Core Viewpoint - RCI Banque has received an updated binding MREL requirement from the Single Resolution Board (SRB), which is now set at 13.50% of total risk exposure amount (TREA) and 4.63% of leverage ratio exposure (LRE), reflecting an increase from previous requirements of 10.01% and 3.00% respectively [2][3]. Group 1: MREL Requirement - The new MREL requirement is defined on an individual basis and is applicable to RCI Banque, which has not exercised its "right to be heard" regarding the decision [3]. - RCI Banque currently complies with the updated MREL requirement, which will be subject to ongoing review [4]. Group 2: Financial Overview - As of June 2025, Mobilize Financial Services, a subsidiary of Renault Group, financed over 633,000 contracts and achieved pre-tax earnings of 607 million euros, with average earning assets amounting to 58.9 billion euros [7]. - The company has also established a deposit-taking business, with net deposits reaching 30.5 billion euros, representing 49% of its net assets by the end of June 2025 [8].

Group 1 - Gucci has appointed Giovanni Perosino as senior vice president of marketing, effective December 15 [1] - Perosino joins Gucci from Maserati, bringing over 25 years of experience in brand strategy and marketing, having held senior roles at Fiat Chrysler Automobiles, Audi, Lamborghini, and ITA Airways [2] - Gianluca De Ficchy has been named Gucci's chief financial officer, succeeding Alberto Valente, and will report to Francesca Bellettini, the president and CEO of Gucci [3] Group 2 - De Ficchy previously served as CEO of Mobilize within the Renault Group and has a background in the automotive industry, having worked at Ernst & Young, RCI Bank and Services, FCA, and Nissan [4] - Luca de Meo, the new CEO of Kering, has extensive experience in the automobile industry, having led Renault for five years and worked with brands like Fiat, Alfa Romeo, and Toyota [5] - Recent leadership changes at Gucci include the departure of Valérie Leberichel and Maria Cristina Lomanto, with Cayetano Fabry succeeding Lomanto as head of the EMEA region [6]

Renault Group supports calls from automotive suppliers for the introduction of European Union (EU)-wide local sourcing rules, the automaker’s CEO François Provost told Reuters. However, Provost said this backing depends on the Local Content Requirements being defined in a more flexible way. Some suppliers have urged to mandate that 80% of components in vehicles sold in the EU be sourced locally, mirroring provisions already applied in the US. These discussions, to counter competition from Chinese manufa ...

Core Insights - Nexans has appointed Vincent Piquet as Chief Financial Officer, effective January 19, 2026, who will join the Executive Committee and be based in Paris [1][4]. Group 1: Appointment Details - Vincent Piquet brings extensive experience in finance, including operational performance optimization and strategic transformation, with exposure to Board-level matters and investor relations [2]. - His career includes significant roles at Renault Group and GE, where he held various financial leadership positions across multiple countries [3]. Group 2: Company Overview - Nexans is a global leader in sustainable electrification, focusing on advanced cable solutions and services that support the transition to a low-carbon future [4][5]. - The company operates in 41 countries with a workforce of 28,500 and reported €7.1 billion in standard sales for 2024 [6]. - Nexans is committed to achieving Net-Zero emissions by 2050 and is recognized for its climate action initiatives [6].

Core Viewpoint - The trial aims to demonstrate the real-world readiness of Eye-Net's collision-prevention platform, supporting the commercial adoption of its V2X technology [1][5] Group 1: Project Overview - Eye-Net Mobile Ltd., a subsidiary of Foresight Autonomous Holdings Ltd., has launched a smart mobility "Collision Prevention" project in Bordeaux, France, in collaboration with Renault Group, Orange S.A., and other participants [1] - The project is part of Eye-Net's ongoing collaboration with Software République to enhance smart mobility innovation and urban transportation efficiency in France [1] Group 2: Trial Details - The live trial follows a previous phase that achieved a 99% detection rate in real-world urban interactions, indicating strong performance in urban settings [2] - This phase focuses on large-scale integration of Eye-Net's V2X collision-prevention technology within public transportation environments [2] - The trial will utilize Orange's mobile app platform and Eye-Net's collision alert system, integrated into a beta version of the TBM Mobility App, facilitating real-time data exchange between buses and cyclists [3] Group 3: Objectives and Expectations - The trial will evaluate the performance and reliability of cooperative collision-prevention alerts, gather user feedback, and assess technical readiness and user acceptance for broader deployment [4] - The CEO of Eye-Net expressed that the large-scale live trial is expected to accelerate the commercial readiness of Eye-Net's V2X platform and assess its reliability and value for cities and mobility operators [5] Group 4: Company Background - Eye-Net develops next-generation V2X collision prevention solutions and smart automotive systems aimed at enhancing road safety and situational awareness for urban mobility [5] - The company leverages advanced AI technology and existing cellular networks to provide real-time pre-collision alerts to road users through smartphones and other smart devices [5]

Renault Group and China’s Geely will invest 3.8bn reais ($714m) in Brazil to jointly develop new vehicles. The plan includes allocating part of the funds to Geely’s new zero- and low-emissions technology (GEA) platform. This architecture will serve as foundation for two new models scheduled to enter production in the second half of 2026. Remaining capital will go towards renovating a current Renault model for 2026 launch and introducing a further new vehicle in 2027. The investment was announced at Ayrt ...

Core Viewpoint - Renault Group is set to produce two new cars in Brazil in the second half of 2026, leveraging the platform of its Chinese partner Geely's vehicles, indicating a strategic expansion in a high-growth market [1] Company Expansion - The production of the new vehicles in Brazil marks Renault's continued investment in emerging markets, particularly in regions with significant growth potential [1] Partnership Strategy - The collaboration with Geely highlights Renault's strategy to utilize partnerships to enhance its product offerings and market presence in Brazil [1]

Renault Group has announced the appointment of Josep Maria Recasens as Chief Strategy, Product & Program Management Officer (SPPM), effective immediately. This change, the company says, is part of a drive to simplify the organisation in order to increase its agility and speed. Reporting to François Provost, CEO of Renault Group, and as a member of the Leadership Team, Josep Maria Recasens will be responsible for defining the strategy to maintain the Group’s positive momentum, guiding product choices for t ...

Core Points - Renault Group has appointed Josep Maria Recasens as Chief Strategy, Product & Program Management Officer to enhance organizational agility and speed [1][2] - Recasens will report to CEO François Provost and will also continue as CEO of the Iberian Peninsula countries and Ampere until its transformation is complete [2][4] - The restructuring aims to unify strategy and product planning to improve coherence and agility within the organization [3] - Recasens emphasizes a strong focus on product, disciplined program management, and a holistic investment view as key principles for success [3][4] - Renault Group aims for carbon neutrality in Europe by 2040 and focuses on developing new technologies and electrified vehicles [7] Company Overview - Renault Group operates in 114 countries and sold 2.265 million vehicles in 2024, employing over 98,000 people [6] - The Group consists of four brands: Renault, Dacia, Alpine, and Mobilize, offering sustainable and innovative mobility solutions [6][7] - The company is committed to a transformation that generates value through new technologies and competitive electrified vehicles [7]

Core Points - Renault Group successfully issued Samurai bonds amounting to ¥95.2 billion with a 3-year maturity and a fixed coupon of 2.17%, marking its return to Japan's capital markets since 2022 [1][2] - The issuance is aimed at benefiting from favorable market conditions and will be utilized for general corporate purposes, including refinancing upcoming maturities [2] Company Overview - Renault Group operates in 114 countries and sold 2.265 million vehicles in 2024, employing over 98,000 people [4] - The company focuses on sustainable and innovative mobility solutions through its four brands: Renault, Dacia, Alpine, and Mobilize [4] - Renault Group is committed to achieving carbon neutrality in Europe by 2040, emphasizing the development of new technologies and electrified vehicles [5]