Renault saw its car sales rising to more then 2.06m in H1 18. However, about half of the absolute growth number of 185k units was the result of the first-time consolidation of the new Chinese joint-venture with Brilliance. Excluding this, the growth rate was 5.3%. In fact, excluding this number from the total reported for APAC, the regional sales number was down by 15% to 85k instead of the reported growth rate of 70% to 170k. Nevertheless, Renault’s sales growth rate accelerated in Eur
16 Jul 2018
Vehicle sales were up by 10% in H1 18
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Vehicle sales were up by 10% in H1 18
Renault SA (RNO:WBO) | 0 0 2.2% | Mkt Cap: 26,021m
- Published:
16 Jul 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
Renault saw its car sales rising to more then 2.06m in H1 18. However, about half of the absolute growth number of 185k units was the result of the first-time consolidation of the new Chinese joint-venture with Brilliance. Excluding this, the growth rate was 5.3%. In fact, excluding this number from the total reported for APAC, the regional sales number was down by 15% to 85k instead of the reported growth rate of 70% to 170k. Nevertheless, Renault’s sales growth rate accelerated in Eur