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Renault CEO says struggling carmaker has come back from hell

Renault CEO says struggling carmaker has come back from hell
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

Renault sees 2021 profit despite chip crunch, raw material costs - Netscape Money & Business

Renault sees 2021 profit despite chip crunch, raw material costs By Nick Carey Reuters LONDON (Reuters) -French carmaker Renault said on Friday it expected to deliver a full-year 2021 profit even as a global shortage in semiconductor chips and rising raw material costs crimped car production. Renault said it now expects the chip shortage to lead to a production loss of 200,000 units over the course of 2021, up from its previous forecast of a loss of 100,000 units. The carmaker posted a half-year net profit versus a hefty loss for the same period in 2020 due to rising car sales and a turnaround plan focused on profitability.

Renault CEO warns semiconductor crunch to ripple through 2022

Renault CEO warns semiconductor crunch to ripple through 2022
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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