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French Government Sells $1.4 Billion Worth Of Renault Shares 7
Nov
Posted by Brad Anderson in France, nissan, renault, Reports on 11 7th, 2017


The French government has sold off a 4.7 per cent stake in Renault for 1.21 billion euros ($1.4 billion).

France had owned a 19.7 per cent stake in the local carmaker but this move reduces its stake to 15 per cent. In total, 14 million Renault shares have been sold, 1.4 million of which were purchased by the company and will be offered to employees.

French President Emmanuel Macron spearheaded the stake purchase in April 2015 as economy minister. Following his election as President, Marcon promised to reverse the move. It is hoped that doing so will ease tensions between the French government and Renault chief executive Carlos Ghosn.

The country increased its stake in Renault to secure double voting rights and to prevent Nissan from having a say in its alliance partner. Despite the sale of 4.7 per cent of its stake, France still remains Renault’s largest shareholder, slightly ahead of Nissan.

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Paris Seeking To Eliminate Diesel And Gasoline Vehicles By 2030 13
Oct
Posted by Michael Gauthier in diesel, Electric Vehicles, France, Reports on 10 13th, 2017


The streets of Paris could get a lot quieter as Mayor Anne Hidalgo is calling for the city to eliminate diesel and gasoline vehicles by 2030.
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Mini Blackfriars Edition Brings The Spirit Of London To France 11
Oct
Posted by Carscoops Staff in France, MINI, MINI Hatch, new cars on 10 11th, 2017


Mini is offering a new special edition model named after a district in London. Unfortunately, it's only available in France.
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France To Hit Supercars With Luxury Taxes 10
Oct
Posted by Brad Anderson in France, Reports on 10 10th, 2017


French President Emmanuel Macron is set to propose a tax which will affect supercars, luxury yachts, and precious metals.
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Renault Captur Gains Limited Iridium Edition But Only In France 21
Sep
Posted by Cristian Gnaticov in France, new cars, prices, renault, Renault Captur on 09 21st, 2017


The new Renault Captur Iridium is the first limited edition model of the facelifted version that debuted at the 2017 Geneva Motor Show, this spring.
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Sbarro’s Oddball Ferrari Tornado Concept Shows Up At Chantilly 16
Sep
Posted by Carscoops Staff in Chantilly, Ferrari, Ferrari 456, France on 09 16th, 2017


Even among Ferraris, some are more rare than others. Like this one that popped up at the Chantilly Arts & Elegance concours this past weekend in northern France.
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Ferrari 812 Superfast Kicks Off Its Tour de France In Cannes 14
Sep
Posted by Carscoops Staff in Ferrari, Ferrari 812 Superfast, France on 09 14th, 2017


Ferrari is in the midst of rolling out its new 812 Superfast in markets around the world. The latest is France, where the new front-engined V12 supercar made its national debut – in yellow, no less – at the glamorous Mediterranean coastal city of Cannes.
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French Manufacturer Bringing Its Autonomous Shuttles To North America 23
Jul
Posted by Brad Anderson in Autonomous, Electric Vehicles, France, Reports on 07 23rd, 2017


A French manufacturer of all-electric shuttles is planning to open its first North American production facility in Michigan.
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President Macron Gets A New Peugeot 5008 For Bastille Day 14
Jul
Posted by Carscoops Staff in France, PEUGEOT, Peugeot 5008 on 07 14th, 2017


Earlier this month, both Canada and the United States celebrated their respective independence days. Now it’s France’s turn.
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France Will Ban The Sale Of Petrol And Diesel Vehicles By 2040 6
Jul
Posted by Michael Gauthier in Electric Vehicles, France, Hybrids, Reports on 07 6th, 2017


France's environmental minister, Nicolas Hulot, has announced the country will ban the sale of petrol and diesel vehicles by 2040.
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VW’s French Division Fudged Delivery Figures For Years 4
Jul
Posted by Brad Anderson in France, Reports, VW on 07 4th, 2017


German publication Der Spiegel reports that Volkswagen’s French division reported false delivery figures for years in an effort to make its performances look better.
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Someone Finally Got Their McLaren 720S, Brought It To Monaco 15
Jun
Posted by Sergiu Tudose in France, mclaren, McLaren 720S on 06 15th, 2017


As McLaren's brand new Super Series model, the 720S is one of this year's big automotive debuts, and this one here should be one of the very first customer cars.
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Renault Megane Akaju Edition Moves Up Into Luxury Territory 6
Jun
Posted by Carscoops Staff in France, renault, Renault Megane on 06 6th, 2017


With no luxury brand of its own, Renault keeps pushing its core models further up-market – especially in its home market.
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Check Out The New French President’s Convertible DS 7 State Limousine 14
May
Posted by Carscoops Staff in DS, DS7 Crossback, featured, France, limo on 05 14th, 2017


The American president traditionally rides in a Cadillac or Lincoln limousine. In most other countries, they tend to use German or British cars, but chauffeuring their new president to his inauguration in either would be unthinkable for the French – who have their own automotive industry, merci beaucoup.
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Check Out The New French President’s Convertible DS 7 State Limousine 14
May
Posted by Carscoops Staff in DS, DS7 Crossback, featured, France, limo on 05 14th, 2017


The American president traditionally rides in a Cadillac or Lincoln limousine. In most other countries, they tend to use German or British cars, but chauffeuring their new president to his inauguration in either would be unthinkable for the French – who have their own automotive industry, merci beaucoup.
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