Renault's decision to temporarily halt manufacturing came after a worldwide cyber attack that locked up computers in more than 150 countries, causing widespread disruption.
The Paris prosecutor has opened an investigation following the cyber attack, a judicial source told Reuters on Saturday. The probe covers "Renault and other possible victims," the source said.
Like many organisations, our UK plant was subject to a ransomware attack affecting some of our systems on Friday evening. Our teams are working to resolve the issue," said the spokesman.
The company will also launch hybrid version of its top end SUV XTrail by the end of this year as it looks to enhance portfolio in the fast growing SUV segment in India.
The comments were included in a dossier submitted last November by the finance ministry's DGCCRF anti-fraud body, the source said. The agency announced at the time it had found "suspected breaches" of French law by Renault, and prosecutors opened a formal investigation two months later.
Renault is riding high on the success of the Kwid, having easily pipped the 2016 sales target of 1 lakh units. The company has now launched the 'climber' variant of the hatchback for Rs 4,30,000 ex-showroom Delhi.
Christened as Kwid Climber, the variant will be available in both manual and automated manual transmission (AMT) modes.
Carlos Ghosn, Chairman at Renault and Nissan, said the Mitsubishi can be operated the way Renault-Nissan is being run today. He said synergies can still be driven while keeping Mitsubishi's autonomy and keeping it separate.
The academy will be operational from April 3, 2017 and will operate out of the Renault Design Studio in Chennai, a brand new facility fully-equipped for developing new vehicles.
Over the last few years, Renault has focused on establishing a strong base in India and has become one of the youngest and fastest growing automotive brands in the country, the company said in a statement.
"KWID has been a true game changer and volume driver for Renault India with more than 1.30 lakh cars sold so far", the company said in a statement.
Tata Motors will offer drivers and passengers a digital driving experience which will allow car owners advanced navigation, predictive maintenance and vehicle centric services, remote monitoring of car features, external mobile experiences and over the air updates.
Spain's auto component manufacturer Gestamp has invested around Rs 260 crore to set up a manufacturing plant in India.
Suzuki Motor Corporation‘s India outfit Maruti Suzuki which has a 50 per cent share in the domestic passenger vehicle market, will become the biggest beneficiary of this mega deal.
Competition in the passenger vehicle segment is said to heat up as South Korea's Kia Motors is likely to announce its entry into India by the end of this month, say sources.
Groupe Renault, which saw a record global sales of 31,82,625 units growing by 13.3 percent in 2016, posted sales growth of 145.6 percent in India last year.
After making merry in 2016 car makers ranging from budget king Maruti Suzuki to luxury leader Mercedes-Benz to sports car maker Porsche are leaving no stone unturned to lure new customers with a plethora of new launches.
Paris prosecutors are probing Renault over possible "cheating" in diesel emissions, sending the carmaker's shares sliding on the stock exchange.
French investigators will probe Renault over suspected "cheating" in emissions tests of diesel motors, the Paris prosecutors office said today, causing shares in the automaker to fall sharply.
French car major Renault plans to launch at least one new product every year in India till 2021, including vehicles in the high selling sub-four metre segment, even as it aims to get past 5 per cent market share in the domestic passenger vehicle category by the year-end.
Decoding the auto sector‘s performance in December, Nitesh Sharma of Phillip Capital said there was a sharp hit in demand in segments where the cash component of purchases is higher. Segments such as two-wheeler and SUVs saw a higher impact, he said.
Reflecting challenges faced by automobile industry in the wake of demonetisation, auto majors Hyundai Motor India, Mahindra & Mahindra and Ford India today reported decline in their domestic sales in December.
Everybody is now going for finance with very few choosing cheque or an online option. People are now scared that making any down payment, even if it is cheque, could attract scrutiny of the income tax department, says an auto dealer
French auto-maker Renault was 'on track' to reach its target of gaining five per cent market share in the domestic market by end 2017, a top official said.
Expect domestic business to be around 55 percent and international around 45 percent in FY18, said Ajith Rai, CMD, Suprajit Engineering.