Renault warns pooling CO2 emissions could weaken EU car industry, calls for clarity
Renault Group is committed to complying with the EU's 2025 rules on CO2 emissions but believes automakers pooling their emissions could weaken the European car industry, it said in a statement to Reuters, adding it is urgently calling for more clarity on the matter.
Renault slashes price of low-cost electric car as emissions rules tighten
Renault's Dacia brand cut the price of its low-cost electric vehicle (EV) by 2,000 euros ($2,086) in France on Tuesday, part of a wave of expected discounts in Europe this year to boost stagnant EV sales.
Renault open to Nissan pursuing merger talks with Honda, Bloomberg News reports
Nissan Motor's largest shareholder Renault is open to the Japanese automaker pursuing merger talks with peer Honda Motor , Bloomberg News reported on Wednesday.
Renault price target lowered to EUR 45 from EUR 47.50 at Barclays
Barclays lowered the firm's price target on Renault to EUR 45 from EUR 47.50 and keeps an Overweight rating on the shares.
Renault SA (RNSDF) Q3 2024 Sales/Trading Statement Call Transcript
Renault SA (OTCPK:RNSDF) Q3 2024 Sales/Trading Statement Call October 24, 2024 2:00 AM ET Company Participants Philippine de Schonen - Director-Investor Relations Thierry Pieton - Chief Financial Officer Denis Le Vot - Dacia CEO and Renault Group Chief Supply Chain Officer Conference Call Participants Pushkar Tendolkar - HSBC George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux José Asumendi - JPMorgan Philippe Houchois - Jeffries Renato Gargiulo - Intesa Philippine de Schonen Good morning, everyone, and welcome to this Q3 Sales and Revenue Conference. The presentation will be made by Thierry Pieton, Renault Group CFO; and will be followed by Q&A session.
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.
Renault posts forecast-beating 1.8% rise in Q3 sales
French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong demand for its pricier new models helped it offset lower total volumes.
Renault reports 1.8% rise in Q3 sales
French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong demand for its pricier new models helped it offset lower total volumes.
China Tariffs: Europe's EV Market Needs Cooperation, Renault CEO Says
Renault CEO Luca de Meo says ramping up electrification in Europe will be more difficult if policymakers fail to reach agreements involving raw materials and batteries. "We need to find a deal with China,” de Meo told Bloomberg's Oliver Crook at the Paris Motor Show.
Focus: Low-cost hybrid tech gives Renault breathing space in tough EV transition
Renault CEO Luca de Meo's bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe's fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge.
Renault Group Is Not A Straightforward Buy
1H 2024 saw revenue growth and record operating margin, but the market reaction was negative. The outlook for 2024 is cautious, with a slight decrease in margin and free cash flow. Despite progress on transformation, Renault faces stiff competition and headwinds in the European market.
Renault Argentina announces $350 mln investment to build new pickup model
French carmaker Renault's Argentine unit will invest $350 million to begin producing a new pickup truck model at its Santa Isabel plant in Cordoba, Argentina's economy ministry said on Tuesday.
