Renault hires ex-Mercedes executive Katrin Adt to run Dacia brand
French carmaker Renault appointed former Mercedes-Benz vice president Katrin Adt as managing director of its low-cost Dacia brand, the company said on Monday, as it revamps its management team under new CEO Francois Provost.
Renault reports first half loss of 11.2 billion euros
Renault reported a first-half net loss attributable to the group of 11.19 billion euros ($12.78 billion) on Thursday, including a one-off 9.3 billion euros from writing down its investment in partner Nissan flagged earlier this month.
Renault second-quarter sales volumes flat on drop in demand for vans
Renault reported zero growth in second-quarter sales volume on Wednesday, after a plunge in demand for vans in Europe offset growth in passenger cars.
Renault shares dive after French automaker issues profit warning
Renault shares fell 16% on Wednesday after the French automaker issued a profit warning that will lead to job cuts.
Renault shares plunge 17% after French carmaker lowers guidance, appoints new interim CEO
Shares of French carmaker Renault fell as much as 17% on Wednesday after lowering its financial guidance. The company also named Duncan Minto as its new interim chief executive officer.
Renault shares tumble 16% after guidance cut, interim CEO appointment
Shares in Renault were down 16% at 0719 GMT after the French carmaker lowered its 2025 guidance and named finance chief Minto as an interim CEO.
Renault unit launches EV industry investment fund with Chinese partners
Renault's electric vehicle business Ampere signed a deal on Thursday with Chinese partners, including CICC Capital PE, in China's eastern city of Hangzhou to launch an EV industry investment fund.
Renault set to name interim CEO next week, FT reports
Renault will name an interim chief executive next week as it continues to search for a replacement for Luca de Meo, who is to leave the carmaker to head luxury group Kering, the Financial Times reported on Wednesday, citing people familiar with the matter.
Renault to Post $11B Losses After Nissan Stake Revaluation
RNLSY will post $11B loss after revaluing its Nissan stake, aiming to cut earnings volatility without altering its outlook.
Renault Leadership Vacuum, A Short-Term Headwind That Could Prove Challenging Long Term
Renault's financial performance and growth prospects have deteriorated, with revenue and net income well below previous highs and R&D spending under pressure. Leadership changes, unwinding of the Nissan alliance, and intensifying Chinese competition threaten Renault's position as the last independent French mass-market automaker. Recent collaborations with Geely offer a potential safety net, but are not enough to offset existential risks and industry disruption facing Renault.
Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault
China's Geely said on Friday it and its parent Geely Holding (GEELY.UL) would take a combined 26.4% stake in a joint venture controlled by its French partner Renault as the two seek to produce and sell cars jointly in Brazil.
Fearing China's small car rivals, Stellantis, Renault lobby EU for fewer rules
With Chinese automakers pushing into Europe, Stellantis and Renault are lobbying for a new, less-regulated category of small cars with fewer safety features, making them cheaper to build.
