Renault CEO questions wisdom of electric vehicle price cuts

Renault CEO Luca de Meo on Thursday questioned the wisdom of price cuts rivals have been implementing in a bid to bolster market share for their electric vehicle fleets. “We’ve seen competitors moving prices up and down, etc., etc. this is their decision. But I don’t think it’s a very healthy practice in the long… Continue reading Renault CEO questions wisdom of electric vehicle price cuts

Ford only Detroit automaker to make Consumer Reports’ ‘Top Picks’ list

Ford Motor Co. is once again the only Detroit automaker to make this year’s “Top Picks” list released Thursday by Consumer Reports. The Dearborn automaker made the cut this year with its Maverick Hybrid compact truck. Last year, Ford’s electric Mustang Mach-E made the list. No Detroit Three vehicles made the list in 2021. Consumer… Continue reading Ford only Detroit automaker to make Consumer Reports’ ‘Top Picks’ list

German Manager Magazin: Renault: carmaker pays dividends again, giving up business in Russia will result in a loss in 2022002318

The French carmaker Renault is able to pay a dividend for the first time in four years thanks to an operational recovery. Shareholders should benefit from the return to growth with 25 cents per share. Last year was a turning point, the company found its pride again, said Renault boss Luca de Meo (55) on… Continue reading German Manager Magazin: Renault: carmaker pays dividends again, giving up business in Russia will result in a loss in 2022002318

2023 Altair Enlighten Award Open for Entries

Award spotlights the automotive industry’s finest innovations in sustainable, lightweight design TROY, Mich., Feb. 16, 2023 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced the 2023 Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the… Continue reading 2023 Altair Enlighten Award Open for Entries

Renault Group delivers: doubled profitability, record free cash flow, resumed dividend & further performance improvement expected in 2023

Press ReleaseFebruary 16, 2023     RG_Press release_2022FY_GB_16022023 Renault Group delivers:doubled profitability, record free cash flow, resumed dividend & further performance improvement expected in 2023 Exceeded 2022 FY financial outlook (upgraded in July 2022) Significant improvement in profitability: 5.6% operating margin vs a guidance above 5% and up €1.4bn vs 20211 (+2.8 pts) Record Automotive operating… Continue reading Renault Group delivers: doubled profitability, record free cash flow, resumed dividend & further performance improvement expected in 2023

Renault Group continue sa forte progression : profitabilité doublée, free cash-flow record, retour du dividende et nouvelle amélioration de la performance pour 2023

COMMUNIQUE DE PRESSE 16 février 2023 RG_Communique de presse_2022FY_FR_16022023 Renault Group continue sa forte progression : profitabilité doublée, free cash–flow record, retour du dividende et nouvelle amélioration de la performance pour 2023 Perspectives financières 2022 dépassées (revues à la hausse en juillet 2022) Amélioration significative de la profitabilité : marge opérationnelle à 5,6 % vs une… Continue reading Renault Group continue sa forte progression : profitabilité doublée, free cash-flow record, retour du dividende et nouvelle amélioration de la performance pour 2023

@Renault: Renault Group delivers: doubled profitability, record free cash flow, resumed dividend & further performance improvement expected in 2023000473

Press ReleaseFebruary 16, 2023     RG_Press release_2022FY_GB_16022023 Renault Group delivers:doubled profitability, record free cash flow, resumed dividend & further performance improvement expected in 2023 Exceeded 2022 FY financial outlook (upgraded in July 2022) Significant improvement in profitability: 5.6% operating margin vs a guidance above 5% and up €1.4bn vs 20211 (+2.8 pts) Record Automotive operating… Continue reading @Renault: Renault Group delivers: doubled profitability, record free cash flow, resumed dividend & further performance improvement expected in 2023000473

@Renault: Renault Group continue sa forte progression : profitabilité doublée, free cash-flow record, retour du dividende et nouvelle amélioration de la performance pour 2023000472

COMMUNIQUE DE PRESSE16 février 2023 RG_Communique de presse_2022FY_FR_16022023 Renault Group continue sa forte progression : profitabilité doublée, free cash-flow record, retour du dividende et nouvelle amélioration de la performance pour 2023 Perspectives financières 2022 dépassées (revues à la hausse en juillet 2022) Amélioration significative de la profitabilité : marge opérationnelle à 5,6 % vs une perspective… Continue reading @Renault: Renault Group continue sa forte progression : profitabilité doublée, free cash-flow record, retour du dividende et nouvelle amélioration de la performance pour 2023000472

2023 Altair Enlighten Award Open for Entries

Award spotlights the automotive industry’s finest innovations in sustainable, lightweight design TROY, Mich., Feb. 16, 2023 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced the 2023 Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the… Continue reading 2023 Altair Enlighten Award Open for Entries

2023 Altair Enlighten Award Open for Entries

Award spotlights the automotive industry’s finest innovations in sustainable, lightweight design TROY, Mich., Feb. 16, 2023 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced the 2023 Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the… Continue reading 2023 Altair Enlighten Award Open for Entries