Tag Archives: renault group

Renault Group Q3 – 20% Increase in Revenue at €9.8B

Posted on 21 October 2022 by Ken Zino

The Group’s orders in Europe remains at an historic level – the same in volume compared to the end of June. Renault Group also confirmed its 2022 financial outlook*, which will probably meet with analyst skepticism given the ongoing economic crisis in Europe and the negative global effects of Putin’s war against Ukraine. Balancing this is a renegotiation of the Alliance with Nissan, which could bring Renault ~$3.3 billion if it cuts it stake to 15% from 43%. Continue reading →

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Renault Group: Sales Drop, Revenues Even, Margins, Profits Up

Posted on 29 July 2022 by Ken Zino

“These first half results are a proof of this: despite all the headwinds related to the stop of the activity in Russia, the semiconductor crisis and cost inflation, the Group continues to improve its operating performance and is beginning to benefit from the success of new launches,” Renault Group said. Continue reading →

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Renault Group, Plug Power to be at HyVolution Tradeshow

Posted on 9 May 2022 by Ken Zino

HYVIA is preparing a portfolio of three hydrogen powered light commercial vehicles: a van, a chassis cab and a city bus, with a range of up to 500 km, as well as a complete ecosystem of H2 stations, H2 production and associated services. The first vehicles are expected to be on the road from mid-2022. With a payload of up to 1000 kg, Master Chassis Cab H2-TECH is equipped with a 30-kW fuel cell, a 33-kWh battery and tanks containing 3 kg of hydrogen (2 tanks of 1.5 kg) at 700 bars. Continue reading →

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Renault Group Industrial Activities in Russia Suspended

Posted on 23 March 2022 by Ken Zino

Renault Group had previously taken  the necessary measures to comply with international sanctions. However, President Biden is known to be pushing for further sanctions, and is visiting the EU in Brussels today, and then going to Poland. Continue reading →

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Renault Group Boasts €2B Fixed-Cost Cuts Ahead of Plan

Posted on 30 July 2021 by Ken Zino

“These results are the fruits of our strategic Renaulution plan, focused on profitability. They mark only the first step in our turnaround, which should accelerate with the arrival of the new vehicles in preparation. I would like to thank all our employees for their commitment in achieving these results,” declared Luca de Meo, CEO of Renault Group. To AutoInformed, it seems premature to have a French victory toast at this point in the ongoing covid and automotive wars. C’est fous. Continue reading →

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Renault Group to Launch 10 Battery-Electric Vehicles by 2025

Posted on 1 July 2021 by Ken Zino

The Renault 5 electric will be made in Northern France, from battery to e-powertrain to assembly, on a new CMF-BEV platform, by Renault ElectriCity. The Group will also revive another star currently named ‘4ever’ signifying the hope to make it a timeless classic. Renault Group will also compete in the all-electric C-segment, first with the new MéganE next year. Continue reading →

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Renault Group Reveals Its 2016 Plan – Largely Outside Europe

Posted on 10 February 2011 by Ken Zino

The plan is heavily dependent on cost cutting, growth in emerging markets, and success of electric vehicles. In a statement that disappointed analysts, and sent the stock price down, Ghosn dismissed out of hand a merger with Nissan, claiming it was culturally impossible. Continue reading →

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