16 July 11:49
Renault has announced lower financial forecasts and cost-cutting measures, hit by weak demand and growing competition.
Andrea Hariuc
Economy
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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.
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