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Gilles Guillaume

Stories by Gilles Guillaume

Deals

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.

Deals

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.

Deals

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%.

Deals

Renault had ‘friendly’ discussions with Chinese investment bank CICC

They reached a preliminary intention to jointly establish an investment fund.

Analysis

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.

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