Fall of 3.4% for Renault, but it says this beats ove - leatherbiz: Lea Leatherbiz

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Fall of 3.4% for Renault, but it says this beats overall market decline

20/01/2020
Fall of 3.4% for Renault, but it says this beats overall market decline
Automotive group Renault sold 3.75 million vehicles in 2019, down by 3.4% on its sales in 2018. The Renault Group pointed out on releasing the figures that downturns in three markets,  Iran, Argentina and Turkey, more-than accounted for this drop. In contrast, it reported strong growth in India, Brazil and Russia.

It also said it calculates the global market decline, across all automotive brands, to have been 4.8% last year.

Sales of the group’s electric vehicles exceeded 62,000, an increase of 23.5% year on year.



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