The Renault group said sales at its flagship brand fell for a fourth consecutive year in 2022. It comes with the automaker in the middle of a turnaround in a drive to lift profits
Its global market share was 4%, shrinking 0.5 percentage points from a year earlier. Out the 10 top markets, the Renault brand scored an increase in sales in only two - Turkey and Colombia.
The Renault logo on the Renault Scenic Vision concept-car is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier Sales fell 15% in its top market France, were stable in number 2 market Brazil and fell 25% in the third most important market, Germany. Including Russia, global sales declined by 15%.
Fabrice Cambolive, Chief Operating Officer of the Renault brand, said he was optimistic things would improve this year as the company has a better portfolio and higher stocks.announced recently by Tesla were an issue that Renault - like rivals - would have to contend with.In November, the Renault group unveiled a
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