1 Third Supplement Dated 10 April 2019
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Groupe Renault Sets Its New Strategy for China
PRESS RELEASE Groupe Renault sets its new Strategy for China • Groupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV). • Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng Motor Corporation. DRAC will stop its Renault brand-related activities. • LCV business is operated through Renault Brilliance Jinbei Automotive Co., Ltd. (RBJAC), leveraging Jinbei legacy with Renault know-how. • EV business will be developed through the two existing joint ventures: eGT New Energy Automotive Co., Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. Ltd (JMEV). Boulogne-Billancourt, April 14th, 2020 - Groupe Renault unveiled today its new strategy for the Chinese Market, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). Within this new strategy, Groupe Renault activities in China will be driven as follow: About Chinese ICE Passenger Car Market Regarding ICE passenger car, Groupe Renault has entered into a preliminary agreement with Dongfeng Motor Corporation under which Renault transfers its shares to Dongfeng. DRAC will stop its Renault brand-related activities. Renault will continue to provide high quality aftersales service for its 300,000 customers through Renault dealers but also through Alliance synergies. Further development for Renault brand passenger cars will be detailed later within future new mid-term-plan Renault. Furthermore, Renault and Dongfeng will continue to cooperate with Nissan on new generation engines like components supply to DRAC and diesel license to Dongfeng Automobile Co., Ltd. Renault and Dongfeng will also engage in innovative cooperation in the field of intelligent connected vehicles. -
Thule Guide 2018 Roof Racks & Rear Door-Mounted Bike Racks
Thule Guide 2018 Roof Racks & Rear Door-mounted Bike Racks Online guide with the latest recommendations: www.thule.com/global/buyers-guide Content Roof Racks 3 How to buy a roof rack system 3 Roof Racks 4 Roof Rack Feet 6 How much can you carry? 7 Roof Rack Guide 8 Professional Racks 90 Professional Rack Guide 93 Rear Door-mounted Bike Racks 99 Rear Door-mounted Bike Rack Guide 101 Safety & Warranty 136 2 Roof Racks How to buy a roof rack system • Identify your car model and year RacksRoof • Identify your roof type 1 Roof rails 2 Normal roof 3 Fixed points 4 Flush rails 5 Rain gutters 6 T-track • Check your custom fit in this guide or at www.thule.com We are constantly fitting new vehicles. If you cannot find your vehicle model listed in this guide, please find the latest updates in the Buyer’s Guide atwww.thule.com . Thule One-Key System Make life easier and save yourself the trouble of keeping track of different sets of keys for your roof rack, ski rack, bike rack or roof box. Exchange the lock cylinders in all your Thule products and use the same key for all. Simply ask for Thule One-Key System! SPECIFICATIONS Available in four versions: 4 locks (544), 6 locks (596), 8 locks (588) and 12 locks (452). 3 Roof Racks Thule WingBar Edge Thule WingBar Edge has a low profile that perfectly complements the car’s roofline. The advanced aerodynamic shape combined with TrailEdge and WindDiffuser minimizes noise and improves fuel efficiency. -
BYD T3 Tracked
Motorist Pte Ltd Biz Reg No: 201526519Z 71 Ubi Crescent #04-09 Excalibur Center S(408571) Tel: 6589 8800 | Fax: 6589 8811 Email: [email protected] | Website: www.motorist.sg mReview: The T3, A Pure Electric Van by BYD In this episode of mReview, we take a look at something more peculiar in the electric automotive scene, a pure electric van from Chinese manufacturer BYD . There has been an unprecedented rise in Electric Vehicles (EV) lately. Traditional automotive makers around the world, like BMW, Nissan and even Porsche, are scrambling to capture this market share. In the recent Budget 2020 announcement by Deputy Prime Minister Heng Swee Keat, Internal Combustion Engines (ICE) will be phased out in Singapore by 2040, as part of the nation’s efforts to combat climate change. To support our government’s green initiative, we will be taking a look at a type of vehicle that most people will rarely associate with EV technology – a van. Taking inspiration from the Terminator movie franchise, it is called ‘T3’, and it is made by Chinese manufacturers BYD, which is an abbreviation for “Build Your Dreams”. The company is based in Shenzhen China and is distributed in Singapore by the Land Systems sector of ST Engineering. Motorist Pte Ltd Biz Reg No: 201526519Z 71 Ubi Crescent #04-09 Excalibur Center S(408571) Tel: 6589 8800 | Fax: 6589 8811 Email: [email protected] | Website: www.motorist.sg Safe, dependable, eco-friendly (it produces zero emissions!), the T3 could be a viable choice if you are looking for a Cat C vehicle for your delivery needs. -
25Th International Colloquim of Gerpisa Revolutions New
25th International Colloquim of Gerpisa Revolutions New Technologies and services in the automotive industry 14-16 june 2017 ENS Cachan, Paris. Electric vehicle platform strategies by Chinese automakers: what's going on on EV arena in China? Sergio Muñiz & Bruce Belzowski Electric Vehicle Platform Strategies by Chinese Automakers: What’s Going On EV Arena In China? Presentation for the 25th Gerpisa International Colloquium 2017 - Paris (Cachan): R/Evolutions. New technologies and services in the automotive industry BRUCE M. BELZOWSKI SERGIO TADEU GONÇALVES MUNIZ CAMILLE CU Belzowski, Bruce; Muniz, Sergio; Cu, Camille. - Electric Vehicle Platform Strategies by Chinese Automakers: What’s Going On EV Arena In China? THE AUTHORS: Bruce M. Belzowski Managing Director of University of Michigan Transportation Research Institute (UMTRI) Automotive Futures Group. Sergio Tadeu Gonçalves Muniz Associate Professor - Federal University of Technology - Paraná (UTFPR), Brazil and was visiting researcher at University of Michigan Transportation Research Institute (UMTRI), Automotive Futures Group. Camille Cu Undergraduate Student at University of Michigan. UMTRI Automotive Futures Assistant in Research. Belzowski, Bruce; Muniz, Sergio; Cu, Camille. - Electric Vehicle Platform Strategies by Chinese Automakers: What’s Going On EV Arena In China? Chinese market In the EV market, more than 95% of the market are dominated by domestic brands: the price and government subsidies are crucial. China electric vehicle industry: 200+ carmakers, with currently about 4,000 new energy vehicle (NEV) models in development. China became the world’s leading automotive market in 2009. China surpassed the U.S. in 2015 to become the world’s biggest market for New Energy Vehicles (NEVs): comprising PHEVs, BEVs, FCEVs Great Potential: in United States: 0.8 vehicles/resident; in China: 0.1 vehicles/resident. -
Groupe Renault and Jmcg Officially Establish a Joint Venture for Electric Vehicles in China
PRESS RELEASE 20190717 GROUPE RENAULT AND JMCG OFFICIALLY ESTABLISH A JOINT VENTURE FOR ELECTRIC VEHICLES IN CHINA • Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake. BoulogneBillancourt, July 17, 2019 – Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture to further promote the development of the EV industry in China, following a first agreement on December 20, 2018. Groupe Renault will increase its share capital by RMB 1 billion (about 128.5 million euros) to become a major shareholder of JMEV with a 50% stake. JMEV has already completed business license registration. This cooperation is part of the overall strategy of JMCG and Groupe Renault. Through this joint venture, Groupe Renault will be able to expand its influence in China’s electric vehicle market, while JMCG will be able to integrate and leverage more resources, which will promote its rapid growth in the future. China is a key market for Groupe Renault. This partnership in electric vehicle business with JMCG will support our growth plan in China and our EV capabilities. As a pioneer and leader in the European EV market for 10 years, we will capitalize on our experience in EV R&D, production, sales and services, said Mr. Francois Provost, Senior Vice President, Chairman of China Region, Groupe Renault. Adhering to the concept of openness and cooperation, JMCG is one of the first domestic enterprises to introduce international strategic partners. By partnering with Groupe Renault, JMEV will be able to elevate its comprehensive competitiveness to a new level and penetrate into China’s electric vehicle market, said Mr. -
Earnings Report Year 2015
EARNINGS REPORT YEAR 2015 GROUPE RENAULT EARNINGS REPORT - Year 2015 IN BRIEF 1 1. SALES PERFORMANCE 3 OVERVIEW 3 1.1. AUTOMOTIVE 4 1.1.1. Group registrations worldwide by Region 4 1.1.2. Group registrations by brand and by type 5 1.2. SALES FINANCING 6 1.2.1. New financing and services 6 1.2.2. RCI Banque penetration rate on new vehicle registrations 6 1.2.3. International development and new activities 7 1.3. REGISTRATIONS AND PRODUCTION STATISTICS 8 2. FINANCIAL RESULTS 13 SUMMARY 13 2.1. COMMENTS ON THE FINANCIAL RESULTS 13 2.1.1. Consolidated income statement 13 2.1.2. Automotive operational free cash flow 15 2.1.3. Automotive net cash position at December 31, 2015 16 2.2. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 17 2.2.1. Consolidated income statement 18 2.2.2. Consolidated comprehensive income 19 2.2.3. Consolidated financial position 20 2.2.4. Changes in shareholders’ equity 21 2.2.5. Consolidated cash flows 22 2.2.6. Information on operating segments and regions 23 3. FINANCIAL INFORMATION ON THE ALLIANCE 29 In brief IN BRIEF KEY FIGURES 2015 2014 Change Worldwide Group registrations million vehicles 2.80 2.71 +3.3% Group revenues € million 45,327 41,055 +10.4% Group operating profit € million 2,320 1,609 +711 % revenues 5.1% 3.9% +1.2 pts Group Operating income € million 2,121 1,105 +1,016 Contribution from associated companies € million 1,371 1,362 +9 o/w Nissan 1,976 1,559 +417 o/w AVTOVAZ -620 -182 -438 Net income € million 2,960 1,998 +962 Net income, Group share € million 2,823 1,890 +933 Earnings per share € 10.35 6.92 3.43 Automotive operational free cash flow (1) € million 1,033 1,083 -50 Automotive net cash position € million 2,661 2,104 +557 Sales Financing, average loans outstanding € billion 28.2 25.4 +11.0% (1) Automotive operational free cash flow: cash flows (excluding dividends received from publicly listed companies) minus tangible and intangible investments net of disposals +/- change in the working capital requirement. -
2018–2019 Annual Report
LIVING THE FUTURE OF MOBILITY 2018–2019 TODAY ANNUAL REPORT Messages from the Chairman and the Chief Executive Officer 02 The all-new Clio, carrying the genes of the future 06 — A leader in electric mobility 08 — Smart island ecosystems 10 — Benefiting mobility 12 — On the road to autonomy 14 — A robo-vehicle trilogy 16 — Conquering new horizons 18 — Manufacturing enters a new era 20 — Committed to solidarity 22 — A passion for sport and excellence 24 — A new face for the Alliance 26 — or 120 years, our cars have been all about passion, invent- iveness and affordability. Today, we are continuing this success story around the world, offering improved perform- ance and innovative concepts, together with a genuine Freinvention of mobility. From smart islands and spectacular advances in autonomous and electric vehicles to the wildest concept cars, we are setting the stage for a new era of shared and sustainable mobility. Our customers have high expectations and we develop bold solutions, producing smart and safe vehicles that evoke fresh emotions and deliver unique experiences. With this same objective in view, we are stepping up our efforts across all the key areas of our DRIVE THE FUTURE strategic plan for 2022. Alongside our partners, we are also reiterating our commitment to the goals of the world’s largest automotive alliance, which celebrates its 20th anniversary this year. GROUPE RENAULT - 01 In the past year, Renault demonstrated its resilience and strength in the face of obstacles. I am especially proud to have joined this Group at a defining moment in its history. -
2019 Annual Report.Pdf
HEV TCP Buchcover2019_EINZELN_zw.indd 1 15.04.19 11:45 International Energy Agency Technology Collaboration Programme on Hybrid and Electric Vehicles (HEV TCP) Hybrid and Electric Vehicles The Electric Drive Hauls May 2019 www.ieahev.org Implementing Agreement for Co-operation on Hybrid and Electric Vehicle Technologies and Programmes (HEV TCP) is an international membership group formed to produce and disseminate balanced, objective information about advanced electric, hybrid, and fuel cell vehicles. It enables member countries to discuss their respective needs, share key information, and learn from an ever-growing pool of experience from the development and deployment of hybrid and electric vehicles. The TCP on Hybrid and Electric Vehicles (HEV TCP) is organised under the auspices of the International Energy Agency (IEA) but is functionally and legally autonomous. Views, findings and publications of the HEV TCP do not necessarily represent the views or policies of the IEA Secretariat or its individual member countries. Cover Photo: Scania’s El Camino truck developed for trials on three e-highway demonstration sites on public roads in Germany. The truck is equipped with pantograph power collectors, developed by Siemens and constructed to use e-highway infrastructure with electric power supplied from overhead lines. (Image Courtesy: Scania) The Electric Drive Hauls Cover Designer: Anita Theel ii International Energy Agency Technology Collaboration Programme on Hybrid and Electric Vehicles (HEV TCP) Annual Report Prepared by the Executive -
From the Logan to the Kwid: the Renault's Entry Strategy
From the Logan to the Kwid: The Renault's Entry strategy Bernard Jullien, Yannick Lung & Christophe Midler 25th GERPISA International Colloquium, ENS Cachan, Paris, 14 June 2017 From the Logan to the Entry Range In 1998, Louis Schweitzer, CEO of Renault, launched the idea of a $/€5000 car (X90 project) In 1999, Renault bought the Romanian carmaker Dacia … Logan’s production begun in Romania (Pitesti) in 2004 Initially designed for CEEC, the car has a great success in European market and in Emerging countries A complete range is progressively developed: Logan (hatchback, MCV, pick-up, and commercial version), Sandero (including Steepway), Duster (Oroch pickup), Lodgy and Dokker Entry , key for Renault internationalization Entry range became central for Renault-Dacia-Samsung group Unit: 000s vehicles Renault-Dacia-Samsung sales in 2016 (passenger cars) Total sales: 2.75 millions Entry & SubEntry: 1.25 millions (45.3%) Source: Atlas Renault 2016 Entry range is at the core of Renault products in emerging countries (except Slovenia and Turkey: in 2017, itsmodels are assembled in 10 different countries, 12 assembly plants on 4 continents 3 Kwid, the Sub Entry segment Carlos Ghosn (CEO) aims in 2010: increase the Alliance Renault-Nissan up to 10% of the world car sales, being more aggressive on emerging markets To propose a modern car to the buyers of new cars A global platform (a set of modules: CMF-A Common Module Family) to derive new models Renault Datsun (Nissan) 4 Renault Kwid and its sister Datsun Redi-GO Starting Price in India: 3670€ Starting Price in India: 3340€ About the methodology A comparative approach based on a double survey carried out by the authors for a decade. -
Living the Future of Mobility Today
LIVING THE FUTURE OF MOBILITY 2 0 1 8 – 2 0 1 9 TODAY A N N U A L R E P O R T Messages f ro m t he C ha irma n a nd t he Chief Exec ut iv e Of f ice r 0 2 T he a ll-new C lio , ca rry ing t he ge nes of t he f ut ure 0 6 — A leade r in e lect ric mo bilit y 0 8 — S ma rt is la nd ecosy st e ms 10 — Be nef it ing mo bilit y 12 — O n t he road t o a ut o no my 14 — A ro bo -v e hic le t rilogy 16 — Co nque ring new ho rizo ns 18 — Ma nuf act uring e nt e rs a new e ra 2 0 — Co mmit t ed t o so lida rit y 2 2 — A pass io n f o r s po rt a nd exce lle nce 24 — A new f ace f o r t he A llia nce 26 — or 120 years, our cars have been all about passion, invent- iveness and affordability. Today, we are continuing this success story around the world, offering improved perform- ance and innovative concepts, together with a genuine Freinvention of mobility. From smart islands and spectacular advances in autonomous and electric vehicles to the wildest concept cars, we are setting the stage for a new era of shared and sustainable mobility. Our customers have high expectations and we develop bold solutions, producing smart and safe vehicles that evoke fresh emotions and deliver unique experiences. -
Heuliez 1/2 Hor Non
◆ AUGUST 8, 2005 AUTOMOTIVE NEWS EUROPE 17 ◆ Suppliers to the new Renault Clio 3 Renault’s third-generation Clio was developed in 28 months, compared and alliance partner Nissan. Renault’s chassis subsidiary, Auto Chassis duction peak. SAS Automotive Systems, a Siemens VDO and Faurecia with 49 months for the current Clio, which is the shortest development International, supplies front and rear corner modules, and assembled joint venture, builds the complete cockpit for the Clio. Last year SAS built cycle to date for a Renault vehicle. The Clio shares 20 percent of its rear axles. TRW Automotive supplies the electric power steering and rear 3.26 million cockpit modules, making it the global leader with around 30 listed parts with the Modus. Like the Modus – and the Nissan Micra and brake calipers for all Renault/Nissan B platform vehicles globally. Total percent of the total outsourced market for cockpits. Cube – the new Clio is based on the B platform developed by Renault annual volumes of B platform vehicles should be around 1 million at pro- – Alex Graham STEEL INNER INTERIOR CLEARCOAT: PANORAMIC SEATING COCKPIT: STEERING INSTRUMENT INSULATION PANEL FRONT STABILIZER A/C COMPRESSOR: TIMING BELTS: ELECTRIC POWER BODY PARTS: LIGHTING: BASF SUNROOF: SYSTEM: SAS AUTOMOTIVE WHEEL COVER: PANEL: DASH INNER: BARS: SANDEN GATES STEERING: CORUS CML INNOVATIVE WEBASTO JOHNSON SYSTEMS COLLINS & FAURECIA, CARCOUSTICS ALLEVARD REJNA TRW TECHNOLOGIES CONTROLS AIKMAN VISTEON HOODLINER: RIETER GLASS BONDING: DOW VALVE SPRINGS: REAR WINDOWS: MUBEA PILKINGTON -
Lessons Learned from the Kwid, Renault-Nissan's Indian
Guest Speaker Discussion Series n n n February 13th, 2017 Daring to be simple: lessons learned from the Kwid, Renault-Nissan’s indian car by n Gérard Detourbet n Global Vice-President, Alliance A-Segment Development Unit Director, Renault-Nissan Alliance n Christophe Midler n CNRS, research director (CRG I3); Professor, École polytechnique; Co-author, ‘Rethinking Innovation and Design for Emerging Markets: Inside the Renault Kwid Project’ n Yves Doz n Professor, Strategic management, INSEAD Overview It is often assumed that innovation involves sophisticated products or specialised technologies, and that it emerges in developed countries before being modified and spreading to developing countries. Renault’s car, the Kwid, turns this premise on its head. The Kwid had to be designed and manufactured in India by Indians in order to compete with the cheapest models in the market, and in so doing it rewrote the rules. It had to have an attractive design, but the technical choices made had to be the least expensive. The simplest solutions had to be found, even with respect to the smallest details, and often this meant lowering standards. Imposing such radical ideas on the parent companies required the skill of a charismatic project manager and a very reactive organisation. This experience may be too specific to be able to set a precedent unless it can produce a strategy for global businesses based on the requirements for emerging markets to invent cost-saving solutions which can then be spread throughout the world. Report by Sophie Jacolin • Translation by Rachel Marlin The ‘Association des Amis de l’École de Paris du management’ organises discussions and distributes the minutes, these are the sole property of their authors.The Association can also distribute the comments arising from these documents.