Renault SA (RENA.PA)
18 Oct 2019
Fri, Oct 18 2019
PARIS A profit warning sent Renault's shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp global auto industry slowdown. | Video
* BREAKING VIEWS-Renault M&A would stem profit bleed (Writes through with details on profit cut, Fiat deal prospects)
Oct 18 European shares fell on Friday, dragged down by auto stocks after Renault's sales warning while a sharp contraction in China's economy exacerbated worries about slowing global growth.
PARIS, Oct 18 Renault shares slumped on Friday after the French carmaker cut its revenue guidance for 2019 and lowered its profitability forecast.
PARIS, Oct 17 France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales.
PARIS, Oct 17 Renault on Thursday further cut its sales guidance for 2019, after warning in July that revenue may decline this year, and the French carmaker also lowered its forecast for profitability, citing an unfavourable economic environment.
SUZUKA, Japan Formula One's governing body moved to seal and impound the steering wheels and electronic control units of Renault's Formula One cars on Sunday after a Japanese Grand Prix protest by rivals Racing Point.
SUZUKA, Japan, Oct 13 Formula One's governing body moved to seal and impound the steering wheels and electronic control units of Renault's Formula One cars on Sunday after a Japanese Grand Prix protest by rivals Racing Point.
PARIS Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance supremo Carlos Ghosn. | Video
* Alliance trying to move on from arrest of Carlos Ghosn (Writes through with details)