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Renault presents quarterly figures
The corona crisis is noticeable, but it helps a model to grow dramatically.
Renault presents quarterly figures
The Renault Group has one in the third quarter of 2020Sales of 10.374 billion eurosachieved (-8.2 percent or -3.2 percent at constant exchange rates compared to the third quarter of 2019). In the same period, the Renault Group achieved806,320 admissions(passenger cars and light commercial vehicles), that is6.1 percent lessthan in the comparable period last year.
TheMarket shareof the grouprose to 10.3 percent in Europe. In September, Renault Group registrations grew by 8 percent, significantly faster than the market (plus 3 percent). Growing strongly with an increase of150 percentcould the electric in the third quarterRenault Zoe. Against this background, Renault is confident that it will achieve the CAFE goals (CO2-Fleet targets in Europe) for 2020.
The Renault CEOLuca de Meoexplained:"The third quarter shows the new direction of our commercial strategy, which focuses more on profitability and less on volumes. Our good performance in the area of electric vehicles, the good response to our new E-Tech hybrid models, our liquidity reserves and the good spirit in the company give us confidence in the company's ability to start the turnaround."