The share price of Renault Group collapsed by 17% on Tuesday morning, as the French multinational carmaker revised downwards its earnings forecast for 2025. This came after the company reported a disappointing sales performance in June and said it expected further negative trends in the market in the next six months.
According to the carmaker’s statement, it now expects an operating margin for the 2025 fiscal year of around 6.5%, down from over 7% previously. That is linked to "the deterioration of the automotive market trends", "increasing commercial pressure from...competitors" and a predicted "continuation of the retail market decline".
