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Friday, April 26, 8:18 AM Nissan (NSANY.ON) plans to build a new compact car at a Renault (RNSDF.PK) plant in France. The deal could be the first of many as European automakers look for ways to trim capacity without running afoul of unions. Comment! [Consumer, Global & FX]
Wednesday, April 24, 1:18 PM Renault (RNSDF.PK) reports Q1 revenue fell 12% to €8.27B ($10.7B) with sales in Europe and Brazil disappointing once again. The automaker cuts its forecast for industrywide European car sales to a 5% drop, from a previous estimates of a 3% decline. Comment! [Global & FX, Consumer]
Tuesday, April 2, 7:36 AM Car registration in France fell 16.4% in March to extend a long losing streak in the nation for the auto industry. Sales at Peugeot (PEUGF.PK) were off 23.6% on its home turf while Renault (RNSDF.PK) saw a sales drop of 8.3% compared to a year ago. 1 Comment [Consumer, Global & FX]
Monday, March 18, 1:16 PM Renault (RNSDF.PK) CEO Carlos Ghosn thinks China will save the electric vehicle industry with the government willing to back production capacity for 2M electric cars and plug-in hybrids by 2020. Though the potential for the EV market is significant with polluted air a national crisis in China, it's also unclear if global companies such as Renault, Nissan (NSANY.OB), and Volkswagen (VLKAY.PK) will be the ones reaping the benefits. Cheaper Chinese-made hybrids can achieve 20% fuel savings over current gas-burning models which might be just good enough to tamp down the emissions debate. Comment! [Consumer, Global & FX]
Wednesday, March 13, 10:35 AM Renault (RNSDF.PK) signs a deal with French labor unions in which it gained some concessions but also had to promise to boost production by close to 25% by 2016. It's a risky gambit in an European market which is seeing a prolonged demand slump. Comment! [Consumer, Global & FX]
Monday, January 28, 7:21 AM Ford (F), Daimler (DDAIF.PK), and Renault (RNSDF.PK) will team up to share development costs for fuel-cell vehicles systems. Despite the persistent doubts, the automakers think the emission-free technology might have a future if system designs are in common and volumes can be leveraged to achieve an economy of scale. 2 Comments [Consumer]
Wednesday, January 16, 5:06 AM European new-car registrations slumped 16.3% Y/Y to 799,407 vehicles in December, the sharpest decline since October 2010, as high unemployment and an unwillingness by banks to finance consumer purchases took their toll. For 2012, EU sales -8.2% to 12.05M, the steepest annual drop since 1993. GM (GM) and Ford (F) sales in Europe cratered 27% each in December, although Korean brands Hyundai and Kia, with their affordable cars and long warranties, climbed 10.5% and 6.8% respectively. 6 Comments [Global & FX, Top Stories, Consumer]
Tuesday, January 15, 9:15 AM Renault (RNSDF.PK) plans to eliminate 7.5K jobs in France by 2016 as it pares back production goals, according to a Bloomberg report. Comment! [Consumer, Global & FX]
Thursday, December 13, 2012, 7:37 AM Renault (RNSDF.PK) plans to raise €1.6B by selling its remaining 6.5% stake in Volvo. The sales will mark an end to a 20-year affiliation between the two European automakers. Renault says it will pay off debt and make strategic investments in areas such as Russia and China with the funds. Comment! [Consumer, Global & FX]
Thursday, October 25, 2012, 12:58 PM More on European auto industry misery (previous: I, II): Renault (RNSDF.PK) cuts its full-year delivery goal after Q3 sales slumped. The automaker now sees 2012 sales falling short of the 2.72M vehicles sold last year. Comment! [Consumer]
Tuesday, October 16, 2012, 4:45 AM RBS (RBS) will be given permission this week to leave the Asset Protection Scheme, a state-backed insurance program covering the bank's old "toxic assets," the FT reports. Exiting the scheme, which has cost RBS £2.5B in premiums, is seen as a first step towards the government selling its 82% stake in the bank. Meanwhile, RBS has suspended Jezri Mohideen, its head of rates trading in Europe and Asia Pacific, over the Libor scandal. Mohideen is the most senior employee to be put on leave so far. Comment! [Consumer]
Tuesday, October 16, 2012, 4:32 AM EU new-car registrations for September highlight the the sector's troubles in the region, slumping 10.8% to 1.1M, the fastest drop in a year. VW -13.8%, Ford (F) -15%, Opel (GM) -16%, Renault -33% but BMW +11%. In Jan-Sep, sales -7.6% to 9.15M. (PR) 2 Comments [Consumer]
Wednesday, September 26, 2012, 1:23 PM The Paris Auto Show launches at the end of the week with the mood more than likely to be on the somber side. The latest forecast suggests that eight of Europe's top ten car markets will see big sale drops this year and 40% of the continent's largest car plants are now running below capacity. Renault (RNSDF.PK) and Peugeot (PEUGY.PK) will showcase rival crossover concept cars in two of the show's most interesting unveilings. 1 Comment [Consumer, Global & FX]
Friday, May 4, 2012, 8:49 AM Renault (RNSDF.PK) and Nissan (NSANY.PK) agree to spend $750M combined to acquire a controlling stake in struggling Russian auto giant OAO AvtoVAZ. The deal could help the two automakers forge a global contender with the muscle to challenge GM, Toyota and Volkswagen in a fast-growing market. Comment! [Global & FX]
Tuesday, April 17, 2012, 9:51 AM Data out of Europe reveals that car registrations trended lower for the 7th consecutive month in March to reach 1.45M - a mark 7.7% lower than a year ago. Germany and the U.K. were the only two markets to see a gain in registrations for the period. 1 Comment [Global & FX]
Monday, January 23, 2012, 11:13 AM Better Place, which develops infrastructure for electric cars, has delivered its first 100 vehicles to Israeli customers. The company partners with Renault (RNSDF.PK), and its investors include HSBC (HBC), GE, UBS, and Morgan Stanley. (previous) 1 Comment

RNSDF.PK Renault Sa Regie Nat

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Renault Sa Regie Nat