Renault to produce cars in Iran
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French carmaker Renault sets up a joint venture with Iran to build 300,000 of its new 'no-frills' Logan model a year.
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The French car maker Renault will market an environmentally friendly version of the low-cost Logan produced by its Romanian subsidiary Dacia, the head of Renault's German unit said Thursday.
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Iran plans to privatize 47 firms in its  energy sector worth $90 billion and set up a holding company  for these assets which it will list on four international  exchanges, a National Iranian Oil Company (NIOC) executive  said.
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French automaker Renault-Nissan signed a preliminary agreement Monday to supply electrically powered vehicles to the Israeli market starting in 2011, the parties to the deal said Monday.
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French auto giant Renault SA said it will invest some 570 million dollars in South Korea over the next three years as part of its global strategy to become a key player in Asia.
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Formula One champion Jacques Villeneuve of Canada will drive for Renault for the final three races of this season. Villeneuve, who has not raced in Formula One this season, will debut for Renault this month at the Chinese Grand Prix in Shanghai.
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Nissan is set to unveil its new Qashqai model which it plans to produce in the UK, creating hundreds of jobs.
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LONDON: Canadian Jacques Villeneuve will race the last three Grands Prix of the season for Renault, the Formula One team said yesterday.
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PARIS, Sep 25 (IPS) - When French car company Renault SA and its Japanese  partner, Nissan Motor Co., announced their intention to build a  joint assembly plant in Tangier, Morocco at an estimated cost of  1 billion euros, it was a substantial enough investment to make  auto industry analysts take notice.
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In 1976, Renault Sport was established in Viry-ChÃ¢tillon 20km south of Paris. Since 1992, this factory has been Renaultâs F1 engine development arm.
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The fuel is ready for Iran's first atomic power plant being built by Russia and talks with Moscow to resolve a dispute that has held up work are moving forward, Iran's foreign minister said on Saturday.
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Venezuela has agreed to sell gasoline to Iran, which last week launched a delayed fuel rationing scheme, Venezuela's energy minister said in remarks published on Tuesday.
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Raising doubts about its commitment to dispel international distrust, Iran is producing significant quantities of a gas that can be used to make nuclear arms just days before it must stop all work related to uranium enrichment, diplomats said Friday.
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SEOUL - French carmaker Renault plans to invest 600 billion won ($573.1 million) in South Korea over the next three years, its chairman said on Tuesday.
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The board of French carmaker Renault   is ready to enter into exploratory alliance talks  with General Motors Corp  if such a proposal would come  from the U.S. carmaker, the company said in a statement.
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French automaker Renault has reported a nearly 15-percent slide in net 2006 earnings but said it was banking on emerging markets and new models in Europe to boost sales this year.
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Prospects that Carlos Ghosn could link   his Renault/Nissan alliance with a major U.S. partner to form a   carmaking juggernaut failed to strike fear into the hearts of   rival automakers at the Paris car show this week.