Renault boss De Meo leaves carmaker to lead Kering, Le Figaro reports
Renault chief executive Luca De Meo is leaving the carmaker to lead luxury firm Kering , French newspaper Le Figaro reported on Sunday.
Dutch car sharing firm adds Renault EVs capable of powering local grid
Dutch car sharing firm MyWheels will plug in the first of 500 grid-connectable Renault EVs to its fleet in the Netherlands this week, expanding the number of vehicles in Europe capable of strengthening the power grid as the technology gains traction.
Renault still open to supply technology to rivals to make cars cheaper, CEO says
French automaker Renault is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday.
Renault Expects $2.44 Billion Hit From Nissan's Turnaround
The group—which holds 35.71% of Nissan's share capital—said the hit included the impairments and restructuring costs necessary for the Japanese automaker's turnaround.
Renault: Positive On Nissan Deal And Limited Tariff Exposure
I remain a bull on Renault SA; its risk-reward is attractive, with solid upside potential and modest downside risks. Renault's recent agreement with Nissan suggests that there are opportunities for a cash windfall from stake reduction and further expansion in the Indian market. Renault's downside is mitigated by its diverse geographical mix and strong revenue visibility.
Renault Revenue Drops; Backs Full-Year Guidance
Renault posted a drop in revenue for both its car division and the overall group despite an uptick in sales, and backed its full-year guidance.
Renault posts slight rise in first-quarter revenue
French carmaker Renault reported a 0.6% rise in first-quarter revenue on Thursday, slightly ahead of expectations, as it benefited from a flurry of recent new launches.
Renault, Nissan further loosen long-standing alliance
Automakers Renault and Nissan said on Monday they had agreed to further amend their long-standing partnership to allow for a reduction in their cross-shareholdings to 10%, down from 15% previously.
Renault to buy Nissan's stake in India manufacturing unit, taking full ownership
Renault Group said on Monday it would acquire the remaining 51% shareholding in Renault Nissan Automotive India Private Ltd, currently held by Nissan Motor Corp , taking complete ownership of the manufacturing plant.
Renault cuts 300 jobs at van factory as European market slows
Renault Group will cut 300 jobs at a van factory in northern France, the carmaker said on Tuesday, responding to slowing European demand for commercial vehicles in the face of growing economic uncertainty.
Renault says confident Espinosa keen to continue Renault/Nissan relationship
French carmaker Renault said on Tuesday it was taking note of Nissan's announcement that Ivan Espinosa, its chief planning officer, would take the helm from April 1, succeeding Makoto Uchida as leader of the troubled Japanese carmaker.
Renault's Russia buyback to cost at least $1.3 billion, says Russia's Avtovaz
Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ($1.3 billion) to cover investments made since selling for only one rouble in 2022, Avtovaz said.
