Gilles Guillaume
Stories by Gilles Guillaume
Stellantis-Leapmotor JV receives green light from Chinese regulator: report
Stellantis announced last Oct. that it was buying a 21% stake in Leapmotor in a $1.6b deal.
Renault, Geely likely to forge engine tie-up by month-end
Saudi Aramco is set to announce the signing of a memorandum of understanding to invest in the venture.
Renault to sell 5% Nissan stake back to the Japanese group at $1.62b loss
Renault plans to reduce its Nissan stake to 15% from around 43%.
Renault had ‘friendly’ discussions with Chinese investment bank CICC
They reached a preliminary intention to jointly establish an investment fund.
Western car makers look to slash EV costs to fight Chinese onslaught
In 2022, Chinese car makers had a 9% share of Europe's EV market, nearly double the previous year's figure.