Renault Reports Slight Growth in Third-Quarter Revenue
37 Articles
37 Articles
The improvement in revenues is due especially to the vehicles that the group manufactures for or with other brands, such as the Chinese Geely in Brazil, or the financing of sales for customers. According to the figures published on Thursday, this quarter confirms the trends that allowed the group to return to profits in the first semester. The turnover of the third trimester increased by 1.5% year-on-year, to 11,600 million euros (almost 13 bill…
French automotive giant Renault achieved €11.6 billion in revenue in the third quarter, supported by its electric models, despite price pressure from Chinese manufacturers and declining sales volumes. Following the better-than-expected results, the company's shares experienced a rapid rise on the stock exchange.
The Renault Group kept the projection for the whole year, as it continues to cut costs and launch new models as part of its strategic plan. Exclusive material for subscribers. To have full access, access the link of the material and register.
The Renault Group sold significantly more electric cars in the third quarter of 2026, while global sales declined.
The Renault and Alpine brands have continued to grow, while Dacia faces strong competition from the Chinese market.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
