Latest news with #CMF-A
Time of India
01-08-2025
- Automotive
- Time of India
Revving up: Renault gets keys to Nissan's TN plant
CHENNAI: Four months after Renault Group announced its intent to buy out Nissan's 51% stake in joint India plant RNAIPL (Renault Nissan Automotive India Private Ltd), the French auto major has completed the acquisition and become sole owner of the Oragadam/Chennai facility. 'India is a key market for Renault Group and also plays a vital role in our global R&D footprint. With full ownership of our plant in Chennai, we now have all the means to accelerate in India,' said François Provost, CEO of Renault Group. The acquisition is part of Renault Group 'accelerating its development in India' said the company in a statement. Renault Group has just named Stephane Deblaise as its CEO for India effective Sept 1, 2025 to lead the next phase of the French auto major's India strategy. Since its launch in 2010, the Chennai plant has produced more than 2.8 million vehicles — including 1.2 million exported to more than 100 countries — as well as 4.6 million engines and gearboxes. Supported by nearly 300 local suppliers, the plant has an annual production capacity of more than 400,000 vehicles; it is currently using nearly 50% capacity. Going forward, the plant will continue to manufacture Nissan cars as well as have some 'kind of contract manufacturing arrangement,' the company said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Renault expects the capacity utilization at the plant to improve as new models roll out of Oragadam for both Renault and Nissan. Currently dedicated to the CMF-A and CMF-A+ platforms, the Oragadam plant is preparing to host the group's new multi-energy modular platform, which will 'support the Renault brand's future models,' said the statement. The group is bullish on the local market's importance in its global strategy. 'Renault Group looks to India as a key driver of international expansion,' said the statement. This is part of a broader momentum, highlighted by the opening of Renault Group's largest design centre outside France, announced in April, and the launch of the new Triber — the first model in a product offensive that will include four new vehicles. Renault will both strengthen its sales in the Indian market and expand its exports. This is part of Renault brand's International Game Plan 2027. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
01-08-2025
- Automotive
- Time of India
Renault gains 100% ownership of Chennai plant after Nissan stake buyout
Renault Group has acquired Nissan's 51 per cent stake in their joint manufacturing facility in Chennai — Renault Nissan Automotive India Private Limited (RNAIPL) — becoming the sole owner of the plant. The move marks a significant step in Renault's global expansion strategy, aimed at strengthening its operations and exports from India. The company has also appointed Stéphane Deblaise as the new CEO of Renault Group in India, effective September 1, 2025, to lead its next phase of growth. India positioned as global export and innovation hub India, currently the world's third-largest automotive market, grew by 7 per cent in 2024 and is projected to expand by 3.5 per cent in 2025. Renault aims to make the country a central part of its global operations, backed by its industrial infrastructure and supplier network. With full ownership of the Chennai plant, Renault will fully consolidate the site into its financials. The facility has produced over 2.8 million vehicles and 4.6 million engines and gearboxes since its launch in 2010. Around 1.2 million of these vehicles have been exported to over 100 countries. The plant, supported by a supplier base of around 300 companies, has an annual production capacity of more than 400,000 units. Currently focused on the CMF-A and CMF-A+ platforms, the plant will also house Renault's new flexible, multi-energy platform to support future models. The company's product expansion begins with the launch of the new Renault Triber and will include four new vehicles. R&D and continued cooperation with Nissan Renault continues to operate a joint engineering centre with Nissan in India, playing a key role in developing models for both local and international markets. Under the new arrangement, the Chennai plant will also continue to produce Nissan models. François Provost, CEO of Renault Group, said, 'India is a key market for Renault Group. Over the past 14 years, we have successfully established the Renault brand thanks to our dedicated teams and partners, reaching peak sales of over 100,000 vehicles sold per year. India also plays a vital role in our global R&D footprint. With full ownership of our plant in Chennai, we now have all the means to accelerate in India. Stéphane Deblaise, with his strong international experience and deep knowledge across our entire value chain, is ideally positioned to design and implement our strategy in the region.' The company also recently announced the opening of its largest design centre outside France in India. Renault currently operates more than 350 sales outlets and 450 service points across the country.
NDTV
05-05-2025
- Automotive
- NDTV
Hyundai Creta To Face Tougher Competition; 3 New Rivals Launching Soon
Hyundai Creta has been one of the most selling cars in India, for two consecutive months now. The midsize SUV has been enjoying a segment leader in the market that has cut throat rivals like the Kia Seltos, Maruti Suzuki Brezza, Honda Elevate and more. Now, the new updates in the Indian automotive industry suggest that the Creta will get three new rivals by the year end. Nissan Midsize SUV Nissan has recently teased the video for its upcoming cars in India. One of the two cars is an SUV that will closely rival the Hyundai Creta. The Nissan SUV will be based on the CMF-A platform. Not much has been confirmed about the SUV, however it will get a 1.3L turbo-petrol engine, paired with a 7-speed dual-clutch automatic transmission that would be capable of churning out 154 hp of power and 250 Nm of torque. Nissan has not been vocal about the exact launch date, it is expected to break cover by the end of the year. Nissan's upcoming mid-size SUV Renault Duster Renault has been planning to launch the updated avatar of the Duster. As part of the Nissan-Renault alliance, the Duster and the Nissan SUV will share the CMF-A platform. Also, the new iteration of the Duster will be manufactured alongside the Nissan SUV at its Chennai plant. The brand has been tight-lipped about the specs and details of the car, however we know that the new Duster will borrow its design cues from the Nissan SUV. Maruti Suzuki SUV Maruti Suzuki is currently gearing up for the launch of the e-Vitara. Apart from the electric Vitara, Maruti is also planning to introduce a new SUV that gives a tough rivalry to the Hyundai Creta. The details of the upcoming Maruti SUV is unknown, while it is likely to borrow the inspiration from the Grand Vitara. The new Creta rival by Maruti Suzuki will be up for sale via Arena dealerships.
NDTV
04-05-2025
- Automotive
- NDTV
Nissan Teases Two New Upcoming Cars, Launching This Year
Nissan Motor India has now officially teased its upcoming cars for the market. The teaser hides much of the details of the SUV and the MPV, however we know that the C-segment SUV and the MPV will be based on the CMF-A platform, as like the Renault Duster and will be manufactured at the Renault-Nissan Alliance plant in Chennai. Also Read: Tata Altroz Facelift To Launch On May 22: 5 Things That Demand Attention Nissan had earlier confirmed the launch of two cars in India, slated in FY 25-26, and the new teaser, it is hinting that the Nissan prodigies are slotted for an unveiling soon. While the teaser video does not confirm the exact design of the cars, it does hints a few elements that are included on the outside. The Nissan SUV will get L-shaped LED Daytime Running Lights mated by a chrome strip. It gets a horizontally slatted grille flaunting the Nissan logo at the center, and chrome bars running across the grille. The upcoming SUV also gets reshaped front bumpers with thick C-shaped silver cladding and sleek headlights. Also, the MPV will feature big headlights with DRLs on either side of a massive grille. The bumper will also have a new appeal with C-shaped silver plates on the lower side. Also Read: What's Kia Carens Clavis? New Spy Shot Answers Question The engine and powertrain details of the CMF-A based Nissan SUV is not confirmed yet. However, it is likely to be powered by a 1.3L turbo-petrol engine, paired with a 7-speed dual-clutch automatic transmission that would be capable of churning out 154 hp of power and 250 Nm of torque. While, the upcoming Nissan MPV is likely to get a a 1.0-liter NA petrol engine. Also Read: The upcoming Nissan SUV will closely compete with other cars in the Indian market, like- Hyundai Creta, Maruti Suzuki Grand Vitara, Honda Elevate and more. Also, the brand is quite keen on updating its lineup with a new interaction of the Magnite and the X-trail.
