1920 renault type eu coup de ville(US $49,500.00)
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VW and Renault end talks to develop affordable EV, sources say
Fri, May 17 2024PARIS/BERLIN – Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo subcompact car, three sources familiar with the situation said, in a setback for the EU carmakers' efforts to fend off Chinese rivals. The collapse of negotiations could mean the German carmaker may have to go it alone in developing its own affordable EV. Renault will continue designing its electric Twingo, scheduled to hit the market in 2026. Both had hoped that sharing the work would cut costs that represent a key hurdle for European carmakers in the face of cheaper cars from China. Volkswagen broke off discussions mainly because Renault had wanted to build the car in one of its plants at a time when VW is seeking to fully utilize its European production network, one of the sources said. Ampere, Renault's EV operation overseeing the Twingo program, declined to comment. A spokesperson for Volkswagen also declined to comment on the talks between the companies but said that the German carmaker was still studying its options on cheap EVs. The companies "did not succeed in finding an agreement" after several months of negotiations, one of the sources said. Another source said that an agreement had been very close, but that VW walked away from the talks and has decided to develop its own car. The sources declined to be named because the talks are confidential. VW sources said a decision on the EV plan is expected within weeks. Thomas Schaefer, CEO of the Volkswagen brand, has said he wants to launch a lower-priced EV by 2027. The second source said Renault would continue work on the Twingo without VW, but also remained open to other partners, for instance from the alliance with Nissan and Mitsubishi. It is also a blow for Renault CEO Luca de Meo's hopes for greater cooperation between European carmakers against their Chinese competitors, akin to Airbus which has stakeholders and operations across European countries. The VW-Renault tie-up for the Twingo could have formed the "basis" of an Airbus for autos, the second source said. China's automakers, the world's top EV producers, are making fast inroads in the European market, pressuring incumbents like Renault and VW to cut costs and speed up the time it takes to bring a new model to market. European automakers are aiming to produce smaller EVs that sell below 20,000 euros ($21,686) to help them compete with Chinese brands like BYD.
Scrapyard Gem: 2007 Renault Megane Coupe Cabriolet
Fri, Apr 5 2024During the first decade of our current century, plenty of European car shoppers fell hard for hardtop convertibles based on cheap compact cars. That means that those cars are now easy to find in the scrapyards of the United Kingdom, so I headed over to northern England to document some of them. We've taken a look at a 2006 Peugeot 307 CC and a 2005 Vauxhall Tigra TwinTop from that trip, and now it's the turn of the open-air Renault Megane . The Megane first hit showrooms as a 1996 model, with the first generation based on the platform of the Renault 19. For the second-generation Megane II, which debuted as a 2003 model, the same Renault-Nissan platform that underpinned the Sentra and Rogue was used. The Coupe Cabriolet version of the Megane II shared just a few of its front body components with its hatchback sibling. The rear half looked so good that BYD copied it for its S8 convertible, which got a snout lifted from the Mercedes-Benz CLK-Class for good measure. Power for the 2007 Megane came from a wide variety of straight-four engines driving the front wheels. There were petrol engines ranging from 1.4 liters to 2.0 liters of displacement and diesels of 1.5 through 2.0 liters. This car has the 1.6-liter petrol engine, rated at 116 horsepower. The transmission is a five-speed manual. Six-speed manuals and four-speed automatics were available as well. When Copart (owner of the U-Pull-It yard in York) tried to sell this car at auction, it had 84,989 miles on the odometer and a bit of not-so-severe rear body damage. The interior looked nice at that time. The front body components were in great shape, so scrapyard shoppers bought many of them. You'll find one in every car, even in England. The Car-Freshner tree-shaped air freshener line is a bit different on the other side of the Atlantic; English-speaking regions mostly get Little Trees, areas with Latin-derived languages usually get Arbres Magiques and residents of areas that use Germanic and Scandinavian tongues (besides English) plus Slavic and Baltic languages tend to have access to Wunder-Baums. Even with the top up, there's still a big moonroof.
Scrapyard Gem: 2010 Renault Modus Dynamique
Sun, Mar 17 2024YORK, England — Car shoppers in the United States haven't been able to buy new French cars since the final Renault/Eagle Medallions were sold in 1989, which means I had to go across the Atlantic to find junkyards scrapyards (as they call them here) with plenty of Citroens, Renaults and Peugeots in stock (though I do find the occasional Mexican-market French machine in the car graveyards of Colorado). From the same U-Pull-It in York, England, that brought us the Peugeot 307 CC awhile back, here's a tiny-yet-spacious tall hatchback that was forcibly retired at age 14. The Modus was built for the 2005 through 2012 model years, and it was at heart a taller version of the same-generation Renault Clio. It lived on the same Renault-Nissan platform as the Cube and Juke, which also makes it a cousin to the Leaf. This one has the 1.6-liter petrol engine, rated at 111 horsepower. It appears that the four-speed automatic transmission was mandatory with U.K.-market 2010 Moduses equipped with the 1.6 engine; a five-speed manual was standard equipment in cars with the 1.1-liter petrol-burner or the 1.5-liter diesel. The petrol/automatic combination is a rare one for European-market economy cars of this era. If you wanted a Modus with the eCO2 label, you couldn't get the 1.6 engine. The 2010 Modus for Great Britain came in two trim levels: Expression and Dynamique. This one is the latter type, which came with 16" alloy wheels, cruise control, "Luxe Carbon" upholstery and a better audio system. Despite scaling in at under 2,400 pounds, this car has an impressive amount of interior space. You can open the entire hatch or just the small access panel above the bumper. Why is it here? U-Pull-It says it came to them with front end damage and 90,027 miles on the odometer. Because used-car shoppers across the Channel don't want right-hand-drive cars, running British-market French economy cars sell for cheap. U-Pull-It had this runner parked outside with a GBP695 price tag and a not-too-scary MOT history, and I suspect they'd take less. The mini-MPV with the clever little boot-chute. The action never stops in the Modus-equipped workplace. Featured Gallery Junked 2010 Renault Modus Dynamique View 22 Photos Renault Automotive History Minivan/Van Economy Cars France french Junkyard Gems Junkyard Renault 2010s
Renault Scenic EV takes first place as (European) Car of the Year
Mon, Feb 26 2024The automobile awards season may not be over, but two of the more prestigious annual races came closer to a climax this week. One might need a scorecard to keep track. We’re focused here on two events: the World Car of 2024, now reduced to three finalists in six categories. Then thereÂ’s the Car of the Year, known in some quarters as the European Car of the Year. Except that the car doesnÂ’t have to be European to win, only sold there. Got that? Winners out of the way first: At the Geneva Motor Show on Monday, the Renault Scenic E-Tech all-electric has been voted Car of the Year 2024. The Scenic is a fairly compact, somewhat stylish SUV for Europe only, and is the seventh vehicle from the French brand to win the award. It sells in the United Kingdom for about $47,500. The other six finalists that had made the first cut of voting in November were the BMW 5 Series, BYD Seal, Kia EV9, Peugeot E-3008/3008, Toyota C-HR, and Volvo EX30. The trophy winner was chosen by a jury of 59 motoring journalists from 22 countries. Scenic came in first place with 329 points. The Seal was the first Chinese-made car to make this awardÂ’s shortlist; it finished sixth out of seven, just up from the Toyota. One judge explained his decision to grant the Seal zero votes. Writing in Top Gear, Paul Horrell wrote this entertaining critique: “It looks good and is well specified, so makes a strong market entry. The advanced electric system and cobalt-free battery are commendable too, and it's enjoyable enough to drive quickly. That's undermined by an agitated ride over bumps, and the logic of screens and switches is pretty eccentric.” Recapping the World Car of the Year 2024 update, the sponsors shared the stage at Geneva on Monday with the Europeans as well, although they revealed only the top three finalists in six categories. For the ultimate prize, they are the Kia EV9, the Volvo EX30 and the BYD Seal. The winners will be announced March 27 at the New York International Auto Show. Here's more on the World Car finalists. By the Numbers Geneva Motor Show New York Auto Show BMW Kia Toyota Volvo Peugeot Renault Green Automakers Best Cars
The Renault 5 E-Tech is a retro-electric hatchback with funky style and a nice price
Mon, Feb 26 2024The Renault 5 was a funky hatchback that sold for more than two decades, spawning several variants, including the iconic Renault 5 Turbo. Though it hasn’t been around for quite a while, itÂ’s getting a futuristic glow-up, returning as an electric hatchback with retro-inspired design elements. The automaker plans to put the new car on sale soon with a super-reasonable ˆ25,000 price ($27,134 at todayÂ’s exchange rate). The Renault 5 E-Tech spent just three years in development, compared to the typical four-year cycle. ItÂ’s also strikingly similar to the concept car, which rarely happens in the auto industry, though Renault is well-known for some of the most exciting designs ever to hit the streets. The unique exterior design is meant to evoke memories of the original Renault 5 while modernizing the look for a younger, modern audience. It welcomes the driver with an animated light sequence, and the “pupil” LED headlights appear to be winking. The automaker said it shaped the car for maximum aerodynamic efficiency, including special glass panels to help air flow more smoothly over the taillights. Inside, the car offers a 10.1-inch touchscreen, and the visual and sound experiences were developed with the Ircam Institute of MusicÂ’s Jean-Michel Jarre. He created the carÂ’s interior sounds, including chimes and warnings, and developed the exterior sounds that play at low speeds. The Renault 5 E-Tech is the first vehicle to ride on the new AmpR Small platform, which brings a long wheelbase and weight reduction features. It also enables AC bidirectional charging with vehicle-to-load and vehicle-to-grid functionalities. Renault said it envisions the car playing a role in the overall power grid, returning electricity when needed. It claims a range of 400km, or around 249 miles, and the automaker will offer three output levels: 110 kW (148 hp), 90 kW (121 hp), and 70 kW (94 hp).   Featured Gallery Renault 5 E-Turbo Design/Style Green Renault Hatchback Electric
Production Renault 4 EV caught testing in the snow
Thu, Feb 22 2024Renault is leaning hard into its historical catalog for its EV lineup. It already showed the concept for the 5, which looks as cubic as the old economy car of the same name (known as the LeCar in America), and prototypes look just like the show car. The same seems to be happening with the upcoming Renault 4. Its concept was shown a little more than a year ago in Paris, and these spy photos show that it's mostly sticking to the look. We say mostly, as there is one big change. The concept that previewed the 4 was called the 4EVER Trophy, and it has huge and wide fenders, plus was decked out with a roof rack and full size spare. It definitely seemed to lean into the 4's history of having competed in the Paris-Dakar Rally, where it actually took second (1979) and then third place (1980) in its class. This production-style prototype obviously ditches all of that. It looks much more narrow and road-oriented. But beyond that, the retro lines still shine through, particularly the distinctive greenhouse with the arched section incorporating the doors, and the rear quarter windows that angle down and forward. It has the same blunt, flat nose and horizontal hood as the concept and the original, and it looks like the LED interpretation of the round headlights sticks around, surrounded by the wide black panel to hark back to the original car's grille. The wheels are substantially toned down from the cyberpunk-style ones of the concept, but the split four-spoke layout still emphasizes the boxy nature of the car. The Renault 4 will be based on the CMF-BEV platform, also used by the Renault 5. While the production model will clearly be more modest than the concept, we could see Renault positioning the 4 as a more rugged alternative to the 5, possibly offering a trim with a bit more ground clearance, cladding and fender flares to appeal to the crossover crowd. Having a dual-motor all-wheel-drive version would seem reasonable, too. But Renault has been tight-lipped about specifications for any of these retro EVs so far, so this is all speculation. What's not speculation, is the fact that this won't be coming to America. But the CMF-BEV platform will be shared with Renault's corporate partners Nissan and Mitsubishi, so we could see those brands debut vehicles here with the same basic mechanicals someday. Related video: Featured Gallery Renault 4 EV spy shots View 12 Photos Green Renault Crossover Hatchback Electric
Stellantis not looking for further mergers, including with Renault
Mon, Feb 5 2024MILAN — Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation about a possible French-led tie-up with rival Renault. Elkann said that the Peugeot owner, the world's third largest carmaker by sales, was focused on the execution of its long-term business plan. "There is no plan under consideration regarding merger operations with other manufacturers," said Elkann, who also heads Exor, the Agnelli family holding company that is the largest single shareholder in Stellantis. After abandoning the Russian market, at the time its second largest after France, and reducing the scope of its global cooperation with Nissan, Renault has been seen as a potential M&A target. Speculation intensified after an electric vehicle market slowdown forced it last week to cancel IPO plans for its EV and software unit Ampere. Its market cap remains stubbornly low at little over 10 billion euros ($10.8 billion) despite a financial recovery over the past few years. Stellantis, the product of a 2021 merger between France's PSA and Fiat Chrysler and one of the most profitable groups in the industry, has a market cap of more than 85 billion euros when unlisted shares are factored in. It has a 14 brand portfolio also including Citroen, Jeep, Opel and Alfa Romeo. NEWSPAPER REPORT Italian daily Il Messaggero had said on Sunday that the French government, which is Renault's largest shareholder and also has a stake in Stellantis, was studying plans for a merger between the two groups. A spokeswoman for Renault said on Monday the group did not comment on rumors. France's Finance Ministry had declined to comment on Sunday. Stellantis has crossed swords with the Italian government, which has accused it of acting against the national interest on occasions. Industry Minister Adolfo Urso last week raised the prospect of the Italian government taking a stake in Stellantis to help to balance the French influence. Renault shares pared gains after Elkann's comments to stand 1.2% higher by 1220 GMT, having initially risen more than 4%. Stellantis CEO Carlos Tavares, a Portuguese-national, last week said in an interview with Bloomberg that the group was "ready for any kind of consolidation" and that its job was to make sure that it would be "one of the winners". Analysts, however, question the rationale of a Stellantis-Renault merger, which would also expand the group's excess capacity in Europe.
Drive like a prince: Join us for a walk through Monaco's car collection
Fri, Dec 29 2023Small, crowded, and a royal pain in the trunk lid to drive into during rush hour, Monaco sounds like an improbable location for a huge car museum. And yet, this tiny city-state has been closely linked to car culture for over a century. It hosts two major racing events every year, many of its residents would qualify for a frequent shopper card if Rolls-Royce issued one, and Prince Rainier III began assembling a collection of cars in the late 1950s. He opened his collection to the public in 1993 and the museum quickly turned into a popular tourist attraction. The collection continued to grow after his death in April 2005; it moved to a new facility located right on Hercules Port in July 2022. Monaco being Monaco, you'd expect to walk into a room full of the latest, shiniest, and most powerful supercars ever to shred a tire. That's not the case: while there is no shortage of high-horsepower machines, the first cars you see after paying ˆ10 (approximately $11) to get in are pre-war models. In that era, the template for the car as we know it in 2023 hadn't been created, so an eclectic assortment of expensive and dauntingly experimental machines roamed whatever roads were available to them. One is the Leyat Helica, which was built in France in 1921 with a 1.2-liter air-cooled flat-twin sourced from the world of aviation. Fittingly, the two-cylinder spun a massive, plane-like propeller. Government vehicles get a special spot in the museum. They range from a Cadillac Series 6700 with an amusing blend of period-correct French-market yellow headlights and massive fins to a 2011 Lexus LS 600h with a custom-made transparent roof panel that was built by Belgian coachbuilder Carat Duchatelet for Prince Albert II's wedding. Here's where it all gets a little weird: you've got a 1952 Austin FX3, a Ghia-bodied 1959 Fiat 500 Jolly, a 1960 BMW Isetta, and a 1971 Lotus Seven. That has to be someone's idea of a perfect four-car garage. One of the most significant cars in the collection lurks in the far corner of the main hall, which is located a level below the entrance. At first glance, it's a kitted-out Renault 4CV with auxiliary lights, a racing number on the front end, and a period-correct registration number issued in the Bouches-du-Rhone department of France. It doesn't look all that different than the later, unmodified 4CV parked right next to it. Here's what's special about it: this is one of the small handful of Type 1063 models built by Renault for competition.
Renault selling part of Nissan stake to partner for $824 million
Tue, Dec 12 2023Renault SA is selling around 5% of its stake in partner Nissan Motor Co., offloading the stock as part of a share buyback by the Japanese carmaker. The move follows last month’s finalization of a plan for Renault to reduce its interest in Nissan. The stake sale is valued at around ˆ765 million ($824 million), but will result in a capital loss of ˆ1.5 billion, the French company said Tuesday. Eventually, the two carmakers aim to equalize their cross-shareholdings at 15%, loosening the ties that kept them together in a carmaking alliance for two decades. The partnership between Nissan and Renault was jolted in 2018 by the arrest of Carlos Ghosn, chairman of both companies. Since then, they have drifted apart and are now charting separate paths. Given that NissanÂ’s shares are trading below the Tokyo Stock ExchangeÂ’s guideline of maintaining a price-to-book ratio above 1, the buyback will “help improve the situation,” said Bloomberg Intelligence analyst Tatsuo Yoshida. The cash will bolster Chief Executive Officer Luca de MeoÂ’s efforts to get Ampere, RenaultÂ’s electric-vehicle and software arm, going as he seeks to split off the unit and list it as a separate public entity as soon as April or May. Nissan has also agreed to invest in Ampere. Renault transferred its 28.4% stake in Nissan into a trust in early November to pave the way for a reduction of its holding. Even so, there will still be lock-up and standstill obligations. De Meo said last month that Renault would begin offloading the stake “very soon” in early 2024, so TuesdayÂ’s announcement was slightly earlier than anticipated. For Nissan, the buyback is well within the value of cash and equivalents, which stood at JPY1.6 trillion ($11 billion) yen at the end of September. Nissan said it will cancel all acquired shares. “ItÂ’s good news for the stock that Nissan will retire the equivalent of 5% of its outstanding shares,” Yoshida said. The Japanese carmaker is paying JPY568.5 for each share, the price at the close of trading in Tokyo on Tuesday. While NissanÂ’s stock has climbed 36% this year, itÂ’s at roughly half of its value from early 2017. Earnings/Financials Nissan Renault
Nissan, Mitsubishi confirm plans to invest in Renault EV unit Ampere
Wed, Dec 6 2023PARIS — Renault's longstanding alliance partners Nissan and Mitsubishi confirmed plans to invest in the French car maker's electric vehicle unit Ampere and use it to develop EVs for the European market, the companies said on Wednesday. After years of contentious partnership, the announcement on Wednesday confirms that the new alliance between the three automakers is smaller and more pragmatic, focusing on regional cooperation. Nissan and Mitsubishi confirmed they would invest respectively up to 600 million euros ($647.46 million) and 200 million euros in Ampere, which has been carved out from the rest of Renault and is due for a public listing next year. Nissan will become "a strategic investor" in Ampere, Makoto Uchida, CEO of the Japanese car marker told reporters, adding the company may use the EV unit's software and connectivity innovations in other markets outside Europe. "Developing electric vehicles all over the world alone would be very challenging," he said. Ampere will develop and manufacture an electric version of the compact Nissan Micra for the European market and a medium-sized electric SUV for Mitsubishi. Renault CEO Luca de Meo said Ampere will cut the costs for the Micra for Nissan by 50%. The alliance partners also confirmed their joint projects in Latin America and India. In September, Renault, Nissan and Mitsubishi ended their common purchasing agreement, which they said would allow them to focus on individual projects and adapt more quickly to regional differences in automotive markets. At the end of July, Renault and Nissan finalised the terms of a restructured alliance after months of negotiations. Talks dragged on for months longer than expected due in part to Nissan, which was concerned about protecting its intellectual property in future collaborations. Related video: Earnings/Financials Green Mitsubishi Nissan Renault Electric