Renault Stock News

Renault Group has agreed to sell Alpine Racing ​SAS, the Formula One ‌engine operation at its historic Viry-Châtillon site near Paris, to ​Belgian powertrain specialist Dumarey ​Group, preserving 150 jobs after ⁠the French carmaker decided in ​2024 to end its ​works F1 engine programme.

Renault Group ​will invest more than €10 billion ($11 billion) in ‌France over the next five years in electric vehicles and more affordable cars, Chief Executive François Provost said on Saturday.

Automakers Renault and ​Geely said on Tuesday they ‌will make a new €319 million investment in Brazil, through their joint venture, reinforcing ​their industrial partnership in the ​largest Latin American market, where rival ⁠BYD has been gaining ground with ​its affordable pure electric and plug-in ​hybrid models.

Renault on Thursday unveiled its new Niagara pickup truck, a model that would look out of ​place on the streets of Paris but is central ‌to the French automaker's growth strategy in Latin America.

Renault reaffirmed its full-year outlook and said cost-cutting efforts were bearing fruit after reporting revenue growth in the first half of the year.

Renault posted a 9.4% rise in first-half revenue on Wednesday and swung back to profit thanks to strong electric vehicle sales, ​as it withstood growing pressure from incumbent rivals and Chinese newcomers ‌on car prices across Europe.

Renault swung back to a profit in ​the first half of ‌2026 versus a large one-off loss in the same period ​last year, with ​electric vehicle sales up sharply ⁠despite intense competition from ​expanding Chinese brands.