Renault Group will produce two new cars in Brazil in the second half of 2026, using the base of its Chinese partner Geely's vehicles, as it further expands in a high growth market, it said on Tuesday.
France's Renault has ended a project with Valeo to develop a new rare-earth-free electric vehicle motor and is looking instead for a cheaper Chinese supplier, two sources familiar with the matter told Reuters.
Renault unveiled its new electric Twingo small car on Thursday as the French automaker seeks to leverage a popular old model name and a price tag of under 20,000 euros ($23,000) to boost its electric vehicle sales.
Renault boss Francois Provost said on Tuesday no carmaker in Europe can meet emission targets on vans or cars by 2030, calling for flexibility on the European Union's CO2 targets.
Geely Holding Group and Geely Automobile Holdings will have access to Renault's resources in Brazil and will be able to manufacture Geely Auto vehicles alongside Renault vehicles.
Renault is still a "Buy"-rated name, considering its third-quarter outperformance and a favorable second-half profitability outlook. RNSDF's product pipeline, including new EVs and C-SUVs, is supportive of sustained growth, following a 3Q25 top-line beat. Cost reduction moves, operational simplification, and operating leverage are expected to drive higher 2H25 margins for RNSDF as per managemen...
Renault SA (OTCPK:RNLSY) Q3 2025 Sales Call October 23, 2025 2:00 AM EDT Company Participants Duncan Minto - CFO Fabrice Cambolive - Chief Executive Officer of New Renault Brand & Chief Growth Officer Francois Provost - Grp CPO,MD of APO,SVP of Intl.Dev.,Partn.,China Ops.
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