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Ford CEO Jim Farley acknowledged the automaker is in “a fight for our lives in our industry” as it seeks to remain competitive in Europe amid pressure from Chinese competitors. One of its weapons to stave off those threats is a partnership with French automaker Renault Group. The two automakers announced an agreement Tuesday to … Read more
The logo of German car maker Mercedes-Benz is seen as a person stands in front of the company’s booth before the opening of the International Motor Show IAA on September 7, 2025, in Munich, southern Germany. Tobias Schwarz | Afp | Getty Images Europe’s embattled auto giants are embarking on a product blitz, seeking to … Read more
A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland. John Keeble | Getty Images News | Getty Images Shares of French carmaker Renault plunged as much as 17% on Wednesday after the … Read more
Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Renault shares, however, fell following its announcement Sunday that Luca de Meo, 58, would step down on July 15 “to take on new challenges outside the automobile … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Luca de Meo is to step down as chief executive of Renault, as Kering hires the 58-year-old Italian to spearhead a turnaround of the struggling French luxury group, according to people briefed on the plan. … Read more
There aren’t many cars that are expected to sell out before anyone has even seen the interior, but the Renault 5 Turbo 3E could well be one of them. Three years on from the concept launch at the Paris Motorshow in 2022, the anticipated hyper-hatchback and the electric reboot of the iconic Renault 5 Turbo … Read more
The group saw revenues rising by 7.4 percent to hit 56.2 billion euros ($58.6 billion), with its operating profit margin coming in at a record 7.6 percent. Read More
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