15:19 - 16.07.2025

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July 16, Fineko/abc.az. French automaker Renault has had its worst trading day since March 2020. The company's shares are down 16% after the French automaker lowered its forecast for 2025 and appointed a new interim CEO.

ABC.AZ informs, referring to CNBC, that in a trading report released late on Tuesday, July 15, Renault said its operating margin would be about 6.5% this year, down from a previous forecast of about 7% or more.

The company is also aiming for free cash flow of between 1 billion euros ($1.16 billion) and 1.5 billion euros, up from about or more than 2 billion euros previously.