Renault Profit Outlook Poor For 2023 As Investors Await Nissan Alliance News. “This means price/mix is likely to rapidly normalize to much lower levels. Renault, despite all its new product launches in the more profitable C-segment, is unlikely to be immune,” Renault’s prospects for 2023 look poor with profits expected to halve. Shareholders might be […]
Tag Archives | Renault
Renault Tinkers With Strategic Plan, While Alliance Talks Continue
Renault Tinkers With Strategic Plan, While Alliance Talks Continue. “The increased targets illustrate that Renault is making faster progress with strategic plan, driven by efficiency measures, positive pricing effects and the launch of new models” You need nerves of steel and enhanced powers of concentration to be a Renault shareholder as new ideas come thick […]
Renault Results At Least Demonstrate Resilience, As Negative Pressures Mount
Renault Results At Least Demonstrate Resilience, As Negative Pressures Mount. “Renault needs positive news, such as working more closely with another group or joining forces with a new partner, especially as the alliance with Nissan is not going well and the progress of the AvtoVAZ/Lada stake is unclear” Renault pleased investors with its first-quarter financial […]
Renault’s Russia Crisis Might Finally Force Nissan Alliance Action
Renault’s Russia Crisis Might Finally Force Nissan Alliance Action. “Renault is reversing out of Russia, with a €2.2 billion dent in its bonnet” If Renault is forced to hand its Russian assets back to the Putin government this wouldn’t necessarily be a crippling financial blow, but it badly needs to find a partner for an […]
German Automakers, Renault Feel The Heat From Ukraine Disruption
German Automakers, Renault Feel The Heat From Ukraine Disruption. “For Renault and its Avtovaz subsidiary Russia represents about 9% of global revenues” German automakers are most under pressure from the chaos in Ukraine following the Russian invasion, Renault has the most to lose because of its presence in Russia, while supply chain disruption threatens the […]
Renault Shares Pummelled Again As Its Russian Operation Threatens Recovery Plan
Renault Shares Pummelled Again As Its Russian Operation Threatens Recovery Plan. “Renault’s exposure to Russia remains the highest in Fitch’s portfolio of European auto and auto-supplier issuers” Renault’s recovery plan is being undermined by fears its Russian operation could generate big losses, according to Fitch Ratings, which said the extent of the impact of sanctions […]
Renault Slow To Replace Highly Successful Zoe But Electric Plans Look Sound
Renault Slow To Replace Highly Successful Zoe But Electric Plans Look Sound. “Renault had a good start, but stopped there. Still, it’s the third best-selling BEV, which is remarkable considering the new Peugeot e-208, Fiat 500, Opel/Vauxhall e-Corsa, etc” Renault pioneered battery electric vehicles (BEV) with the little Zoe, launched in 2012, but analysts say […]
Renault Results Reveal Big Chip Production Hit, But Industry Predictions Vary
Renault Results Reveal Big Chip Production Hit, But Industry Predictions Vary. “In light of chip packaging and testing plants in Malaysia back up and running, there could be a gradual auto production recovery kicking in the current quarter” Investors hope to find out more evidence about the state of automotive supply chains when Europe’s auto […]
Renault’s Uncertain Outlook Might Ease The Way For Mercedes Deal
Renault’s Uncertain Outlook Might Ease The Way For Mercedes Deal. “Should the alliance fall apart, the Daimler group could be an alternative for Renault” When a big car manufacturer like Renault loses almost $10 billion in a year, reflecting its failing ability to compete, predators would be hovering as the share price plummeted and it […]
Renault Strategic Plan Said To Be “Risky” And “Underwhelming”
Renault Strategic Plan Said To Be “Risky” And “Underwhelming”. “The alliance with Renault also appears to be quite unstable” Renault’s long-term strategic plan to sacrifice sales in favor of profits failed to excite investors, who wondered why the elephant in the room, the future of the crucial alliance with Nissan, wasn’t addressed. New CEO Luca […]