Paris, July 31, 2025 (AFP) - Renault profits slump as competition intensifies

NAMPA / AFP

2025-07-31

French automaker Renault said Thursday that the tough retail and commercial van market in Europe had squeezed profits although it was able to maintain profitability better than many rivals. Excluding exceptional items, Renault saw its first-half net profit slump 69 percent to 461 million euros ($526 million). However, it suffered 11.6 billion euros in exceptional losses related to its Japanese partner Nissan. That includes 9.3 billion it announ......

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Law & Politics

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