How can you buy Renault shares?
Renault is one of the largest car manufacturers in the world. An investment in the company can therefore certainly be attractive. In this article we look at how you can invest in Renault. You can also find the latest Renault stock price on this page.
If you have confidence in the Renault brand, you can choose to buy the shares. You can do this at eToro. eToro is a reliable broker where you can invest in the car brand without paying commissions. Because you benefit from low fees, you can achieve a higher return. Use the button below to open an account:
How can you actively invest in Renault?
You can actively invest in CFD Renault shares by opening an account with a modern broker. Investing with a modern broker has its advantages. One big advantage is the fact that you can apply leverage. With leverage, it is possible to open a large position even with a small amount of money. Another advantage is that you can also speculate on falling prices: this allows you to achieve a good result under all market conditions.
A good party to trade in CFD shares Renault is Plus500. With Plus500 you can try out the possibilities completely risk-free with a demo. Use the button to open an account immediately:
What is the stock price of Renault?
Do you want to know how the share is developing? Take a look at the current CFD stock price of the Renault share. Use the buy and sell buttons to open a position on the share.
Is it smart to invest in Renault?
As one of the most important and largest automobile manufacturers on the planet, Renault seems to be an important and potentially interesting player for automotive investors. The fact that the Groupe Renault consists of different brands also makes buying Renault shares worth considering. The presence of these different brands within the group is in itself a form of diversification that investors will be happy to see. This also applies, of course, to the presence of RCI Banque.
Despite this diversification, the potential risks of the sector in which you are going to invest must always be taken into account. When you buy Renault shares as an investor, you are dependent, on the results achieved within the automotive sector. Therefore, disappointing figures within this sector can quickly have a negative impact on the price of Renault shares.
Before buying Renault stocks, it is advisable to compare the company with other competing car brands. People often buy a car with which they have a certain feeling. When a car brand becomes less popular, sales can fall sharply. Of course, this is not positive for the share price of the brand.
About the company Renault
Renault is one of the best-known and most important French manufacturers of not only passenger cars, but also commercial vehicles, trucks, tractors and even aircraft engines. The company was founded in 1899 by Louis Renault. The company is known for having been a state-owned company for a significant part of its existence. As a state-owned company, it went through life under the name ‘Régie Nationale des Usines Renault‘. The company Renault is listed on the Euronext stock exchange with the ticker RNO.
The so-called ‘Groupe Renault’ is actually a collection of five different companies or brands. Initially, there is of course the Renault brand of the same name. This French brand is good for the production of 2.4 million cars or light commercial vehicles. There are also other companies and brands that belong to the group. These include, for example, Renault Samsung Motors. This brand puts an average of around 79,000 cars on the market each year.
Other well-known brands such as Dacia and Lada also belong to the Groupe Renault. This also applies to Alpine, which reappeared on the market in 2017 after a long period of absence. A remarkable fact is that Renault is also active in the People’s Republic of China. There Renault uses two local partners. The company sells light commercial vehicles in China under brand names such as Jinbei and Huansong.
The history of Renault
For the creation of the company Renault we go back in time, more specifically to Christmas Eve of the year 1898. It is on that Christmas Eve that the Renault brothers (Louis, Marcel and Fernand) talk about the car that is at the door. It was specifically a so-called Voiturette which had been put together as an experiment by the then 22-year-old Louis. Some time later, the car would become the subject of an important bet with a celebrating lawyer.
To win the bet, Louis had to drive the car up the Rue Lepic in Montmartre. That doesn’t seem to be a problem nowadays, but it was in those days. That road has a gradient of 13%. The lawyer was so impressed by the performance that he immediately bought a copy for himself. A number of additional orders soon followed, laying the foundations for the Renault company. The company officially started when the Renault Frères company was founded on 25 February 1899.
In the meantime, it can be said that Renault has become one of the most important and also the largest car manufacturers in Europe. The Groupe Renault does not consist exclusively of the aforementioned car makes. The so-called RCI Banque, the largest financial service provider within the European car industry, is also part of the group. The main shareholders of the company Renault are not only the French state, but also its partner car brand Nissan.
When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.