Your Investment & Business Network Has Everything You Need to Stay Informed and Make Informed Decisions.
⎯ 《 Yibn • Com 》

Renault brand sales up 11% in first half

2023-07-11 15:21
PARIS French automaker Renault said on Tuesday worldwide sales of its flagship brand rose 11% in the first
Renault brand sales up 11% in first half

PARIS French automaker Renault said on Tuesday worldwide sales of its flagship brand rose 11% in the first half of the year to 770,807 units, extending a rebound after four years of declines.

The increase marks an acceleration from the 9% growth in sales reported in the first quarter of 2023.

In 2022 sales for the Renault brand - which account for around two thirds of overall group sales - had fallen by 9.4% - their fourth consecutive yearly decline.

(Reporting by Gilles Guillaume, editing by Silvia Aloisi)