RNSDF News and Press, Renault S.A. From 07/02/22

Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...

Economical, fundamental, technical, and structural tailwinds are all pointing to an upswing in auto sector. Market share gainers benefit the most. Economical Tailwind - Auto stocks are beneficial in rising rate scenario due to its cyclicality. Fundamental Tailwind - Cooling down o...

Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022. With order books reaching far into next year, we expect a delayed...

According to the European Automobile Manufacturers’ Association (ACEA), EU passenger car registrations in May 2022 fell by 11.2% to 791,546 units, marking the eleventh consecutive month of decline. From January to May 2022, total registrations of new passenger cars in the EU ...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

New commercial vehicle registrations in the European Union fell 27.1% to 125,034 units in April, followed by 24.9% decline in March. On YTD basis, demand for commercial vehicles in the EU decreased by 20.3%. All vehicle segments saw declines due to supply chain and Russia-Ukraine wa...

Mitsubishi Motors Corp (OTCPK:MSBHF) and Nissan Motor Co (OTCPK:NSANY) announced the release of a new line of light electric vehicles on Friday. The auto manufacturing giants, operating under the auspices of the NMKV joint venture have released two new, electric “minivehicles” t...

The auto industry is entering a steep S-curve disruption. Legacy carmakers unable to rapidly transition to BEVs will lose market share and risk collapse and bankruptcy. Lithium battery supply chains are expanding to support the BEV transition. But geopolitical instability and inevitab...

Renault Group signs agreements to sell AVTOVAZ and its Renault Russia subsidiary. Rumors said that there is a call option to repurchase these entities. Renaulution business plan ongoing, small positive. Guidance further reiterated. Still not seeing a buy case. For furthe...

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...