The strategy Renaulution launched upon its arrival begins to bear fruit. Renault now has a higher market value than Nissan. Thanks to the edited by Luca De Meo but also of the new balance of the Alliance which led Losanga to have a positive leap from the evaluation point of view. Starting with investors who now look at the French car manufacturer with greater confidence.
Renault overtakes Nissan
During 2024 for example, Renault shares have increased their value by 37%, with greater profitability for the company. The new Losanga range has seen the brand improve its performance and after over 10 years of alliance, surpass Nissan with a valuation of 15 billion euros, approximately 1 billion euros higher than that of Nissan.
De Meo treatment
With De Meo at the helm, the numbers also increased strategic partnerships for the French car manufacturer, such as those with Qualcomm, Volvo Trucks and the Chinese Geely as well as obviously the reorganization of the Horse and Ampere divisions for hybrid/endothermic and electric. Meanwhile Nissan struggles in regions where it previously had more strengthsuch as the United States where the range is aging and sales are slowing down.
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