Renault Stock News

Stellantis Chairman John Elkann on Thursday denied there was any truth to rumours that the company is in merger talks with fellow European automaker Renault.

The group—which holds 35.71% of Nissan's share capital—said the hit included the impairments and restructuring costs necessary for the Japanese automaker's turnaround.

PRESS RELEASE May 9, 2025 RENAULT GROUP STRENGTHENS VALUE SHARING THROUGH EMPLOYEE SHARE OWNERSHIP  With the 4 th edition of its employee share ownership plan, Renaulution Shareplan, Renault Group reaffirms its ambition to build an inclusive and participative company model. As of December 31, 2024, employees held 5.63% of the company's share capital.

Stellantis Chairman John Elkann and Renault CEO Luca de Meo urged the European Union to adopt more favourable rules for small cars, warning that the declining profitability of small cars could force plant closures without changes.

I remain a bull on Renault SA; its risk-reward is attractive, with solid upside potential and modest downside risks. Renault's recent agreement with Nissan suggests that there are opportunities for a cash windfall from stake reduction and further expansion in the Indian market. Renault's downside is mitigated by its diverse geographical mix and strong revenue visibility.

Renault's two factories and Stellantis' three plants in Spain are gradually resuming production after they were impacted by the massive power outage that hit Spain and Portugal on Monday.

France's Europlasma said on Friday its offer for a foundry in Brittany, formerly owned by automaker Renault , had been accepted by a court overseeing the insolvent plant, and that it would diversify production into the defence sector and other industries.

Renault posted a drop in revenue for both its car division and the overall group despite an uptick in sales, and backed its full-year guidance.