US EditionRenault Posts First-Half Loss of €11.2 Billion
15 Articles
15 Articles
Renault posts H1 loss of $12.78 billion
PARIS — Renault reported a first-half (H1) net loss attributable to the group of 11.19 billion euros ($12.78 billion) on Thursday, including a one-off 9.3 billion euros from writing down its investment in partner Nissan flagged earlier this month.
The figure can impress: EUR 11.18 billion in losses in the first half of 2025 for Renault! But these poor financial results are mainly due to the accounting treatment of its shareholding in Nissan, its former ally, and its deconsolidation. However, the new boss François Provost wants to be confident and announces a self-recovery group with a plan of savings.
During his first public appearance, the new general manager François Provost set his course. The tricolor group announced half-yearly financial results in sharp decline (excluding Nissan's negative impact).
Article LesVoitures.com Cars In the first six months of 2025, Renault Group recorded a slight increase in its turnover [...] Article Renault Group: Nissan Leads the financial results of the first half of 2025 appeared first on Les Cars.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
