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136 new news items in the last 24 hours
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  2. Economy

Renault has announced lower financial forecasts and cost-cutting measures, hit by weak demand and growing competition.

Andrea Hariuc
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16 July 2025, 11:49
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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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Agerpres
Renault înrăutățește previziunile financiare anuale și accelerează reducerea costurilor
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Economica
Presiunea continuă pe patronul Dacia. Renault înrăutăţeşte previziunile financiare anuale şi accelerează reducerea costurilor - Economica.net

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