Renault to Cut 300 Jobs at French Van Factory, Reuters Reports

WSJ13:17 ET

WeRide Partners With Renault on Autonomous Driving Service in Barcelona

Seeking AlphaMar 11 08:53 ET

In February, new car sales in Russia decreased by nearly 25% year-on-year, marking the first decline in the past two years.

The Russian analysis institution Autostat stated on Thursday that in February, new Passenger Vehicle sales in Russia dropped by 24.9% year-on-year, marking the first monthly decline since April 2023. Prior to February of this year, Russian auto sales had increased year-on-year for 22 consecutive months, recovering after the market collapse in 2022 caused by the Russia-Ukraine conflict and the withdrawal of Western Auto Manufacturers such as Renault and Volkswagen. At the end of last year, growth in the Russian auto market began to stagnate, and Autostat predicts that the Russian auto market will decline by 10% to 20% by 2025. The Europe Business Association (

Global Market ReportMar 6 02:33 ET

The EU relaxes regulations for car manufacturers; missing the 2025 carbon emission targets is not a problem.

European Commission President Ursula von der Leyen stated that the EU will give Auto Manufacturers a three-year window to meet the carbon dioxide emissions targets originally set for this year. Von der Leyen indicated that under the 2025 emissions regulations, this targeted amendment will provide the Industry with greater flexibility, which will be proposed later this month. These modifications essentially mean that Auto Manufacturers can miss this year's targets as long as they perform excellently over the next two years. Following von der Leyen's remarks, the stock prices of European Auto Manufacturers such as Volkswagen, Mercedes-Benz, and Renault surged, pushing the STOXX 600 Automobiles and Parts Index up nearly 3% during intraday trading.

环球市场播报Mar 3 13:21 ET

In January, new car sales in the EU fell by 2.1%, while sales of electric vehicles soared by 34%.

Data released on Tuesday shows that new car sales in Europe decreased by 2.1% in January, with the growth of registrations of pure electric and hybrid vehicles in major markets not sufficient to offset the decline in sales of RBOB Gasoline and diesel cars. According to the European Automobile Manufacturers Association (ACEA), overall sales in France, Italy, Germany, and the United Kingdom have decreased compared to the same period last year, with only Spain seeing year-on-year growth in sales among major markets. After discussions with Auto Manufacturers, unions, and interest groups, the EU Commission will submit an automotive industry plan on March 5. EU Auto Manufacturers are striving to compete with Chinese rivals and are focused.

Global Market ReportFeb 25 01:13 ET

Jefferies Initiates RENAULT SA UNSPON ADR EACH REPR 0.20 ORD(RNLSY.US) With Hold Rating

Moomoo NewsFeb 24 14:32 ET · Ratings