Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Renault    RNO   FR0000131906

RENAULT

(RNO)
  Report  
Delayed Quote. Delayed Euronext Paris - 08/16 11:35:16 am
48.345 EUR   +1.13%
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Renault, Jiangling Motors Create Electric-Vehicle JV in China

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/17/2019 | 02:32am EDT

By Anthony Shevlin

Renault said Wednesday that it has formed an electric vehicles joint-venture in China with Jiangling Motors Corp. Ltd. (000550.SZ).

The French car maker said it will increase its share capital by 1 billion Chinese Yuan ($145.4 million) in order to take a 50% stake in the joint venture.

The two companies agreed to the deal in December.

"China is a key market for Groupe Renault. This partnership in electric vehicle business with JMCG will support our growth plan in China and our [electric-vehicle] capabilities," said Francois Provost, senior vice president, chairman of China region, for Renault.

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

Stocks mentioned in the article
ChangeLast1st jan.
JIANGLING MOTORS CORPORATION, LTD. End-of-day quote.
NISSAN MOTOR CO LTD 0.60% 659 End-of-day quote.-23.02%
RENAULT 1.13% 48.345 Real-time Quote.-11.37%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.04% 7.0342 Delayed Quote.2.55%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RENAULT
08/10RENAULT : F1 will still use fuel in 20 years - Taffin
AQ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05RENAULT : F1 will still use fuel in 20 years - Taffin
AQ
08/05NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/05RENAULT : 2019 Formula 1 Rolex Hungarian Grand Prix, Sunday
PU
08/05Renault mulls cutting stake in Nissan to win support for FCA merger
AQ
More news
Financials (EUR)
Sales 2019 55 984 M
EBIT 2019 3 344 M
Net income 2019 2 490 M
Finance 2019 2 679 M
Yield 2019 6,48%
P/E ratio 2019 5,30x
P/E ratio 2020 4,56x
EV / Sales2019 0,18x
EV / Sales2020 0,19x
Capitalization 12 945 M
Chart RENAULT
Duration : Period :
Renault Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RENAULT
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 61,37  €
Last Close Price 48,35  €
Spread / Highest target 88,2%
Spread / Average Target 26,9%
Spread / Lowest Target -15,9%
EPS Revisions
Managers
NameTitle
Thierry Bolloré Chief Executive Officer
Jean-Dominique Senard Chairman
Clotilde Delbos Chief Financial Officer & Executive Vice President
Carlos Ghosn Bichara Director
Philippe Lagayette Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
RENAULT-11.37%14 213
TOYOTA MOTOR CORP9.87%179 929
VOLKSWAGEN AG0.68%78 292
GENERAL MOTORS COMPANY10.61%52 069
DAIMLER AG-10.16%48 146
BMW AG-15.76%42 459