Watch CNBC's full interview with Renault CEO Luca de Meo
Renault CEO Luca de Meo speaks on the carmaker's full-year results, the potential impact of U.S. tariffs and the European automotive industry.
Renault CEO: Operational performance is independent from Nissan
Renault CEO Luca de Meo says that the firm will continue to deleverage its exposure to Nissan and that his first target was to ensure Renault "could walk" on its own legs independently from Nissan.
Renault posts higher operating profit for 2024 on new launches
French automaker Renault reported a 3.6% increase in operating profit for 2024 on Thursday, beating expectations, as lower costs and a string of new launches boosted margins.
Exclusive: Geely, Renault in talks over sales, manufacturing deals in Brazil, sources say
French automaker Renault and its Chinese partner Geely (GEELY.UL) plan to announce a deal later this month on expanding their cooperation to Brazil, three sources said, as they seek new growth markets amid broadening global trade wars.
Renault to defend its interests amid reports of end of Honda-Nissan merger talks
French carmaker Renault will "vigorously" defend the interests of the group and its stakeholders, a spokesperson for the group said, adding that recent press information indicates that no decision had yet been made on the possible end of merger talks between Honda and Nissan.
Renault seeking to maximize value of Nissan shares in Honda merger, says source
Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the value of the French automaker's stake in the Japanese firm ahead of its merger with Honda, a source close to the matter told Reuters.
Renault, Volvo electric van unit wins new orders
Flexis, a joint venture between automakers Renault and Volvo as well as shipper CMA CGM, said on Tuesday it has received letters of intent from 10 European transport and distribution companies for orders of 15,000 units of its new electric van.
Renault appoints Duncan Minto as new CFO
French carmaker Renault said on Tuesday it has appointed Duncan Minto as its Chief Financial Officer, starting from March 1.
European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says
New car sales in Europe were up by 0.9% in 2024, led by double-digit growth in hybrid car registrations, which exceeded petrol for a fourth consecutive month in December, industry data showed on Tuesday.
Renault: Upside Is There With Merger And Lineup Update
Renault has adopted a new strategy to recover from past underperformance, focusing on value over sales volume and streamlining operations. The potential merger between Renault, Nissan, Honda, and possibly Mitsubishi could significantly enhance efficiency and market position, making Renault a strong investment. Despite cutting dividends, Renault shows high upside potential with expected growth, new model launches, and a fair value estimate of €78/share.
Renault low-cost brand will add more electric vehicles in the future
Renault's low-cost brand Dacia will add more electric vehicles in the future, starting with the next Sandero around the end of 2027, brand CEO Denis Le Vot said on Thursday.
Renault 2024 sales volumes grow 1.3%, helped by hybrids
French automaker Renault said on Thursday that sales grew by 1.3% in 2024, with a strong fourth quarter driven by new launches helping to offset weak demand earlier in the year.
