Renault posts 1.8% rise in Q1 sales, boosted by financing arm- Republic World

Renault posts 1.8% rise in Q1 sales, boosted by financing arm- Republic World

Renault Q1 sales | Image:Renault Renault Q1 sales: French automaker Renault disclosed on Tuesday that its first-quarter revenue experienced a modest growth of 1.8 per cent, with the performance of its financing division compensating for a decline in core automotive sales turnover.During the period, the group managed to sell 549,099 units, contributing to a total revenue of €11.7 billion ($12.47 billion).The reported revenue surpassed expectations, outpacing a company-provided consensus…
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Source: https://www.republicworld.com/business/industry/renault-posts-18-rise-in-q1-sales-boosted-by-financing-arm/?amp=1