The Latest Breaking News from RNLSY

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…

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…

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…