Streetbeat News

RNLSY

Renault S.A.

https://group.renault.com/

CEO

Luca de Meo

Industry

Automobile Manufacturing

Open

10.27

Mkt cap

15B

Volume

2.7K

High

10.27

P/E Ratio

9.69

52-wk high

11.72

Low

10.27

Div yield

0.04

52-wk low

7.31

Renault has appointed Duncan Minto as its new Chief Financial Officer, effective March 1. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from

January 21, 2025 | 7:30 am

European car sales increased by 0.9% in 2024, with hybrid cars showing significant growth. Renault surpassed Stellantis in December sales.

Portfolio Pulse from

January 21, 2025 | 5:30 am

Renault is focusing on value over sales volume and streamlining operations. A potential merger with Nissan, Honda, and possibly Mitsubishi could enhance its market position. Despite cutting dividends, Renault shows high upside potential with new model launches and a fair value estimate of €78/share.

Portfolio Pulse from

January 17, 2025 | 12:30 pm

Renault's low-cost brand Dacia plans to expand its electric vehicle lineup, starting with the next Sandero model by the end of 2027, as announced by CEO Denis Le Vot.

Portfolio Pulse from

January 16, 2025 | 10:15 am

Renault reported a 1.3% increase in sales for 2024, driven by strong performance in the fourth quarter and new hybrid vehicle launches, which helped counterbalance earlier weak demand.

Portfolio Pulse from

January 16, 2025 | 6:30 am

Renault Group has expressed concerns that pooling CO2 emissions among automakers could weaken the European car industry. The company is committed to meeting the EU's 2025 CO2 emissions rules and is seeking clarity on the issue.

Portfolio Pulse from

January 08, 2025 | 9:15 am

Renault's Dacia brand has reduced the price of its low-cost electric vehicle by 2,000 euros in France. This move is part of a broader strategy to boost stagnant EV sales in Europe amid tightening emissions regulations.

Portfolio Pulse from

January 07, 2025 | 11:00 am

Renault, Nissan's largest shareholder, is open to Nissan pursuing merger talks with Honda, according to Bloomberg News.

Portfolio Pulse from

December 18, 2024 | 10:45 am

Volkswagen and other European automakers like BMW, Mercedes-Benz, Stellantis, and Renault are facing significant challenges, including underutilized factories and competition from Chinese EV makers like BYD. Volkswagen is considering plant closures, and Stellantis is halting production of its electric Fiat 500e due to declining demand. The European auto industry is struggling to compete with Chinese automakers, who are planning to establish factories in Europe to avoid tariffs.

Portfolio Pulse from Upwallstreet

September 20, 2024 | 2:06 pm

Plug Power Inc. (PLUG) shares are trading lower today following the European Commission's approval of the joint control of HyVia by Renault SA and Plug Power France. The transaction involves the production and supply of fuel cell light commercial vehicles and hydrogen refueling stations. Despite the approval, PLUG shares have lost over 76% in the past year. Investors can gain exposure to the stock via Global X Hydrogen ETF (HYDR) and ETF Series Solutions Defiance Next Gen H2 ETF (HDRO).

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 4:04 pm

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