Renault

Prominent Tesla Inc. (NASDAQ:TSLA) analyst Gary Black has aimed at “Tesla bears,” particularly long-term bear Drew Dickson, for what he calls a fundamental misapplication of traditional automotive price-to-earnings (P/E) ratios to Elon Musk‘s burgeoning electric vehicle business....

The Tesla Model Y electric vehicle from Tesla Inc (NASDAQ:TSLA) might not win title of Europe's bestselling vehicle for a second straight year, ending a short reign for electric vehicles. What Happened: The Model Y broke records for electric vehicles in 2023 and became the first EV to be the...

The European auto industry has decided not to contest the European Union’s (EU) decision to ban fossil-fuel vehicles by 2035, regardless of the outcome of the upcoming European parliamentary elections. What Happened: The European Automobile Manufacturers Association (ACEA), headed by Luca de...

In a recent statement, Stellantis (NYSE:STLA) Chairman John Elkann dismissed rumors of a potential merger with French automaker Renault (OTC:RNSDF). What Happened: Elkann, on Monday, refuted the ongoing speculation about a merger between Stellantis and Renault, reported Reuters. “There are no...

Renault Group has recently unveiled a detailed plan committed to revolutionizing its industrial base. The strategy primarily focuses on reducing manufacturing expenses and development duration while promoting sustainability and agility. Renault Group’s official press note on Dec. 7, 2023...

Price cuts that were recently undertaken by Tesla Inc (NASDAQ:TSLA) are a "warning" to competing companies in the electric vehicle space, said Fabrice Cambolive, the CEO of Renault. What Happened: Cambolive said Tesla's price cuts would lead the group to closely inspect its own global pricing...

French group has signed its first big deal since exiting its main joint venture last year. On Monday, Renault (OTC: RNLSY) revealed it will partner with Geely Automobile Holdings Limited (OTC: GELYF), the Chinese owner of Sweden's Volvo Cars, to tap into China's rapidly growing electric car...

The Apple Inc. (NASDAQ: AAPL) Car project continues to heat the market, although not directly the Apple stock. For some time, the Cupertino company has been working on a fully autonomous electric car, but it doesn’t seem to have found the right partner among car manufacturers so far. Apple-...

Former Nissan Motor Co. Ltd. (OTC: NSANY) executives started plotting to oust Chairman Carlos Ghosn almost a year ahead of his arrest in 2018, Bloomberg reported Friday, based on internal emails and conversations with people close to the matter. What Happened According to Bloomberg, Nissan...

Less than a day after former Nissan Motor Company Ltd. (OTC: NSANY) Chairman Carlos Ghosn spoke against the Japanese legal system, the country's government has countered with a response. Japan Reacts "Ghosn has fled from a criminal trial. That is not acceptable under any country's...

Renault SA (OTC: RNLSY) is trying to tap into the electric market as its industry peers are rapidly expanding their electric offerings. And it may produce a new vehicle on a platform with Nissan Motor Co (OTC: NSANF) and in alliance with Mitsubishi Motors Corp. (TYO: MBFJF). What many forget is...

Automaker Fiat Chrysler Automobiles NV (NYSE: FCAU) said Wednesday evening it has withdrawn its proposal to acquire European automaker Renault due to political concerns in France. What Happened Fiat Chrysler said in a press release its proposed merger of equals with Renault has been withdrawn with...

A potential tie-up between global automakers Fiat Chrysler Automobiles NV (NYSE: FCAU) and Renault represents a "good strategic fit" with upside potential over and above the initial savings targets, according to Morgan Stanley. The Analyst Adam Jonas maintained an Overweight rating...

France-based automaker Renault confirmed Monday it will "study with interest" an acquisition proposal made by Fiat Chrysler Automobiles NV (NYSE: FCAU). What Happened Fiat Chrysler detailed in a public letter its desire to merge with Renault to create the world's third latest global...

Japanese prosecutors arrested Renault-Nissan-Mitsubishi Chairman Carlos Ghosn on suspected violation of trading law Monday morning. Renault SA (OTC: RNSDF) plummeted on the report, and Nissan Motor Co Ltd (OTC: NSANY) fell marginally. Nissan soon denounced Ghosn for committing years of...