“Renault Q1 Turnover Results: Strong Growth Expected and Stock Market Betting Opportunities”

2023-04-18 11:00:03

Posted Apr 18, 2023, 1:00 PM

It is Thursday that Renault will publish its turnover for the first quarter. Strong growth is expected, after the increase in group sales, in volume, of 20% in Europe to 231,125 vehicles. The Renault brand’s market share on the Old Continent stood at 6.2%, up 0.2 percentage points year on year. The billings presented this Monday by the equipment manufacturer Faurecia can also encourage optimism, while, a factor of weakness in 2022 in a context of severe shortages and disruptions in the supply chain, the weight of this geographical area in sales of the group boosted sales at the start of the year. Renault is also a very European manufacturer.

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