RNSDF News and Press, Renault S.A. From 04/17/23

2023-04-17 07:10:12 ET Renault ( OTCPK:RNLSY ) CEO Fabrice Cambolive indicated that the French automaker he helms could be lowering its prices to compete with American EV leader Tesla ( TSLA ) on Monday. Cambolive told reporters that he considers the price cuts, recently...

2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...

2023-03-26 11:23:19 ET Summary Renault is accelerating on EV. Renault will become a holding company and Ampère will be its jewel. Investment grade target, back to a DPS payment, and solid 2023 guidance. Renault is now a buy. Here at the Lab, in 2022, we preferre...

2023-03-22 09:51:40 ET The EU passenger car market continued to perform well in February 2023, with new car registrations +11.5% to 802,763 units, according to the latest data released by The European Automobile Manufacturers' Association. Although there was a rise in the number of ...

2023-03-04 06:31:40 ET Summary Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered tax...

Stellantis ( NYSE: STLA ) shares rose in premarket trading on Friday after RBC Capital markets moved to a Buy rating after sitting down with the CFO. “We hosted Stellantis' CFO Richard Palmer in investor meetings in Canada and came away more bullish on the story,”...

The new Tesla ( NASDAQ: TSLA ) Gigafactory in Mexico is expected to be twice the size of the factory in Austin, Texas. Santa Catarina Mayor Jesus Nava disclosed the amount of land purchased by Tesla in an industrial zone is nearly 4.2K acres. Construction at the site is anticipated to beg...

Summary Doubled profits and returned to the dividend payment. Luca de Meo confirmed: "we have recovered and we are back in the race. That's the automotive beauty industry - it's always possible to reverse a negative situation" It is an execution story now, and on the valuation, we a...

Summary A recent European report, including a BMW Series3 PHEV, disputes PHEV's CO2 emissions and fuel efficiency. Calls for PHEV regulations to be based on reality, not myths. Some aspects of emissions and fuel efficiency data might mislead BMW Series 3 and upcoming Series 5 PHEV purch...

Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...