Breadcrumb Home Business and Finance Automakers News Analysis Renault cedes power at Nissan for uncertain benefits Automakers BYD expects 2022 profit surge as sales jump Automakers Toyota keeps title as world's top-selling automaker Pay Renault will offer workers 7.5% pay increase Automakers Toyoda set to remain a force at Toyota, even as he bows out News Analysis Toyota's new CEO must navigate shift to clean energy Automakers Renault, Nissan said to plan new projects code-named 'reloaded' to reboot alliance Automakers UK makes fewest cars in 66 years amid chip crunch, plant closures Automakers Hyundai unveils $8.5B spending plan amid EV push On the Move Toyota taps Lexus head Koji Sato as new CEO; Akio Toyoda becomes chairman Load More Sign up for free newsletters Europe Breaking News Alerts (as needed) Europe Daily Summary (weekdays) The Long Read (monthly) Interview of the Month (monthly) Focus on Technology (monthly) Focus on Electrification (monthly) Supplier Spotlight (monthly) Cars & Concepts (monthly) Segment Analysis (monthly) Europe By The Numbers (monthly) EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.