‘Airbus Of Autos’ European Automakers Could Band Together To Build Cheap EVs

Good morning! It’s Tuesday, February 20, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Even EVs Can’t Get A Break From The Heat 1st Gear: European Carmakers Could Form Alliance To Fend … Read more

Renault shares up 7% as carmaker plans dividend hike

Shares of Renault climbed in morning trade on Thursday, after the French carmaker said it would propose raising its dividend per share to 1.85 euros ($1.99) for the financial year, up from 0.25 euros previously. Paris-listed shares were 6.9% higher at 9:27 a.m. London time. The company on Wednesday reported a full-year group operating margin … Read more