Renault : Feedback from Technocentre visit: well on track despite external headwinds
>Cost reduction at last coupled with an attractive product plan - Yesterday we organised a visit to Renault’s Technocentre for investors. Despite the unsettled market environment, the visit allowed top management to again highlight its ambitions while also providing a more concrete dimension through an exclusive presentation of the main future models that are to be launched as part of the Renaulution plan. Unsurprisingly, the challenges in terms of cost reductions are...Renault is an automobile manufacturer. Co.'s activities have been organized into two main business sectors, in more than 120 countries: Automotive and Sales Financing. Co. designs, develops and sells passenger cars and light commercial vehicles. Following the acquisition of Romanian carmaker Dacia and Samsung Motors' operating assets in South Korea, Co. has three automotive brands: Renault, Dacia and Samsung. RCI Banque, Co.'s captive financing arm, finances sales of the Renault, Renault Samsung Motors (RSM) and Dacia brands, and, in Europe, the Nissan and Infiniti brands. In addition to these two activities, Co. has equity investments in the following two companies: Nissan and AVTOVAZ.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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