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The Latest Breaking News from RNLSY

3 Auto Stocks to Buy With Impressive Gains

The auto industry is poised for significant growth thanks to rapid technological advancements, growing disposable incomes, and increased new vehicle sales. Hence, investors could consider buying quality auto stocks Ferrari (RACE), Renault (RNLSY), and Mercedes-Benz (MBGAF), given their solid upside potential. Read on.

StockNews.com

2 Auto Stocks Racing Ahead, 1 Worth Keeping an Eye On

The automotive industry is flourishing due to the surging demand for vehicles, further backed by rapid EV adoption globally and several technological developments. Thus, it could be wise to buy quality auto stocks Oshkosh (OSK) and Gates Industrial (GTES), while Renault (RNLSY) appears to be a better fit for your…

StockNews.com

3 Weekly Auto Stock Gainers to Watch Closely

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…

StockNews.com

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3 Vehicle Manufacturer Stocks to Add to Your Portfolio

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.

StockNews.com

A Guide to 3 Top Auto Stock Picks -- Buy, Hold, or Sell?

The rising demand for new cars, coupled with the rapid transition toward Electric Vehicles (EVs) and the seamless incorporation of cutting-edge technologies within the automotive sector, augurs well for the enduring stability of the auto industry. Given this backdrop, let’s ascertain whether auto stocks PACCAR (PCAR), Geely Automobile Holdings (GELYY),…

StockNews.com

3 Auto Stocks Beating NIO (NIO)

NIO saw reduced sales, wider losses, and a steep gross margin decline in the second quarter. While it expects solid long-term growth, expensive valuation, poor fundamentals, and increased competition will likely keep it under pressure. Therefore, it could be wise to buy auto stocks Nissan Motor (NSANY), Renault SA (RNLSY),…

StockNews.com

5 Stocks Down Over 30% YTD That are Too Cheap to Ignore

Wall Street is currently witnessing relentless selling pressure on concerns over an aggressive monetary policy tightening to control the surging inflation. This has led to many quality stocks trading at attractive valuations. Fundamentally sound stocks United Microelectronics (UMC), Herbalife (HLF), Renault (RNLSY), Goodyear Tire & Rubber (GT), and Meritage Homes…

StockNews.com

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Geely Automobile Takes Stake In Renault Korea For $200M: Reuters

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…

Benzinga

Renault Halts Russia Operations; Looks To Shed AutoVaz Stake

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…

Benzinga

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