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HomeNewsRenault Group reports first-half sales increase

Renault Group reports first-half sales increase

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Paris, July 18, 2024French 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:

IndicatorValueChange (2023)
Total sales1,154,700 vehicles+1.9%
Sales in Europe~858,525 vehicles+6.7%
Sales of electrified vehicles in Europe29.6% of sales in Europe
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