Renault President Jean-Dominic Screen will leave the Nissan Board of Directors in June 2025, reports USNews reference to Rossiskaya Gazeta. This was due to a deterioration in the financial indicators of Japanese anxiety.
According to the USNews broadcast, another representative of the French brand Pierre Flerio will leave the board of directors after Senar. This means that Renault will no longer participate in the administration of the Japanese partner who could once get closer to the collapse of the successful alliance.
It happened before that KnownJac Auto -Brand has suffered tremendous losses in China.
Thus, Jac and Volkswagen’s joint venture by China with 1.3 billion YUAN investments give the ID.UNYX model, which failed in the market.
In addition, a luxury sedan was hit by a financial blow by the Maextro S800 creation project. The creation of the platform was spent about 4 billion Yuan for the organization of 5.9 billion yuan and the organization of production processes. The S800’s output to the market should be closer to the summer at a price of approximately 1 million yuan. However, it is not clear whether the car is popular in the market.
According to the results of the 2024 JAC loss is 1.78 billion Yuan said.
Previously, the famous recar manufacturer announced Bankruptcy yourself.
What are you thinking?
Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.