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.
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.
