Streetbeat News

RNLSY

Renault S.A.

https://group.renault.com/

CEO

Luca de Meo

Industry

Automobile Manufacturing

Open

10.72

Mkt cap

15B

Volume

384

High

10.72

P/E Ratio

19.28

52-wk high

11.72

Low

10.41

Div yield

0.04

52-wk low

7.82

WeRide (Nasdaq: WRD) has launched the first European fully driverless commercial Robobus service in France, in partnership with beti, Renault Group, and Macif. This L4-level autonomous shuttle service will operate in France's Drôme region.

Portfolio Pulse from

February 28, 2025 | 1:15 am

Renault CEO Luca de Meo discussed the company's full-year results, potential impacts of U.S. tariffs, and the European automotive industry in a CNBC interview.

Portfolio Pulse from

February 20, 2025 | 3:45 pm

Renault CEO Luca de Meo emphasized the company's strategy to reduce its reliance on Nissan, aiming for operational independence. This move is part of Renault's broader strategy to strengthen its standalone capabilities.

Portfolio Pulse from

February 20, 2025 | 2:45 pm

Renault reported a 3.6% increase in operating profit for 2024, surpassing expectations due to lower costs and new product launches.

Portfolio Pulse from

February 20, 2025 | 6:30 am

Renault is working to maximize the value of its stake in Nissan as it prepares for a merger with Honda. Renault executives have traveled to Japan to discuss this with Nissan counterparts.

Portfolio Pulse from

January 29, 2025 | 7:00 pm

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

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