Renault Unveils Futuristic Electric Concept Car
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Wall Street Journal
9 hours ago
- Wall Street Journal
Renault Targets Better Second-Half Performance
Renault RNO -2.98%decrease; red down pointing triangle said new product launches and strong orders should boost volumes and lead to a better second-half performance at a time when the carmaker focuses on controlling costs. The French automaker earlier this month slashed its financial targets for the year amid a deteriorating auto market, with increasing competition and a falling retail market.
Yahoo
10 hours ago
- Yahoo
Renault posts first-half loss of 11.2 billion euros
PARIS (Reuters) -Renault reported a first-half net loss attributable to the group of 11.19 billion euros ($12.78 billion) on Thursday, including a one-off 9.3 billion euros from writing down its investment in partner Nissan flagged earlier this month. Revenues at the French car maker came in at 27.6 billion euros, up 2.5% compared with a year earlier, helped by several new product launches, though its operating margin fell 2.1 percentage points to 6%. Renault lowered its annual forecast earlier this month after market conditions deteriorated, particularly in the commercial vehicle market. The group, whose sales volume growth slowed to 1.3% in the first half, now expects an operating margin of around 6.5% in 2025, compared with at least 7% previously targeted, and free cash flow of between 1.0 billion and 1.5 billion euros, compared with at least 2 billion previously anticipated. "Our first-half results, in a challenging market, were not aligned with our initial ambitions," said Francois Provost, appointed new CEO of the group late on Wednesday. "Nevertheless, Renault Group's profitability remains a reference in our industry, and we are determined to maintain this standard," he added in a statement. Excluding the impact related to Nissan, its net income attributable to the group reached 461 million euros. ($1 = 0.8754 euros)
Yahoo
10 hours ago
- Yahoo
Renault reports first half loss of 11.2 billion euros
PARIS (Reuters) -Renault reported a first-half net loss attributable to the group of 11.19 billion euros ($12.78 billion) on Thursday, including a one-off 9.3 billion euros from writing down its investment in partner Nissan flagged earlier this month. Revenues at the French car maker came in at 27.6 billion euros, up 2.5% compared with a year earlier, helped by several new product launches. ($1 = 0.8754 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data