Renault

Carmaker Renault plans to produce new model cars at the Bursa plant with up to 400 million euros of investment together with its local partner Oyak.

The plan foresees the manufacturing of four new models by 2027, including three SUVs.

The sales of new cars in Bulgaria jumped by 15% for the first six months of the year, according to the registration data of the "Road Police". During the period, 20,675 cars and lightweight vehicles (categories M1 and N1) were bought. A year earlier, they were 17,506.

Renault was the top-selling brand in Türkiye's secondhand market last year, according to data from Quick Finans SmartIQ.

In 2022, a total of 3.35 million vehicles changed hands, of which 542,000 were Renault brand cars. Volkswagen came second at 457,000, followed by Fiat at 321,000.

Revoz, the Slovenian subsidiary of the French car maker Renault, expects this year's output to be on a par with last year's. The Novo Mesto plant scaled down production and staff in March of 2022 in response to disruption in supply and the general crisis related to the post-Covid transformation of the automotive industry.

New car sales in Slovenia fell by 14% last year after recovering by 3% in 2021 following a 27% drop in 2020, the year worst affected by Covid-19. Of the 46,339 cars registered in the country for the first time last year, 9,170 were electric vehicles, a rise of 12% on the year before, data from the Chamber of Commerce shows.

French carmaker Renault said yesterday that sales of its conventional and electrical vehicles fell in the first half of this year, impacted by the worldwide shortage of semiconductors.    

It said it sold 1,000,199 units in the first half of 2022, down 12 percent compared to the same period last year. 

The data for both years did not include sales in Russia.     

Fiat sold a total of 62,154 vehicles in the first six months of 2022, dominating the local market in terms of sales.

The carmaker sold more than 41,000 passenger cars and around 21,000 light commercial vehicles in January-June, according to data from the Automotive Distributors' Association (ODD).

Carmakers in Turkey may be forced to suspend production in May and June because of the supply problems that occur due to lockdowns China is imposing to bring the COVID outbreak under control.

French authorities have issued an international arrest warrant for disgraced former Nissan boss Carlos Ghosn, who has lived in Lebanon since his daring getaway from Japan in 2019.

Mitsubishi Motors will bolster its line-up in Europe through locally producing the new Colt model in Renault Group plants in the northwestern province of Bursa on the horizon of 2023.

Dialing up the alliance with the carmaker Mitsubishi, ​Renault Group announced a win-win strategy on April 5.