Tag: $Renault

Shares of French carmaker Renault plunged as much as 17% on Wednesday after the company lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.

Nissan Motor (7201.T), CEO Ivan Espinosa said the automaker plans to reduce its stake in French partner Renault (RENA.PA), the Nikkei business newspaper reported on Monday.

Japanese carmaker Nissan (7201.T), opens new tab will buy back 5% of its own shares from its French partner Renault (RENA.PA), opens new tab, the companies said on Thursday.

Shares of French carmaker Renault rose 7% in Thursday morning trade on news of a significantly higher dividend.

TOKYO/PARIS, July 26 (Reuters) – Nissan will invest up to $663 million in Renault’s (RENA.PA) new electric vehicle unit, the automakers said on Wednesday, as they finalised terms of their restructured partnership after months of negotiation clouded by tension.

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Renault’s new Mobilize unit is in advanced talks with a major European retailer to provide charging boxes for electric vehicles, a Mobilize spokesperson told Reuters on Wednesday.