RNSDF News and Press, Renault S.A. From 05/25/21

After Britain rejected Yellen’s call for a 21% minimum tax rate, the Treasury Department on Thursday officially proposed a radically lower global minimum corporate tax of 15%. Last week was a big week for housing statistics. Availability is tight, so the volume of sales is decl...

European Union car registrations advanced 218.6% in April to 862,226 units, followed by 87.3% rise in March, because of last year’s low base of comparison due to coronavirus restrictions.YTD demand for passenger cars increased by 24.4% to 3.4M units.Registrations in Italy saw...

As it looks to deepen its presence in the electric car market, Renault (RNSDF) is considering introducing battery-swapping capabilities, which would significantly cut waiting times at recharging stations. "It's not decided, but I see it as an interesting opportunity," CEO Luca de Meo told the...

Global electric car sales for March 2021 were up 173% YoY, reaching 8.2% share. Europe sales rose 169% YoY, reaching 16% share, while China sales rose 244% YoY, reaching 11% share. EV market news - Forecast: Electric vehicle sales will crack 5 million in 2021 reaching 7% share. Joe Bi...

Internal warnings at Volkswagen (VWAGY) suggest the automaker faces a bigger production hit in the second quarter than the first from the global chip shortage. "We are being told from the suppliers and within the Volkswagen Group that we need to face considerable challenges," VW exec Wayne Gr...

The EU could be looking to take a stricter stance on plug-in hybrid electric vehicles ahead of the final Euro 7 emissions standards. Draft green finance regulations propose to phase-out PHEV by 2025 by removing the vehicle type from its 'sustainable investment' label. While this i...

Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share. EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecas...

The first quarter of 2021 was outstanding since many portfolio positions jumped significantly. The portfolio gained 62.94%, which is a record increase since the inception in 2013. GameStop, Lenovo, Turtle Beach, Ford, and Ferrexpo lead the rise as undervalued stocks were discovere...

European Union car registrations reported lowest February on record since 2013 of -19.3% to 771,486 units, followed by 24% decline in January, as COVID containment measures and uncertainty continue to weigh heavily on demand.Registrations in Italy -12.3%, Germany -19.0%, France -20....

A poor narrative from recent years had led to capitulation of investors until recently. With a new CEO and a recently announced multi-year restructuring and innovation program, we have more visibility of improved performance going forward. In this dynamic, investors forget that it...