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Top News In French Carmaker Today - Breaking & Trending Today

Renault shares soar as investors cheer results

Shares in Renault hit two-month highs on Thursday after the French carmaker posted full-year 2023 net profit slightly below forecasts but reported margin and revenue gains and a huge dividend increase. Late on Wednesday the company said it would propose a dividend of 1.85 euros ($1.98) for 2023, up from 0.25 euros for 2022, joining U.S. automakers Ford and General Motors in giving more cash to investors. Renault shares were last up 4.2% at 38.18 euros, having touched their highest since mid-December, compared with a 0.9% rise in Paris' benchmark CAC 40. ....

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The Drive Report: Citroen C3 Aircross

Can a zestful engine and generous proportions help the C3 Aircross make its mark in the cut-throat mid-size SUV space? Maybe if it ups the gear it offers. ....

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Nissan, Renault seal new capital tie-up to equalize stakes

Nissan Motor Co. and Renault SA have finalized a deal to equalize their stakes in one another and that the Japanese company will invest up to 600 million euros ($663 million) in the French carmaker's new electric vehicle unit. ....

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Renault Sees EV Unit Profit by 2025 as IPO Plan Continues

(Bloomberg) Renault SA’s electric-vehicle venture is set to be profitable as soon as 2025 with the company readying the Ampere unit for an initial public offering.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapThe Frenc ....

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Future Peugeot models will be even more avant-garde

How will Peugeot evolve in this era of brand consolidation, and electrification? Christophe Musy, Stellantis Vice-President for ASEAN & Distributors, tells us. ....

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