RNSDF News and Press, Renault S.A. From 10/28/22

Summary Nissan shares have been battered since a rift within the Renault alliance in 2018. Both automakers have floundered, creating a mutual incentive to reconcile differences as global competition grows more fierce. Media reports, unchallenged by the parties, suggest that a ...

Summary A recent share price plunge shows that the market doesn’t take Mullen seriously. Only retail investors do. My team and I decided to take a deep dive into Mullen’s business model and its plans for solid-state batteries. Although solid-state batteries can b...

Summary The well-known French automaker Renault disappointed analysts' expectations of €11.81 billion in revenues versus the reported €9.80 billion. The company's FY 2022 outlook remains unchanged. Watch out for interest rate increases by the ECB. Renault's reven...

Summary The Capital Market Day will be a key catalyst in Renault's future. Renault aims to catch up in electric vehicles in comparison with Tesla and Volkswagen. Renault is planning a network of electric vehicle charging stations along European motorways. Outlook was confi...

Renault SA ( OTCPK:RNSDF ) said that pricing moves helped the automaker maintain strong margins and revenue in the third quarter. For the quarter, the French auto group posted an over 20% jump in revenue from the prior year to €9.78B. The growth in revenue came de...

Renault SA press release ( OTCPK:RNSDF ): Q3 Revenue of €9.78B (+20.4% Y/Y). Automotive revenue reached €9B, up 21.7% Y/Y. The company sold 481,000 vehicles in Q3, down 2.4% Y/Y. FY2022 Outlook : Group operating margin superior to 5%; Automotive ...

Renault SA ( OTCPK:RNSDF ) is reported to be in the final stages of a deal to lower its stake with Japanese partner Nissan Motor ( OTCPK:NSANY ). Sources indicate that the two auto giants are set to sign a non-binding agreement after details were largely finalized late l...

Summary Renault CEO flies to Tokyo to decide Nissan's future alliance. Nissan could revert its alliance's internal power. Nissan's no to the Geely deal is likely. Despite the French company's good results, we remain neutral. This is not the first time that we are com...

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Summary Qualcomm noted that its automotive design win pipeline rose by over $11 billion in about four months to reach $30 billion. This strong acceleration of design wins and high confidence in reaching over $4 billion in revenues by FY26 demonstrate the importance of the auto seg...