Ghosn era with lower profit goal

14 Feb 2019

PARIS Renault set a weaker full-year profit goal on Thursday, citing currency challenges and market uncertainties, as the French carmaker presented annual results without its recently ousted CEO Carlos Ghosn for the first time in 13 years. | Video

Renault scraps Ghosn's €30 million parachute with government backing

13 Feb 2019

PARIS Renault said it had scrapped 30 million euros (£26.38 million) in deferred and severance pay to former boss Carlos Ghosn, forced out last month following his arrest for suspected financial misconduct at Japanese affiliate Nissan .

Renault-Nissan payments to political advisers draw scrutiny

01 Feb 2019

PARIS Renault-Nissan is examining fees paid to consultants and political advisers including a serving European lawmaker, following Chairman Carlos Ghosn's arrest and ouster from the helm of the carmaking alliance, two sources told Reuters.

Renault names new leaders as scandal-hit Ghosn bows out

25 Jan 2019

PARIS Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan's Nissan. | Video

Renault board meets to choose successor to Ghosn

24 Jan 2019

PARIS Renault's board will meet on Thursday to replace Chairman and Chief Executive Carlos Ghosn, in a move that could help ease tensions with alliance partner Nissan following Ghosn's arrest in Japan for alleged financial misconduct.

Renault convenes board to turn page on Ghosn era

22 Jan 2019

PARIS Renault has called a board meeting to replace Chairman and Chief Executive Carlos Ghosn, in a move that may begin to ease tensions with alliance partner Nissan in the wake of Ghosn's arrest in Japan for alleged financial misconduct.

Gripped by Ghosn crisis, Renault expects slight sales growth

18 Jan 2019

PARIS Renault expects to deliver sales growth in 2019, despite the imminent ouster of Chairman and Chief Executive Carlos Ghosn and tension with alliance partner Nissan .

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