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Renault SA (RENA.PA)

RENA.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Renault signs a new joint venture in Iran
Monday, 7 Aug 2017 05:50am EDT 

Aug 7 (Reuters) - Renault ::RENAULT SA - GROUPE RENAULT SIGNS A NEW JOINT VENTURE IN IRAN.GROUPE RENAULT, IDRO AND PARTO NEGIN NASEH CO ANNOUNCE THE CREATION OF A NEW JOINT VENTURE COMPANY IN IRAN.RENAULT WILL BE THE MAJORITY SHAREHOLDER OF JV.SAYS SIGNING OF THIS NEW JOINT VENTURE REINFORCES STRATEGIC CHOICES WE HAVE MADE IN IRAN AND WILL OPEN NEW PERSPECTIVES IN A 2 MILLION VEHICLE MARKET PROJECTED IN 2020.PROPOSED JOINT VENTURE COMPANY WILL INCLUDE A PLANT WITH AN INITIAL PRODUCTION CAPACITY OF 150,000 VEHICLES A YEAR.  Full Article

French car registrations up 10.93 percent in July - ccfa
Monday, 31 Jul 2017 08:58pm EDT 

Aug 1 (Reuters) - Renault Sa :French car registrations +10.93 percent to 147,523 in July; psa +12.71 percent, renault +13.08 percent .Over the first seven months of 2017, a total of 1,282,790 new private cars were registered, an increase of 3.83 percent.  Full Article

Renault teams with Microsoft and VISEO on digital car maintenance book prototype‍​
Tuesday, 25 Jul 2017 04:14am EDT 

July 25 (Reuters) - RENAULT ::GROUPE RENAULT TEAMS WITH MICROSOFT AND VISEO TO CREATE DIGITAL CAR MAINTENANCE BOOK PROTOTYPE‍​.  Full Article

Romanian carmaker Dacia recalls 2,032 cars to fix horn issue
Wednesday, 12 Jul 2017 07:30am EDT 

BUCHAREST, July 12 (Reuters) - Romania’s agency for consumer protection (ANPC):Says carmaker Dacia, owned by French Renault RENA.PA is recalling 2,032 Duster SUVs in Romania to fix an issue with the horn's electric wiring. .Says Dacia has identified the possibility of incorrect sizing of the horn's electrical wire system which could cause loss of function or smoke..Says issue fix would take about an hour per car..  Full Article

Renault and Sanef cooperate on solutions for autonomous vehicles
Monday, 10 Jul 2017 05:15am EDT 

July 10 (Reuters) - RENAULT ::GROUPE RENAULT AND SANEF ANNOUNCE THEIR COOPERATION IN THE DEVELOPMENT OF ADVANCED SOLUTIONS FOR AUTONOMOUS VEHICLES.EXPERIMENTS ARE CURRENTLY BEING CARRIED OUT TO STUDY THE PASS-THROUGH OF TOLL BARRIERS AND WORK ZONES BY AUTONOMOUS VEHICLES.‍​.  Full Article

Renault Nissan confirms synergy target for 2018
Friday, 7 Jul 2017 02:27am EDT 

July 7 (Reuters) - Renault Sa :Renault-Nissan alliance confirms annual synergies rise 16% to €5 billion in 2016.Renault nissan confirms alliance on track to deliver synergies of at least €5.5 billion in 2018.  Full Article

French environment minister envisages end to sales of diesel and petrol cars by 2040
Thursday, 6 Jul 2017 06:05am EDT 

July 6 (Reuters) - Briefing by French environment minister Nicolas Hulot::* Hulot says the French government is envisaging an end to the sales of diesel and petrol cars by 2040.* Authorities across Europe are looking to raise taxes on diesel vehicles that are more polluting than originally thought, and ban or restrict their use in some cities nL8N1I73L4.* Sales of diesel cars have been falling since a Volkswagen diesel emissions scandal back in 2015, but have dropped faster after some cities, including Stuttgart and Munich, said they were considering banning some diesel vehicles, blaming emissions for a rise in respiratory disease. nL8N1JB2J8.  Full Article

Renault confirms new deal with Brilliance China Automotive
Wednesday, 5 Jul 2017 12:46am EDT 

PARIS, July 5 (Reuters) - Renault ::* Renault and Brilliance China Automotive Holdings Limited (CBA) have signed a binding framework cooperation agreement related to the formation of a joint venture in China dedicated to the manufacture and sale of light commercial vehicles (LCV).* Groupe Renault will purchase from CBA a 49% equity interest in Shenyang Brilliance JinBei Automobile Co., Ltd. (SBJ) with SBJ being restructured into a joint venture company owned by CBA (51%) and Groupe Renault (49%)..* Project will facilitate the common development of LCV business in China by Groupe Renault and CBA..* "As a top global automotive company, Groupe Renault is entering into a promising and high potential Chinese LCV market which accounts for upwards of 3 million vehicles per year. By joining hands with CBA, Groupe Renault aims to become a major LCV player in China. We will bring our management expertise and know-how on the products and technology," said Carlos Ghosn, Chairman and CEO of Renault, in a statement.  Full Article

Sogeclair's Oktal and Renault found AVS joint venture
Tuesday, 4 Jul 2017 12:00pm EDT 

July 4 (Reuters) - SOGECLAIR SA :REG-SOGECLAIR : SOGECLAIR'S SUBSIDIARY, OKTAL SAS, AND RENAULT FOUND AVS SAS, A SIMULATION JOINT VENTURE.‍GROUPE RENAULT WILL ACQUIRE A 35 PERCENT STAKE IN A NEW JOINT VENTURE​.‍OKTAL, A SUBSIDIARY OF SOGECLAIR, WHICH WILL HOLD A 65% STAKE​.  Full Article

Head of French car association raises target for French new car sales in 2017
Monday, 3 Jul 2017 03:16am EDT 

July 3 (Reuters) - French car sales::Head of French car association raises target for growth in French car market in 2017.Head of French car association says now sees 3-4 percent rise in French new car sales this year, versus earlier target of 2 percent rise.French car registrations rose by 1.58 percent in June to 230,945, according to industry data published on Saturday by the CCFA automobile association.  Full Article

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Factbox: Automakers get serious about electric cars

Volkswagen's leaders on Friday approved a five-year spending plan that aims to further the German carmaker's goal of transforming itself into a leading force in electric cars.