Renault’s Revival: Impressive Sales Growth and Success in Europe

2023-07-19 12:41:29

The revival of Renault is confirmed. The automotive group reported on July 19 an increase in its sales in volume over the first six months of the year, fueled by its good results in Europe, where they rose by 24% (in a market up 17 %). After four consecutive years of decline, the diamond group saw its global sales increase by 13% in the first half, to 1,133,667 units against 1,000,199 units over the same period of 2022, despite a context disturbed by the crisis of semis. -drivers and the shutdown of the automaker’s activities in Russia.

Renault made particular progress in the very lucrative C segment, with good commercial results for the Arkana and Austral SUVs, and the electric Megane. Enough to record a 42% increase in sales compared to the same period in 2022.

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The group’s backlog in Europe represents 3.4 months of sales at the end of June 2023 and is expected to remain above the two-month target throughout the year, even with the market down 30% compared to 2019, Renault said in a statement.

Alpine, the group’s sports brand, relaunched in 2017, sold 1,800 vehicles in the first six months of the year, helped by the successful launches of two limited series, the Alpine A110 San Remo 73 and the Alpine A110 R Le Mans. The low-cost brand Dacia saw its sales increase by 24% in the first half.

With Archyde.com (Diana Mandiá and Augustin Turpin)

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