Reported 2 days ago
Renault reported a slight increase in first-quarter revenue, reaching €11.68 billion, driven by strong sales of new models such as the electric Renault 5 and Duster SUV, despite challenges from reduced dealer inventories and unfavorable exchange rates. Vehicle sales rose 2.9% to nearly 565,000 units, and the company's share of electric vehicles in total sales climbed to 13%. Renault's performance has been generally positive, as the brand aims to maintain a 7% operating margin while navigating the evolving auto industry landscape.
Source: YAHOO