What Happened?
- Renault will report a €9.5 billion ($11.2B) accounting loss in H1 2025 (Renault to book $11.2B) due to a change in how it values its stake in Nissan.
- The change follows a shift in Renault-Nissan’s 20-year alliance, with Renault gradually reducing its 35.7% stake in the Japanese automaker.
What’s Changing?
- Nissan stake will now be valued based on market price, directly affecting Renault’s equity.
- This won’t impact Renault’s net income or dividend payouts (Renault to book $11.2B), but will reflect on its balance sheet.
What About the Partnership?
- Renault says day-to-day operations and joint projects remain unchanged.
- The companies are rebalancing ties amid Nissan’s sales struggles and cash flow pressures.
Leadership Transition
Renault is also facing change at the top: CEO Luca de Meo steps down July 15, and will take over at luxury group Kering.
Read More : Senate Advances Trump Tax Cuts Despite Soaring Cost Estimate & Get best deal on mCaffeine Coupon Code .