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Renault Group is achieving better margins on its compact electric R5 than larger models like the Megane or Scenic, CEO Francois Provost told French business daily Les Echos on Monday.
Renault is considering cutting 800 jobs in its engineering department in France by the end of 2027, the company's human resources chief for the country said on Wednesday.
| Automobiles Industry | Consumer Discretionary Sector | Francois Provost CEO | XDUS Exchange | US7596734035 ISIN |
| FR Country | 100,541 Employees | 7 May 2026 Last Dividend | - Last Split | - IPO Date |
Founded in 1898, Renault SA is a global player in the automobile industry, with its headquarters in Boulogne-Billancourt, France. The company has carved a niche for itself in designing, manufacturing, selling, and distributing vehicles worldwide. Renault SA operates through various segments, including Automotive, AVTOVAZ, Sales Financing, and Mobility Services. It showcases a diverse portfolio by offering vehicles under its native brands—Renault, Dacia, Renault Samsung Motors, Alpine, LADA, Jinbei & Huaasong, Eveasy, and también under the Nissan, Datsun, and Infiniti brands. Beyond its primary products, Renault SA extends its prowess to selling powertrains, used vehicles, and spare parts while providing a range of associated services that encompass financing, rental, maintenance, and service contracts to its global customer base.