Renault Trucks, a division of the Renault Group, will cease operations in Algeria on November 9, 2026. The move follows challenges at the company's plant. This exit marks a notable adjustment in Renault's North African operational footprint.
Bernstein analysts named Renault their top pick among volume automakers. They initiated coverage with an "Outperform" rating. The firm set a price target of €36. Bernstein cited Renault's operational progress as a key factor.