Latest news with #Renault-built
Yahoo
21-05-2025
- Automotive
- Yahoo
Renault proposes technology sharing to boost vehicle output
Renault, the French automaker, is open to sharing its technology with other car manufacturers, reported Reuters. This technology sharing initiative is aimed at increasing the total production of vehicles with shared features, making them more cost-effective, according to CEO Luca De Meo. Despite a recent unsuccessful attempt to collaborate with Germany's Volkswagen, De Meo affirmed Renault's commitment to cooperation. "We remain fully open," he stated during a parliamentary hearing in Rome. Over the years, Renault has collaborated with several rivals, including Mercedes and Fiat, in specific market areas. Last year, they initiated discussions with Volkswagen to jointly develop an affordable electric version (EV) of the Renault Twingo small car. However, the talks were ended after a few months. De Meo highlighted the potential benefits of sharing technologies, particularly in the sectors of small cars and commercial vehicles. These sectors typically require substantial investments for small returns. "These normally require huge investments for small margins," he explained. In a joint appearance with Stellantis chairman John Elkann last week, De Meo revealed that Renault was not profiting from some small cars. He added that between 2015 and 2030, regulations will increase the cost of a medium-sized Renault-built car by 20% and for small cars by 40%. In another development, Renault unveiled 4 Savane 4x4 Concept at the Roland-Garros French Open tennis tournament. The new Savane concept comes with ground clearance that is 15mm higher than the standard Renault 4 E-Tech electric. It also features a second electric motor on the rear axle for permanently available all-wheel drive. "Renault proposes technology sharing to boost vehicle output – report" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TimesLIVE
20-05-2025
- Automotive
- TimesLIVE
Renault still open to supply technology to rivals to make cars cheaper
French carmaker Renault is willing to supply technology to other carmakers to help increase the output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday. De Meo, an Italian, told a parliamentary hearing in Rome Renault was not discouraged by its recent failed attempt to co-operate with Germany's Volkswagen. 'We remain open,' he said. Renault, which over the years has co-operated in specific areas of the market with several of its rivals including Mercedes and Fiat, last year started discussions with Volkswagen over a plan to jointly develop an affordable electric version of the Renault Twingo small car. Europe's largest carmaker walked away from talks after a few months. De Meo said on Tuesday sharing technologies — including platforms, the architectures that can underpin several different models — could prove particularly useful in the areas of small cars and commercial vehicles. 'These normally require huge investments for small margins,' he said. Last week, in a joint appearance with Stellantis chair John Elkann, De Meo said Renault was not making money on some small cars, adding that between 2015 and 2030 regulations will increase the cost of a medium-sized Renault-built car by 20% and for small cars by 40%.
Yahoo
20-05-2025
- Automotive
- Yahoo
Renault still open to supply technology to rivals to make cars cheaper, CEO says
MILAN (Reuters) -French automaker Renault is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday. De Meo, an Italian national, told a parliamentary hearing in Rome that Renault was not discouraged by its recent failed attempt to cooperate with Germany's Volkswagen. "We remain fully open," he said. Renault, which over the years has cooperated in specific areas of the market with several of its rivals, including Mercedes and Fiat, last year started discussions with Volkswagen over a plan to jointly develop an affordable electric version (EV) of the Renault Twingo small car. Europe's largest automaker walked away from talks after a few months. De Meo said on Tuesday that sharing technologies - including platforms, the architectures that can underpin several different models - could prove particularly useful in the areas of small cars and commercial vehicles. "These normally require huge investments for small margins," he said. Last week, in a joint appearance with Stellantis Chairman John Elkann, De Meo said Renault was not making money on some small cars, adding that between 2015 and 2030 regulations will increase the cost of a medium-sized Renault-built car by 20% and for small cars by 40%. Sign in to access your portfolio
Yahoo
20-05-2025
- Automotive
- Yahoo
Renault still open to supply technology to rivals to make cars cheaper, CEO says
MILAN (Reuters) -French automaker Renault is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday. De Meo, an Italian national, told a parliamentary hearing in Rome that Renault was not discouraged by its recent failed attempt to cooperate with Germany's Volkswagen. "We remain fully open," he said. Renault, which over the years has cooperated in specific areas of the market with several of its rivals, including Mercedes and Fiat, last year started discussions with Volkswagen over a plan to jointly develop an affordable electric version (EV) of the Renault Twingo small car. Europe's largest automaker walked away from talks after a few months. De Meo said on Tuesday that sharing technologies - including platforms, the architectures that can underpin several different models - could prove particularly useful in the areas of small cars and commercial vehicles. "These normally require huge investments for small margins," he said. Last week, in a joint appearance with Stellantis Chairman John Elkann, De Meo said Renault was not making money on some small cars, adding that between 2015 and 2030 regulations will increase the cost of a medium-sized Renault-built car by 20% and for small cars by 40%.
Reuters
20-05-2025
- Automotive
- Reuters
Renault still open to supply technology to rivals to make cars cheaper, CEO says
MILAN, May 20 (Reuters) - French automaker Renault ( opens new tab is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday. De Meo, an Italian national, told a parliamentary hearing in Rome that Renault was not discouraged by its recent failed attempt to cooperate with Germany's Volkswagen ( opens new tab. "We remain fully open," he said. Renault, which over the years has cooperated in specific areas of the market with several of its rivals, including Mercedes ( opens new tab and Fiat, last year started discussions with Volkswagen over a plan to jointly develop an affordable electric version (EV) of the Renault Twingo small car. Europe's largest automaker walked away from talks after a few months. De Meo said on Tuesday that sharing technologies - including platforms, the architectures that can underpin several different models - could prove particularly useful in the areas of small cars and commercial vehicles. "These normally require huge investments for small margins," he said. Last week, in a joint appearance with Stellantis ( opens new tab Chairman John Elkann, De Meo said Renault was not making money on some small cars, adding that between 2015 and 2030 regulations will increase the cost of a medium-sized Renault-built car by 20% and for small cars by 40%.
