$RNO-FR News

Last published 1mo ago

1mo agoRNO-FR FAU-FF STLA VSA2-FF+1Stellantis CEO urges incentives for carmakers who build in Europe as Chinese rivals gain groundCNBCStellantis' CEO urged European regulators to create incentives for carmakers to manufacture vehicles in the region amid competition from Chinese rivals.
6mo agoBYDDF 1211-HK RNO-FRBYD draws EU scrutiny over labor abuse allegations at Hungary factoryCNBCBYD has come under scrutiny from European lawmakers after a watchdog report alleged harsh working conditions at its Hungary plant.
9mo agoRNO-FR BMW-DE VOW3-DE'A day of celebration': What the blockbuster EU-India trade deal means for auto giantsCNBCA landmark trade deal between the European Union and India has been lauded as a major breakthrough for Europe's biggest carmakers.
11mo agoVOW3-DE BMW-DE RACE-IT RNO-FREurope poised to water down landmark 2035 ban on new diesel and gasoline carsCNBCAnalysts have questioned whether the move will do much to shore up the region's competitiveness in the long run.
1y agoNVDA AMZN .SPX .IXIC+5CNBC Daily Open: Outside AI, the market isn't looking that hotCNBCEven as the S&P 500 and Nasdaq Composite rose on the back of the tech behemoths, more than 300 stocks in the broad-based index ended the day lower.
1y ago745-SZ RNO-FR MBG-DE STLA+6Auto giants rally as China says it will consider exemptions for Nexperia chip exportsCNBCA standoff between the Netherlands and China over chipmaker Nexperia had prompted auto giants to warn of production outages.
1y agoZE594-CN TSLA 1211-HK STLA+5Tesla sales plunge 40% in Europe as Chinese EV rival BYD's tripleCNBCTesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.
1y agoTSLA VOW3-DE BMW-DE STLA+1How China’s electric vehicle juggernaut is reshaping the global car marketCNBCThe speed of China's electric vehicle revolution has caught many off guard.
1y agoTSLA VOW3-DE STLA RNO-FRTesla loses market share in Europe for sixth straight month as competition growsCNBCIt wasn't just Tesla that reported a drop in new car registrations in June, however. Europe's four best-selling automakers all sold fewer cars.
1y agoRNO-FRRenault shares plunge 17% after French carmaker lowers guidance, appoints new interim CEOCNBCRenault has lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.
1y agoGM F STLA RNO-FR+3China extends an olive branch to Western auto giants over rare earth shortageCNBCChina appears to have offered U.S. and European auto giants something of a reprieve over a rare earth shortage.
1y agoNSANY 7267.T-JP RNO-FR HYUO-GB+2Nissan could face cost-cutting 'carnage' in Honda merger, Carlos Ghosn saysCNBC"There is practically no complementarity here," the former auto industry chief told CNBC.
2y agoRNO-FR 7201.T-JP 8058.T-JP TSLA+3Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AICNBCWeRide said it is the only company which has driverless permits from the U.S., China, UAE and Singapore, and plans to enter more markets.
3y agoNSANY TSLA RNO-FRNissan says all new models launched in Europe will be fully electricCNBCThe Japanese carmarker said all new models it launches in Europe will be fully electric, as it reaffirmed an aim for all-electric Europe sales by 2030.
3y agoFR-FR VOWB-FF RNO-FR BMW-FF+1'We are ready to engage': Europe's biggest carmakers brace for China's EV challengeCNBCEurope's biggest car manufacturers are wary of the competitive threat posed by new Chinese companies, as the industry moves towards electrification.
3y agoRNO-FR TSLA FRenault CEO questions wisdom of electric vehicle price cutsCNBC"The last thing I'm going to do is to compromise on the margins ... of electric cars," Renault CEO Luca de Meo told CNBC.
3y agoRNO-FR ENGI-FR RNO-FR/ENGI-FR/+1Renault wants to use water from depths of 4,000 meters to supply heat to an old production plantCNBCDrilling work on the project will start in late 2023, according to the French automotive giant.
4y agoSTLA STLA-IT RNO-FR RNO-FR/+2Autos giant Renault is betting the market for gasoline cars will continue to growCNBCThierry Pieton's comments came during an interview with CNBC in Paris.
4y agoGOOGL RNO-FR RNO-FR/GOOGL/Renault and Google team up to develop a 'software defined' vehicleCNBCThe deal will help Renault develop new onboard and offboard applications, the companies said.
4y ago.FKRX300 VOW3-DE BMW-DE 7203.T-JP+1Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 milesCNBCRenault's idea of developing a passenger vehicle that uses hydrogen technology is not unique.
4y agoEUR .DXY AF-FR AC-FR+1It’s the French election this weekend — here’s what Wall Street expects to happenCNBCThe outcome is far from certain, according to Wall Street, which is predicting potential market shocks in the case of a Le Pen victory.
4y agoRNO-FR .FKRX300 GM F+1Renault, Hyundai and VW have most exposure to Russian car marketCNBCRenault Group accounts for 39.5% of the country's vehicle production, followed by South Korea-based Hyundai Group at 27.2%, according to IHS Markit.
4y agoRNO-FRRenault expects to make 300,000 fewer cars in 2022 as global chip shortage rumbles onCNBCRenault expects to make 300,000 fewer units in 2022 than it potentially could have as a result of the ongoing global chip shortage.
4y agoAAPL HPQ CSCO 992-HK+36Morgan Stanley picks 'regional champions' and stocks most pressured by the supply chain crisisCNBCThis year's supply chain crisis has hit companies hard as bottlenecks built up and industrial production failed to meet a post-pandemic spike in demand.
4y ago7201.T-JP BMW3-FF VOW3-DE 7203.T-JP+3Nissan to invest $17.6 billion over next five years to ramp up electric vehicle offeringCNBCNissan CEO Makoto Uchida says the company is focusing on the in-house development of all-solid-state batteries.
5y agoVOW3-DE 8TI-FF RNO-FR GM+3The global chip shortage is continuing to wreak havoc for the car giantsCNBCVolkswagen and Stellantis said Thursday that the ongoing semiconductor shortage remains a major problem for them.
5y agoVOW3-DE RNO-FR 6752.T-JP 7203.T-JP+1BMW secures funding for EV battery aiming to rival range of a traditional engineCNBCProject is one of four to receive funding via the Advanced Propulsion Centre Collaborative Research and Development competition.
5y agoVOW3-DE 7201.T-JP RNO-FR TSLAPlans for huge new gigafactory in England take shape, as countries ramp up battery-making capacityCNBCFactory would be built in a part of England known for its longstanding connection to vehicle manufacturing.
5y agoVOW3-DE 8TI-FF RNO-FR VOLV.B-SEVolkswagen wants half of its vehicle sales to be electric by 2030CNBCHalf of Volkswagen's sales are expected to be battery-electric vehicles by 2030, the German carmaker said Tuesday.
5y agoVOW3-DE C CHPT TSLA+5Volkswagen to sell stake in charging unit Electrify AmericaCNBCVolkswagen is working with Citi to look for a co-investor that is prepared to inject roughly $1 billion into the division.
5y agoTSLA RNO-FR VOW3-DE 7201.T-JPNissan announces plans to build EV battery 'gigafactory' in UKCNBCNissan on Thursday announced plans to build a £1 billion ($1.38 billion) gigafactory in Sunderland, U.K, in a major boost to the country's electric vehicle plans.
5y agoVOW3-DE CAP-FR SU-FR RNO-FRRenault inks gigafactory deals with Chinese and French firmsCNBCAutomaker is not unique in focusing on the production of batteries for electric vehicles.
5y agoVOLV.B-SE RNO-FR DAI-DEJaguar Land Rover, Daimler production scaled back due to global chip shortageCNBCThe global chip shortage is continuing to wreak havoc at some of the world's biggest carmakers including Jaguar Land Rover, Mercedes, and Renault.
5y ago7201.T-JP RNO-FR 8058.T-JPNissan's COO says its post-Ghosn turnaround plan is on track to hit targets a year ahead of scheduleCNBCNissan is making significant progress on a global restructuring plan as it unwinds initiatives of its former leader-turned-international fugitive Carlos Ghosn.
5y agoRNO-FR TSLA DAI-DE VOW3-DEPublic cash must now tackle buyer anxieties over electric vehicles, Renault saysCNBCRenault's deputy CEO, Clotilde Delbos, spoke to CNBC on Thursday.
5y agoTSLA RNO-FR VOW3-DETesla losing ground in Europe should trouble investors, strategist saysCNBCTesla has been ceding ground in Europe, with its Model 3 only the fourth-best selling pure electric vehicle (EV) on the continent in November.
6y agoRNO-FR JAGXEx-Nissan boss Carlos Ghosn launches business program to revive Lebanon's struggling economyCNBCCarlos Ghosn, the scandal-hitformer Nissan CEO who fled trial in Japan, is launching a business training program to help spark economic recovery in his native, crisis-hit Lebanon.
6y agoENEL-IT RWE-DE IBE-ES EDP-PT+15Goldman Sachs picks 20 stocks to ride Europe's push toward a greener futureCNBCThe European Union's landmark plan to become climate-neutral by 2050 promises to overhaul the bloc's economy, and 20 regional companies are well placed to capitalize on these changes, according to Goldman Sachs.
6y agoRNO-FR6 things Nissan's CEO thinks about his company, and the car industry right nowCNBCNissan's CEO Makoto Uchida spoke to CNBC on Wednesday on a wide range of topics, from Brexit to rebuilding investor trust in the company after the controversial departure of Nissan's former CEO Carlos Ghosn.
6y agoFER-ES RNO-FR BMW-DE DAI-DERenault and Ferrovial expand electric car-sharing service to ParisCNBCThe service, called Zity, will be rolled out in the French capital next month.
6y agoF FCA-IT RNO-FR GM+3Coronavirus damages China's auto industry as outbreak worsensCNBCThe extended factory shutdown in China is costing automakers that have idled plants as the government tries to contain the virus outbreak.
6y agoRNO-FREx-Nissan boss Carlos Ghosn claims Japanese prosecutors leaked false information, hid evidenceCNBCDays after fleeing Japan, the 65-year-old auto executive gave an internationally broadcast news conference in Beirut.
6y agoRNO-FRFugitive ex-Nissan Chairman Carlos Ghosn says he fled Japan to escape 'injustice'CNBC"I am now in Lebanon and will no longer be held hostage by a rigged Japanese justice system," former Nissan Chairman Carlos Ghosn said in a statement.