Including the Chinese joint-venture that was set up in 2017 (it operates Jinbei and Huasong light commercial vehicle brands), deliveries amounted to 3.88m, an increase of 3.2% compared to the 2017 number which excluded any joint-venture deliveries. Excluding this volume of 166k LCVs, deliveries fell by 1.2% to 3.72m in 2018. We had expected 3.9m units. This gap of almost 5% or around 180k units is not insignificant. Africa, the Middle East, India was the weak spot last year. Regional deliveri
18 Jan 2019
2018 deliveries were short of our projections
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2018 deliveries were short of our projections
Renault SA (RNO:WBO) | 0 0 2.2% | Mkt Cap: 26,021m
- Published:
18 Jan 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Including the Chinese joint-venture that was set up in 2017 (it operates Jinbei and Huasong light commercial vehicle brands), deliveries amounted to 3.88m, an increase of 3.2% compared to the 2017 number which excluded any joint-venture deliveries. Excluding this volume of 166k LCVs, deliveries fell by 1.2% to 3.72m in 2018. We had expected 3.9m units. This gap of almost 5% or around 180k units is not insignificant. Africa, the Middle East, India was the weak spot last year. Regional deliveri