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RENA.PA - Renault S.A.

Discussion in 'International Stock Markets' started by jolmarq, Sep 6, 2020.

  1. jolmarq

    jolmarq New Member

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    Groupe Renault is a French multinational automobile manufacturer established in 1899. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles, bumping Volkswagen AG off the top spot.

    Renault markets its products under five marques:
    • Renault
    • Lada (Russia)
    • Dacia
    • Renault Samsung Motors (South Korea)
    • Alpine
    Renault has a 43.4% controlling stake in Nissan of Japan, and a 1.55% stake in Daimler AG of Germany (since 2012, Renault manufactures engines for the Daimler's Mercedes A-Class and B-Class cars[15]). Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault has various joint ventures, including Oyak-Renault (Turkey), Renault Pars (Iran).

    Together Renault and Nissan invested €4 billion (US$5.16 billion) in eight electric vehicles over three to four years beginning in 2011.[16] Since the launch of the Renault electric program, the Group has sold more than 273,000 electric vehicles worldwide through December 2019.

    Renault is known for its role in motor sport, particularly rallying, Formula 1 and Formula E.

    Sales per region in 2019 (source: www.marketscreener.com)
    EUR (in Million)

    Europe 22,935 41.3%
    France 13,581 24.5%
    Eurasia 7,421 13.4%
    Africa, Middle East,
    India & Asia Pacific 7,038 12.7%
    Americas 4,435 8%
    China 127.00 0.2%

    Since july 2020 Luca de Meo, who used to run competitor's Volkswagen's Seat brand, is the new CEO of Renault Groupe.
     
    #1 jolmarq, Sep 6, 2020
    Last edited: Sep 6, 2020
  2. jolmarq

    jolmarq New Member

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    Renault Unveils Brand-Focused Revamp to Help Spur Turnaround
    Renault SA announced a new corporate structure pegged to four brands in the first attempt by Chief Executive Officer Luca de Meo to turn around the struggling automaker.

    Alongside Renault, Dacia and Alpine, a fourth business unit will be formed for new mobility, according to a statement Thursday. Top executives will run each operation, with de Meo heading up the flagship Renault marque.

    The CEO officially took the reins in July just before Renault reported a record 7.3 billion-euro ($8.6 billion) first-half loss due to the pandemic and mounting difficulties at its partner, Nissan Motor Co. The carmakers are regrouping from a two-decade era of aggressive expansion under their former leader Carlos Ghosn. His downfall and their subsequent downward spiral have put pressure on their global alliance, which also includes Mitsubishi Motors Corp.

    The Renault revamp reflects a switch from “a search for volume to a search for value and profitability,” de Meo said. The changes will “make it possible to work in a simpler way, more oriented to the markets and customers.”
     
  3. jolmarq

    jolmarq New Member

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    Renault Managed To Beat Tesla In European Sales

    Electric vehicle sales accounted for 18 percent of the total auto sales in Europe in July.

    Tesla, Inc. (NASDAQ: TSLA) seems to be losing ground in Europe. Its sales cratered by 76 percent to just 1050 sales in July. Meanwhile, Renault SA (OTC: RNLSY) dominated Europe's July EV sales party.
     
  4. A55

    A55 Well-Known Member

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  5. jolmarq

    jolmarq New Member

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    Seems like Luca de Meo wants to develope the Alpine sports car brand renaming the F1 team with it. Curently Alpine has only one model, so increasing a little this branch could be a good profit booster and could help to improve the Renault Group image overall.


    Renault to be rebranded as Alpine for 2021 F1 season
    Following the appointment of new Renault Group CEO Luca de Meo earlier this year, the French marque has undergone a review of its various brands, including its Alpine arm.

    Renault officially announced on Sunday ahead of the Italian Grand Prix that its F1 operation would be known as Alpine F1 Team from the 2021.

    Alpine has a tradition in sports car racing, and has most recently been present in the FIA World Endurance Championship in the LMP2 class, revising chassis from Oreca for its Signatech Alpine.

    De Meo said in a press conference on Sunday that Renault wanted to put Alpine at the middle of the motorsport business.

    “We will use F1 as a platform to market a brand that we want to develop in the house.

    “Even if Renault is a glorious brand, the fit of Alpine in the F1 world will be even better.”


    Alpine rebranding not based on nostalgia, says Renault boss
    "Nostalgia is okay, but I think we need to look at the future. So we need to think in a different way, and use Alpine to build the future: not looking at 60 years ago or 50 years ago.

    "If there is a fit, if there is a business opportunity because that's what we're trying to do right now, then it is to kind of change a little bit the approach to the [Alpine] story."

    De Meo believes that the rebranding of the Renault F1 team will go far beyond just a change of name, as he thinks it will help lead the way for boosting the automotive business.

    "We want to see results sooner here [in F1], then what we will be able to see in the [Alpine] company," he said.

    "I think the Alpine spirit will give it let's say a boost. And I also know that even if Renault is a glorious brand, I think that the fit within the Formula 1 world of Alpine is even better. It can be even better.

    "I am a big believer that Formula 1 should be a championship of constructors with brands that make people dream, with the connection possibly between racing on Sunday and selling on Monday.

    "So with a connection that the customer can touch in the street: looking at Ferraris, Mercedes, and some glorious names like Williams. And Aston Martin next year It's good for the sport."

    Although Alpine currently produces just one road car model, de Meo wants to use the F1 platform as the centrepiece for a push to enhance and expand what the company can offer.

    He believes that any business boost as a result of the F1 rebrand will make it far more obvious exactly what contribution the grand prix efforts make to the Renault Group.
     
  6. jolmarq

    jolmarq New Member

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  7. jolmarq

    jolmarq New Member

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    Nissan Will Provide Automated Driving Technology in All Future Models
    Japanese automaker Nissan (OTC:NSANY) announced on Thursday that it will include automated driving features in all of its future models, regardless of price.

    In an ambitious three-year plan, the company expects to roll out 20 new models by 2023, all of which will feature some level of automated driving capability. The move comes as competition heats up among automakers of all sizes to implement advanced technology like long-range batteries, automated driving, and heads-up displays.
     
  8. A55

    A55 Well-Known Member

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  9. SIROP01

    SIROP01 New Member

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    Guys! There are cars and it's Renault, speaking of the classic. Renault is developing quite fast compared to previous years and increasingly tends towards a modern still. The engines are good, that's the most important thing.
     
  10. jolmarq

    jolmarq New Member

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