RENAULT S.A. : disclosure of trading in own shares carried out from May 15 to May 20, 2026 Boulogne-Billancourt, May 22, 2026 In accordance with applicable regulations relating to share buybacks, Renault S.A.
The Spanish unit of Renault said on Thursday it was suspending its plans to allocate new vehicles to be manufactured in Spain after not reaching an agreement with unions, opening the door to choosing other countries for its production.
Revenue rose 8.8% at constant exchange rates, while the carmaker said it was taking additional steps to mitigate the potential impact of the Middle East conflict.
French automaker Renault on Thursday said first-quarter sales rose 7.3% from a year earlier, well above expectations, as a jump in sales to partners including Nissan 7201.TO and China's Geely more than offset a disruption in production for its low-cost Dacia brand.
Renault SA will cut engineering staff by between 15% and 20% over the next two years, a spokesperson said on Tuesday, in a bid to improve agility and become more robust.
The European car industry is turning to defense manufacturing to boost struggling sales. Many of the skills involved are highly transferable, according to analysts.