The Latest Breaking News from Renault SA

The auto industry is growing due to factors including solid consumer demand, the transition to electric vehicles, global supply chain improvements, and increased adoption of advanced automotive technologies. All these factors are contributing to its optimistic outlook. Therefore, investors could consider adding fundamentally strong auto stocks, Hino Motors (HINOY), Renault…

The auto industry looks poised for growth this year, thanks to robust demand and widespread adoption of advanced technologies. Hence, fundamentally strong stocks Renault (RNLSY), Wabash National (WNC), and REV Group (REVG) might be solid additions to one’s portfolio. Keep reading.

Renault SA and China’s Geely say they plan to launch a joint venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs

Nissan Motor Co. is pressing partner Renault SA to sell down a portion of its stake in the Japanese auto maker as part of a grand bargain to reorganize its more than two decade-old alliance with the French car company, according to people with knowledge of the talks.

Nissan Motor Co (OTC:NSANY) thinks it is too early to say whether it will spin off its electric vehicle (EV) business division, Reuters reported, citing a senior executive of the Japanese automaker. "It's too early to consider because of our diversified market portfolio and diversified product portfolio," the report quoted COO Ashwani…

China's Geely Automobile is set to acquire over a third of Renault SA (OTC:RNLSY) Korea unit for about $200 million, Reuters reported. The move is expected to boost Renault's U.S. exports and make way for investment in its electric business. Geely's stake deal follows an announcement by the two companies in January to develop hybrid…

Renault SA (OTC:RNLSY) has halted some of its Russian operations indefinitely, the Financial Times reported. The carmaker is also planning to step back from its investment in Lada maker AvtoVaz. Renault is assessing the available options regarding its stake in AvtoVaz, while acting responsibly towards its 45,000 employees in Russia. The report noted that…