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Keywords: RENAULT


Renault posts €10 billion loss amid solid underlying performance

Renault Group has reported a net loss of €10 billion, a headline figure that contrasts sharply with what executives describe as one of the strongest financial positions in the company’s history. The discrepancy is largely the result of exceptional accounting charges tied to Renault’s......

Renault Morocco commits to advancing worker rights with new agreements

Renault Group has reaffirmed its commitment to improving labor conditions and supporting worker rights in Morocco through the signing of new collective agreements. These agreements encompass all industrial and commercial entities operated by the group in the country. On Wednesday, Renault signed agreements......

Renault considers new electric vehicle plant in Morocco

Renault is exploring the possibility of establishing an electric vehicle production plant in Morocco, with the upcoming Nador West Med port being evaluated as a potential location. The port, slated to open in 2026, has recently been confirmed on schedule by Morocco's Minister of Equipment, Nizar......

Morocco accelerates EV production to lead regional electric vehicle market

Morocco is set to experience substantial growth in its electric vehicle (EV) sector, driven by local production expansion and government incentives. Analysts from BMI, a FitchSolutions company, predict a sharp rise in EV adoption, supported by new models, competitive imports, and increasing investments......

Morocco strengthens automotive sector with Renault partnership expansion

Morocco’s Prime Minister Aziz Akhannouch met with François Provost, CEO of Renault Group, on October 29, 2025, in Rabat. Joined by Morocco’s Minister of Industry and Trade, Riyad Mezzour, the meeting underscored the country’s commitment to bolstering its automotive sector and......

Renault-Nissan case: Rachida Dati soon to learn dates of her corruption trial

Former French Culture Minister Rachida Dati is expected to be informed on Monday of the schedule for her trial, in which she will appear alongside former Renault-Nissan chief Carlos Ghosn. Both face charges of corruption and influence peddling, accusations they strongly deny. The......

Morocco makes vehicle and components industry a key development strategy

Morocco, often called “an automotive giant,” has made the vehicle and components industry a major strategic axis of its economic development, according to the French financial daily La Tribune. Renault is the leading automotive producer in Morocco, manufacturing 413,600 units last year at......

Renault’s new CEO reshuffles executive leadership to drive growth

Renault’s new CEO, François Provost, has initiated a major reshuffle of the company’s executive leadership, effective Monday, September 1, aiming to accelerate growth and improve commercial efficiency across the brand portfolio. A new role of Chief Growth Officer has been created to......

Morocco emerges as Africa's leading automotive hub, challenging global players

Morocco has solidified its position as a key player in the global automotive sector, with production figures reaching an impressive one million vehicles in 2025. This milestone places the country among the world’s top fifteen automotive manufacturers and establishes it as Africa’s leading......

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