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The Latest Breaking News from Renault SA

Honda and Nissan announce merger to form world's third largest car company

Japanese automakers Honda and Nissan have announced plans to join forces and form the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

Radio France Internationale

Honda and Nissan set to merge forming world's third largest automaker

Japanese carmakers Honda and Nissan have announced plans to merge, creating the world's third largest automaker

Evening Standard

Nissan, Honda expected to announce plans to merge, creating world's No. 3 automaker

Japanese automakers Nissan and Honda are expected to announce plans on a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from reliance on fossil fuels

The Independent UK

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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

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

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

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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

Aramco Inks Pact with Renault, Geely for Engine Venture

Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China's Geely Automobile Holdings Ltd plan to set up jointly, they said on Thursday. The new joint venture is aimed at developing more-efficient gasoline engines and hybrid systems.…

Asharq Al-Awsat

Renault, Google to make cars ‘like mobile phones’

Renault SA is deepening its collaboration with Alphabet Inc’s Google in a bid to extend capabilities on remote software updates to new models, such as the electric Megane E-Tech and Austral.

Bangkok Post

Renault, China's Geely announced powertrain joint venture

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

The Independent UK

Nissan Presses Partner Renault to Sell Down Portion of Stake

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.

Bangkok Post

Nissan Says Too Early To Predict EV Unit Spin-Off: Reuters

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…

Benzinga

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

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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…

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