Reported about 1 month ago
Renault reported a 1.8% rise in Q3 revenues to €10.7 billion, driven by demand for new higher-priced models, despite a 5.6% decline in global sales volumes. The automaker aims for a margin of at least 7.5% in 2024 and has seen strong performance in its electrified vehicle segment, which accounted for 47% of brand sales. This growth comes as the European automotive market struggles with competition and declining sales.
Source: YAHOO