Key facts: Renault's Credit Rating Upgraded; EU Plan Benefits Sales
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Renault Group's long-term credit rating has been upgraded to 'BBB-' by S&P Global Ratings, restoring its investment grade status after being classified as 'junk' since April 2020.1Renault stands to gain from the EU's plan to lift the 2035 ban on combustion engine cars, allowing continued sales of hybrids and conventional models, boosting its market presence.2
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