Renault

Reports that the EU is considering measures to limit imports of Chinese hybrid cars initially sent Renault and Stellantis shares sharply higher. The broader auto sector then turned negative as losses at premium makers, a rise in oil prices and high bond yields weighed on sentiment. The potential temporary protection would particularly relieve mass-market manufacturers like Renault from Chinese competition. » Altro su finanzen.net

Renault will invest over €10 billion in France over the next five years, mainly in electric vehicles and cheaper models. Chief executive François Provost said the spending requires a permissive social and political environment. In the past five years Renault has already spent €13 billion on the shift to electromobility; production at French plants is expected to rise by at least 25% in 2026 thanks to the EV ramp-up, while new electric vehicle registrations recently reached 42%. » Altro su manager-magazin.de

Renault will invest over ten billion euros in France in the next five years, mainly in electric vehicles and more affordable cars. CEO Francois Provost stressed that the funds are conditional on a favorable social and political environment. Renault has already spent 13 billion euros on the shift to electromobility in the past five years and expects production in 2026 to increase by at least 25 percent compared with 2025. » Altro su kurier.at