Renault shares fall after the French Carmaker 2025 leads

French Carmaker Shares Renault After downloading 2025 leaders of the company, up to 17% on Wednesday, announced that a new temporary CEO was appointed.

The shares listed in Paris last increased by 20.6% of the last 52 weeks. Since March 2020, the company set off for the worst trade day.

One Trade update Renault, published on Tuesday, this year aims to margin a transaction from an operational margin about 6.5%, around 6.5%, around or more than 7%.

The company is also a free cash flow between 1 billion euros ($ 1.16 billion), and 1.5 billion euros, below 2 billion euros or below 2 billion euros.

Renault declared Following Luca de Meon, Duncan Mitton’s appointment of Duncan Minton as ARM CEO sudden resignation Five years later in the company’s leadership last month.

“Currently, Renault Group’s CFO, Duncan Minto, the chairman of Renault SAS, the chairman of the Renault SAS, the Group’s Operating Company, was reported to be said.

Renault is preparing to express half an annual results on July 31.

The analysts in the German bank in Deutsche reduced target prices to 47 euros, Renault’s profit warning news.

“Although the new Marja Guide remains stronger than its peers, we see warning as an open additional hit for shares,” he said.

Meanwhile, analysts in JPMorgan, the new management structure of Renault will face silent demand in Europe, continued trade tensions and other pots from the competition from Chinese producers, he said.

– CNBC’s Jordan Butts contributed to this report.