Paris, July 18, 2024 – French automaker Renault has reported a slight increase in sales for the first half of the year, selling 1.9% more vehicles than in the same period last year. A total of 1,154,700 units were sold, with nearly three-quarters of those in Europe.
The growth was driven in particular by strong demand for hybrid models in the European market, which accounted for 29.6% of sales in the region. Overall, sales in Europe rose by 6.7%.
The sales increase is good news for Renault, as it comes after four years of declining sales. The company is focusing on a value-driven strategy and on electrifying its fleet, which appears to be paying off.
Sources: Automotive News Europe
Table:
Indicator | Value | Change (2023) |
---|---|---|
Total sales | 1,154,700 vehicles | +1.9% |
Sales in Europe | ~858,525 vehicles | +6.7% |
Sales of electrified vehicles in Europe | 29.6% of sales in Europe | – |