Stock Market Today December 18: European Lists Close Positively Awaiting Fed Meeting. Banks: Commerzbank and Unicredit Run, Banco Bpm on Parity. Auto, Renault Jumps as Spectator of Possible Honda-Nissan Merger - LIVE
The weak opening of Wall Street (but not of the Nasdaq which advances) cools the European stock markets which had been more effervescent in the morning. The exploit of Renault stands out, giving a bit of oxygen to the car. At Piazza Affari, Saipem and… shine.
Tesla Profits Up 17%, EV Sales Rise, Costs Fall. Renault Beats Revenue Expectations, Limits Sales Decline, Confirms 2024 Targets
For the French president it would be a political opportunity, for Gianni Agnelli's nephew the freedom to free himself to deal with other things. Meanwhile Stellantis stops the production of the Fiat Bev at Mirafiori for another month
Auto, a black day for the giants of the sector: the idea of joining forces to create a super hub in Europe and face Chinese competition returns. Key meetings in mid-October. Here's what's moving
The European auto sector is in deep red after Stellantis and Aston Martin's profit warnings and rumours about Renault. Stock markets all down, also weighed down by the Tokyo crash
At the beginning of June, Christie's Paris will present an exceptional auction featuring 33 works of art from the Groupe Renault art collection. These works selected from a set of 550 works by important post-war figures summarize the relationship between Renault and the world…
Overall revenues rose to 11.707 million euros, +1,8%. In the first quarter, almost 550 thousand vehicles were sold. "Historic" year for the company led by Luca De Meo with the arrival on the market of 10 models between the Renault, Dacia brands...
Renault's new proposal is designed to revolutionize the European electric car market. Produced entirely in France, it combines the iconic style of the historic R5 with modern technology at a competitive price. Here are all the details
European stock markets flat awaiting the opening of Wall Street, which remained closed on Monday on the occasion of Washington's Birthday - Only BTPs moving
Luca De Meo, Marchionne's former student, leads Renault's electric turnaround and bets on the Legend small car for less than 20 thousand euros
Renault and Nissan have renegotiated the alliance for the next 15 years. Once the framework has been defined, the final agreement will be reached by March 31st
Renault and Nissan renew partnership: French stake drops from 43% to 15%, same percentage as Nissan
Many illustrious absentees, but also many interesting innovations: from the merger with Equip Auto to the presence of major brands from China. The motto of the new edition of the Paris Motor Show is "The revolution has begun"
Excluding 2020, it was the worst April ever - Among key markets, Italy recorded the sharpest drop in the first four months of the year (-26,5%)
Renault sold 100% of the group's shares in Renault Russia and a 67,79% stake in Avtovaz to the Russian state. McDonald's said it has started the sales process. The impact on company accounts
The French group Renault records a drop in turnover of 2,7% - At Volvo, on the other hand, net profit falls and disappoints market expectations
In 2021, Renault's profit amounted to 888 million, revenues up by 6,3%. CEO De Meo "Goals exceeded despite the crisis".
The event, which replaces the Frankfurt appointment and restarts the ritual of the Salons, opens today with the inauguration of Merkel - News coming from BMW, Mercedes, Volkswagen and Renault
According to Acea data, in the first half of 2021 registrations increased by 27% compared to a year earlier, but remain 25% below the levels of 2019. The numbers of Stellantis and Renault, which publishes the…
Uwe Hochgeschurtz will join the Opel team, replacing Michael Lohscheller., architect of the rebirth of the brand. The new CEO comes from Renault
Stop petrol and diesel, only hybrid and electric cars and vans for Capgemini. Renault Truck and Enel X have signed an agreement with the aim of accelerating the development of electric mobility in the country
Renault launches the new package of solutions to facilitate home recharging, created in collaboration with Enel X. In order to accelerate the car's transition to electric technology and simplify access to recharging even at home
In the first quarter of 2021, the French giant's revenues fell by 1,1% to 10 billion - 665 vehicles sold
"All means available to the president's staff will be electric." Monday evening's announcement from the White House has clear political value in support of Joe Biden's environmental policy, in open contrast to the indications of the Trump administration. But…
The Italian manager has been CEO since 1 July and has already started a revolution: accounts still declining but with signs of recovery in sales in Europe. The electric model Zoe is booming.
The Italian manager has been CEO of the French group since 1 July and will have the arduous task of presenting an industrial plan that will relaunch a company that today has 7,3 billion in losses - From 2021 the F1 team will be called Alpine and…
In one semester, the French group more than doubled the negative performance of the entire 2009 financial year - Volkswagen also did badly, which reduced the coupon on 2019.
Today, July 1, the Milanese manager (formerly Fiat) officially takes office as president and CEO of the French car group: his long experience brings very high expectations, at a critical moment for Renault.
The French house presented the new 1,2 billion cost reduction plan. In France 4.600 redundancies but without closing a single plant, otherwise he would have to say goodbye to the government's maxi loan. In July the Italian CEO makes his debut…
The plan triggers purchases, +15% in Paris, also driven by Macron's bazooka on the car. The Alliance focuses on efficiency with 2 billion in cost savings but without cutting jobs in France: otherwise the 5 billion maxi loan of…
Spotlight on stocks of automotive companies. The loan to Fiat, the rain of billions from Macron, the expectation of the Nissan plan give wings to a sector hard hit by the crisis but which the States want to save - Here they are all…
The car rental giant throws in the towel under the blows of the pandemic which also puts Renault's survival at risk even before the Italian ex Fiat, Luca De Meo, takes the lead.
The Japanese group is reportedly evaluating heavy downsizing especially in Europe and emerging markets. Next week the strategic plans of the two houses - Shares falling on the Stock Exchange
The Italian Luca De Meo, ex Fiat, becomes the number one of the French car manufacturer after the go-ahead from the French government
The former number one of Nissan defends himself after his escape to Lebanon: "The accusations against me are false. I was detained in brutal conditions: they violated human rights"
Fifty-year-old Milanese manager Luca De Meo, who was one of the most brilliant Marchionne boys, leaves the presidency of Seta of the Volkswagen group and is one step away from leading Renault
The marriage between the two companies, which together form the second largest automotive group in the world, is in danger of falling apart after the ex-CEO arrested for tax fraud escapes from Japan
The former CEO of Nissan-Renault escaped from Japan, where he was on probation for serious financial crimes, to Lebanon, via Turkey: an international case from which it is unlikely he will emerge.
Twist in the judicial case of the ex-President Nissan. He fled to Lebanon because he, he claims, was a victim of injustice and political persecution in Japan
China supports the market rally but Hong Kong is on fire - De Meo (formerly Fiat) towards the leadership of Renault - Latest negotiations between Mediaset and Vivendi for pax television - Mattarella this morning at the celebration of…
The sharp slowdown in the Chinese economy and Renault's profit warning weigh on the stock markets - Piazza Affari limits the damage but Moncler, Leonardo, Pirelli and FCA pay the penalty - Nexi, Bper, Unipolsai and Hera bucking the trend.
After Renault's warning, FCA also loses share - A restless weekend between Barcelona, Hong Kong and the vote on Brexit in London - Terna and Saipem bucking the trend in Milan
The French company has lowered its budget targets for 2019 due to a "less favorable economic environment than expected and in the face of a regulatory framework that requires ever higher costs" - Pesano Turkey and Argentina
The board of directors of the French car manufacturer has removed the manager from his duties with immediate effect - Bolloré: "Clamorous and disturbing coup" - In his place the former CFO Delbos who becomes CEO ad interim
Nissan's number one forced to resign after receiving accusations of alleged financial irregularities - His exit from the scene could revive the merger hypothesis between FCA and Renault.
"With Renault there may be overlaps in compact cars, but FCA offers the French the added value of the premium," said the general secretary of Fim Cisl in an interview with Il Giornale.
According to the Wall Street Journal, Nissan and Renault are trying to renegotiate their alliance in order to reopen the way for the merger with Fiat Chrysler - Nissan's profit slump prompts the reopening of the match with FCA
Hiroto Saikawa, CEO of Nissan, said that "the system of cross-shareholdings" needs to be reviewed - The assembly approves the new governance, green light also from Renault
Nissan gives in to Renault's requests and grants its top management two seats on internal committees - The salvation of the alliance is also good news for FCA in view of a possible reopening of merger negotiations
This was revealed by the Financial Times which underlines how the agreement between Renault and Nissan on governance is a fundamental step for the restart of talks with FCA
The two car manufacturers have restarted talks to assess whether there are conditions for a short-term relaunch of the merger project but much depends on the French state and also on Nissan
The private equity fund KKR has launched the most important takeover bid in European publishing: it wants Springer's empire - In France, Renault regrets FCA - Boom of BTP requests 20
At the Renault meeting, CEO Senard defends the merger project with FCA ("I can't get it out of my head") and reveals that it was suggested to him by Minister La Maire
Thousands protest in Hong Kong against the extradition law - Trump returns ambiguous on the tariff negotiations with China - Hot Assembly for Renault
Despite Elkann's step back, the economy minister returns to the FCA-Renault merger project, calling it "a good opportunity" - According to Reuters, the two manufacturers are apparently looking for a way to reopen negotiations and get Nissan's OK - FCA…
Berlusconi's superholding under examination by the stock exchanges, while the dispute between Renault and Nissan breaks out over the structure of the Japanese group - Truce on tariffs after the US-Mexico agreement
High-voltage assembly on Wednesday for Renault after the failure of the merger with FCA: it is not excluded that the president Senard, who is very much in favor of the agreement with Elkann, could resign
The leader of Fim Cisl comments on the failed merger between the two automotive groups: "The French are nationalists, but the disinterest of Di Maio and Conte has unbalanced the negotiation. But it's not over. There will be consolidations in the car industry".
The FCA-Renault negotiation has been off for now, but it's not the first time that Lingotto has flirted with the French car industry: the first was the Avvocato back in the 30s.
The breakdown of the merger between FCA and Renault is also felt on the stock exchange but those who pay the price are above all the French - The markets, all positive, await Draghi's go-ahead for the new TLTRO to…
Exor puts its hands forward and warns the French:: "Don't blame the Japanese: it is France that made the merger fail" - Today the ECB Directory on TLTRO
Twist in the night: faced with the delays of the French president and government, FCA withdraws the merger proposal - Skip the wedding of the year for now
Powell ready to cut rates if the tariff war puts US growth at risk - Draghi speaks tomorrow, but the EU infringement procedure is pending on Italy - Renault board of directors updated to date
The Internet giants enter the sights of the US authorities and collapse on the stock market - Today the Renault board of directors on the merger with FCA, but Nissan does not decide - Conte tries to protect the BTPs
The European lists mitigate the losses and observe the fibrillation in the EU and the mine Trump visiting the UK. Nissan sets stakes: "If FCA enters, the alliance with Renault needs to be reviewed" - Fusion in the car in the spotlight -…
INTERVIEW WITH GIUSEPPE BERTA, economics historian at Bocconi - "Fca could not remain alone and the alternative to the alliance with Renault was outright selling: Exor chose the merger and it is a positive choice but for our country…
The Fim-Cisl leader presented his book against technophobia at the Festival of Economy and confirmed his opening of credit to the FCA-Renault operation
The CEO of FCA collected 3,5 million dollars - The sale has no correlation with the merger with Renault, sources close to the dossier explain - The CEO of Nissan, an ally of the French: "I want to meet Elkann"
Nissan's CEO: "The merger could be a good opportunity, but I want to evaluate it better" - Beijing threatens to block exports of rare earths - Weidmann's shadow over the ECB - Moscovici brakes on sanctions against Italy
The French Economy Minister asks for some guarantees, but underlines that the possibility of a merger is a good opportunity, especially in view of the upcoming challenges imposed by the market
The merger in the car industry is also popular in Japan, but it will take a year for the Antitrust go-ahead - Piazza Affari fears EU torpedoes on public finances while the Italian spread approaches the Greek one
Speaking at Bocconi for the assignment of the chair named after Avvocato Agnelli, the president of FCA commented on the Renault operation and suggested that universities and companies "get closer and closer".
Cumulative global revenue exceeds $150 billion across two very different types of shareholders. FCA is completely private and almost a third is American, while Renault still retains a strong presence of the French state and…
Day of hikes in Europe - In Milan, worries about the rise of the League take a back seat to the bombshell news from FCA - The stock on the shields in Piazza Affari drags Exor and sends the…
The operation would be 50% and would not involve any plant closures in Italy - The annual synergies are estimated at over 5 billion a year - The Renault board of directors "will evaluate the opportunity with interest" - The French government is "quite in favor "…
According to rumors reported by the Financial Times, there would be a marriage in sight between the Italian-American and the French-Japanese giant, which would give life to the largest car manufacturer in the world - No comment from Lingotto but Elkann is in Bocconi on Monday.
While awaiting US GDP and the S&P verdict, European lists remain cautious - Good demand for the Bot auction - The possible Nissan-Renault wedding and the EssilorLuxottica disputes under the spotlight of investors - Telecom Italia in rally…
After the Ghosn case, the French company wants to set aside the disputes over the shareholding of the two companies, which have already been allies for years, and reassure investors about the accounts of the Japanese group
According to the Financial Times, once the balance with Nissan is reviewed, the French group could reopen to a possible merger with Fiat Chrysler - Two years ago Ghosn had already moved in this direction, but the Paris government…
Two months after his arrest in Japan, the resignation of the CEO of the French company and former number one of the Renault-Nissan alliance Mitsubishi Motors overwhelmed by tax evasion allegations arrived on Wednesday evening
For the now former number one of the Renault-Nissan-Mitsubishi alliance, bail seemed close, but new allegations are emerging
The first day of subscriptions of the new Btp Italia was disappointing while the spread rose to 320 and the stock markets went into the red under the blows of Apple and the car, overwhelmed by the Ghosn scandal - Record debut for Tim…
The president and CEO of the Renault-Nissan-Mitsubishi alliance allegedly failed to declare a few hundred million yen collected as company salary - Nissan confirms: "Numerous acts of misconduct, he will be fired" - Automaker stocks plunge
Last month, new car registrations in European countries decreased by 5,2% on an annual basis, while those of the FCA group fell by 8% - Balza Psa with Opel (+59,8%), Volkswagen remains stable ( -0,04) - Renault lose ground…
The Renault-Nissan-Mitsubishi alliance is the world leader in the BEV sector and the new component guarantees the improvement of the battery temperature regulation circuit, increasing its efficiency and duration.
In August, 903.143 new passenger cars were registered in the Old Continent, up 5,5% compared to the same month last year - In the same period, Fiat Chrysler achieved 9,8% year-on-year growth, to 52.662 units .
With the sale of about 4,5% of the energy group Engie, France has launched a vast and ambitious privatization plan, or rather the sale of shareholdings (or part of the shareholdings, as happened precisely with…
Beat the competition from the Volkswagen group in the first half of the year: 5,3 million registrations against 5,2 - The acceleration in turnover was mainly concentrated in China
At Opel, CEO Neumann resigned due to misunderstandings with Carlos Tavares, the number one of PSA, the French group that will formalize the purchase of the German company by the autumn: he is replaced by Lohscheller - Movements at the top also at home…
Registrations soar after the drop recorded in April - The Fiat brand marked a 10,8% increase in sales last month - Volkswagen +7% and Renault +6,46% - PSA boom: 23,1%.
Dieselgate is always holding the court: FCA is in the sights, which today recovers in the stock market after the thud on Thursday, and now also the French Renault - Also Borsa, Popolari, Fininvest and weather in the compilation of the day.
After yesterday's collapse, FCA today gains 4,61% on Piazza Affari but loses ground on Wall Street - Now Renault is in the eye of the storm - Ubi's new exploit, after the purchase of three Goods for one euro Banks,…
After the maxi-Volkswagen emissions scandal, the French government has carried out 11 months of investigations into car emissions and those of Renault have proved particularly controversial - The stock falls on the stock market
In September, registrations in the EU and EFTA countries increased by 7,3% over the year - FCA instead scored +14,2% - Renault (+18,7%) and Daimler (+17,9), did even better XNUMX%)
According to the Financial Times, a study prepared by the French government (which owns about 20% of the automaker) would have omitted significant details on how the group's diesel vehicles would have reduced gas emissions.
"It is a market that is about to explode and in which we want to be present and competitive, beyond the Chinese government incentives", said Carlos Ghosn, the CEO of the two allied automotive groups, inaugurating the new plant in China - The car…
In the morning, the Minister of the Environment Segolene Royal had announced that the recalled cars (before being marketed) will be around 15.000, but according to the economic site of the French economic newspaper, there should be many more counting those in circulation.
The cars will be checked before being put up for sale - A "technical plan" will arrive in the coming weeks to reduce the difference between the real emissions of diesel cars and those envisaged by the homologation standards.
The French government admits that some Renault vehicles do not comply with the limits on CO2 and nitrogen oxide emissions, but denies that there has been fraud: unlike the Volkswagen Dieselgate, there would be no illegal software - Here is the…
