The firm highlighted sector pressures from Chinese competition, electric-vehicle momentum and tightening European Union rules.
Stocktwits·21d ago
Richtech Robotics and Lululemon have been highlighted as Zacks Bull and Bear of the Day
Richtech Robotics Surges on Growth Hopes While Lululemon Sees Decline.
Zacks·3mo ago
US Slashes EU Vehicle Tariffs to 15% Under New Trade Terms
The United States cuts EU vehicle tariffs to 15% retroactive to Aug. 1, as automakers like Volkswagen, Porsche, Mercedes, and Renault lower outlooks.
Zacks·3mo ago
BYD Widens Lead Over Tesla In Europe As Sales Triple; Stellantis Returns To Growth After Year-Long Slump
Overall car registrations in the EU rose 5.3% as buyers continued shifting toward electrified vehicles, which made up more than 62% of the market.
Stocktwits·3mo ago
Ford, Toyota, Renault, Volkswagen, Audi Turn To Chinese EV Platforms — A New ‘Intel Inside’ For Cars
Global carmakers are cutting costs and years off development by licensing ready-made Chinese EV platforms, batteries and software.
Stocktwits·3mo ago
European stocks soar on trade optimism; UniCredit lifts 2025 outlook
investing.com·5mo ago
What’s next for Renault stock after profit warning?
Investing.com -- UBS sees limited near-term upside for Renault (EPA:RENA) shares following the automaker’s first profit warning in years, which sent the stock down 18%.
investing.com·5mo ago
Renault’s 2025 Outlook Takes A Hit After $1M Working Capital Blow; CFO Minto Steps In As Interim CEO
Weaker LCV sales, billing delays, and high inventories pressured Renault’s finances, prompting new cost-cutting efforts amid a slowing European market.