Renault

The former Nissan boss was under house arrest in Japan, but escaped.

Interpol has released a "Red Notice" on the arrest of former Nissan director.

The request was sent to Lebanon, where Carlos Ghosn fled, hiding from a court in Japan. Beirut's security services have said they have not yet provided the "red bulletin" to the judiciary.

Seven people were detained in Istanbul over aiding ex-Nisan CEO Carlos Ghosn's escape from Japan to Lebanon, according to security sources on Jan. 2.

Police squads detained the suspects; four pilots, two employees for a private ground service company and one operations director for a courier company, the sources said.

Italian-American carmaker Fiat Chrysler confirmed this morning that it is negotiating a merger with the French car group PSA, which owns Peugeot, France Press and DPA reported.

For the first time in Turkey, aluminum engine blocks will be manufactured at Renault, making it the only hybrid engine production facility in Europe, said the country's industry and technology minister on Oct. 23.

Japanese automotive giant Nissan has announced that Hiroto Saikawa has resigned as chief executive officer and president, effective September 16, the Associated Press reported.

Romania has sent to France and French investors a request for support for its accession to the visa-free Schengen area, which would lead to a substantial reduction in the costs on companies and citizens, Romanian Minister for Business, Trade and Entrepreneurship Stefan-Radu Oprea said Thursday.

More than 735,000 cars were produced in Turkey in the first half of 2019, according to the state of the industry report, quoted by Econ.bg

President Klaus Iohannis said on Friday at the Technical Center of the Dacia-Renault group at Titu (southern Dambovita County) that the transport infrastructure needs to be developed at a sustained pace.

Renault's new investment projects are "an important signal of confidence in the Romanian economy," Prime Minister Viorica Dancila told the opening on Friday of new Renault offices in Bucharest. "I welcome the new investment projects of your company. They are an important signal of confidence in the Romanian economy," she said. Dancila mentioned the development of the automotive industry.

The auto market continued its upward trend in May this year, reaching 11.6pct in the first five months, compared to the same period in 2018, according to a press release issued by the Association of Car Producers and Importers (APIA) on Tuesday for AGERPRES.