Renault has announced lower financial forecasts and cost-cutting measures, hit by weak demand and growing competition.
Andrea Hariuc
Economy
unsplash
Always see our news on Google
Automaker Renault reported free cash flow of just €47 million in the first half of 2025, prompting the company to revise its financial forecasts. The annual operating margin has been adjusted to 6.5% and the estimated free cash flow has been lowered to 1-1.5 billion euros. Weak demand in European markets and growing competition from China are affecting the company's performance. Renault has appointed an interim CEO, and cost-cutting measures will be prioritized in future strategy.
Sources
Latest News
12:21
The Greens are calling for a European plan to address heatwaves, with protection for buildings and workers and a timetable for phasing out fossil fuels
12:14
George Simion mocks Nicușor Dan: “We are dealing with a bungler”
12:10
Diesel prices rise / Price reaches 10.64 lei per liter at Petrom
12:05
Nicușor Dan Calls Parties to Cotroceni for Consultations on the Nomination of the Prime Minister
12:03
The Commission proposes faster recognition of qualifications for work in another EU country and compensation for delays
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
