Morgan Stanley has revised its price target for Renault (RNLSY), reducing it from EUR 59 to EUR 47. This decision was made by analyst Javier Martinez de Olcoz C
The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors. Companies like BYD, Great Wall, Geely and Chery Automobile are reaching outward as they…
(Bloomberg) -- Renault SA is sticking to its financial outlook for the year after the French automaker managed to grow vehicle sales in the first quarter in a d...
Renault SA is targeting annual sales of half-a-million vehicles in India by 2030 — or more than 12 times the current level — as part of a renewed push to revive its long-struggling business in the world’s third-largest car market.
Saudi Arabia’s state oil company and one of China’s main electric carmakers agreed to explore closer collaboration on new energy vehicle technology, a move that would bring the world’s biggest crude exporter and consumer together to navigate changes in mobility.
(Bloomberg) -- Renault SA and Nissan Motor Co. agreed to further loosen their long-term alliance, giving the struggling Japanese automaker greater financial flexibility as it seeks a turnaround under a new chief executive officer.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools,
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Kinetic Group has diversified into battery manufacturing amid a revival plan that will likely make the flagship company a thousand-crore enterprise by the turn of this decade.
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Nissan Motor Co is expected to struggle to find a new partner after the breakdown of its planned merger with Honda Motor Co. indicated a lack of urgency by the ailing carmaker about restoring its battered operations. Some foreign companies, particularly newcomers in the auto industry, may have been considering…
A once-envisioned historic tie-up between Honda Motor Co and Nissan Motor Co has collapsed, forcing the two major Japanese automakers to reassess their strategies to stay competitive against global electric vehicle makers. Nissan's struggles, in particular, are expected to deepen, as Japan's third-largest automaker by volume had looked to Honda,…