Renault Aktie News

Stellantis Chairman John Elkann and Renault CEO Luca de Meo urged the European Union to adopt more favourable rules for small cars, warning that the declining profitability of small cars could force plant closures without changes.

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's two factories and Stellantis' three plants in Spain are gradually resuming production after they were impacted by the massive power outage that hit Spain and Portugal on Monday.

France's Europlasma said on Friday its offer for a foundry in Brittany, formerly owned by automaker Renault , had been accepted by a court overseeing the insolvent plant, and that it would diversify production into the defence sector and other industries.

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.

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.

Der französische Autobauer Renault FR0000131906 hat im ersten Quartal gestiegene Verkäufe nicht in ein Umsatzplus ummünzen können.

Renault Chairman Jean-Dominique Senard is to step down from Nissan's board of directors, the Japanese automaker said on Thursday, as the company tackles its declining performance.