Renault SA
Autos giant Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant. On Tuesday, it was announced that the Renault Group and Chinese firm Geely had signed a non-binding framework agreement to establish a company focused on […]
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Renault and Google crew up to produce a ‘software defined’ auto
Facts of Renault’s Scénic Vision notion vehicle had been offered to the community on May 19, 2022. The firm’s thought of acquiring a passenger car or truck that takes advantage of hydrogen technology is not special. Benjamin Girette | Bloomberg | Getty Photographs French automaker Renault is partnering with Google to create its vehicles like […]
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From Teslas to BMWs, automobiles are piling up on land and at sea in German port of Bremerhaven
Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the primary roll on/roll off port in Germany and just one of the major auto hubs in the environment, is enduring gridlock. The mixture of the lack of drivers to transfer containers and automobiles out of the port and large volumes of normal trade […]
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Auto giant Stellantis looks to Australian materials, including nickel, for its EVs
This image, from July 2021, shows a Citroen e-C4 electric vehicle on display at a showroom in Paris, France. Citroen is a brand of Stellantis, one of the world’s biggest automakers. Benjamin Girette | Bloomberg | Getty Images Stellantis is turning to Australia as it looks to procure the materials needed for its electric vehicle […]
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European markets close lower after key U.S. jobs report; Credit Suisse jump 5%
Credit Suisse shares jump 6% Shares of beleaguered Credit Suisse jumped 6% in afternoon deals Friday on the back of news that it had offered to buy back up to 3 billion Swiss francs ($3.03 billion) of debt securities. It comes after the Swiss bank’s shares briefly hit an all-time low earlier this week, and […]
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Croatian EV supercar maker Rimac raised 500 million euros to make parts for Big Auto rivals
Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about $537 million) from investors including Goldman Sachs, Porsche and a technology fund advised by Japan’s SoftBank. The new funding round values Rimac at over 2 billion euros. Rimac made headlines last year […]
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Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 miles
Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept car, with the French automaker describing hydrogen technology […]
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It’s the French election this weekend — here’s what Wall Street expects to happen
As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to the polls on Sunday to cast their ballots in the final round of a close presidential race between incumbent Emmanuel Macron […]
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Morgan Stanley says stay disciplined amid volatility, and names ‘cheap’ global stocks to buy
Morgan Stanley has named a raft of “cheap” global stocks to buy, advising investors to stay disciplined on valuations. Source
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Anonymous’ next cyber target: Western companies still doing business in Russia
In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as Anonymous said it has a new target in its “cyber war” against Russia — Western businesses that are still doing business there. A post on March 21 from […]
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