Renault: sales fall 6.7% in 1H
(CercleFinance.com) - The Group has recorded 1,938,579 vehicle sales in the first half of the year, down 6.
7% per cent in a market in decline by 7.1%.
In Europe, registrations were stable in a market that fell by 2.5%.
Outside Europe, the Group has suffered from a market decline in Turkey: (-44.8%) and in Argentina (50.2%), as well as the end of sales in Iran since August 2018.
In Russia, the Group's second market in terms of sales volumes, it is the market leader with a 28.8% market share, up 0.45 points. Sales are down 0.9% in a market declining by 2.4%.
“In 2019, the Global Automotive market is expected to decline compared to 2018. The European market is expected to be stable (excluding "hard Brexit"), the Russian market to be down by 2 to 3% and the Brazilian market to grow around 8%”, indicates the group.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
7% per cent in a market in decline by 7.1%.
In Europe, registrations were stable in a market that fell by 2.5%.
Outside Europe, the Group has suffered from a market decline in Turkey: (-44.8%) and in Argentina (50.2%), as well as the end of sales in Iran since August 2018.
In Russia, the Group's second market in terms of sales volumes, it is the market leader with a 28.8% market share, up 0.45 points. Sales are down 0.9% in a market declining by 2.4%.
“In 2019, the Global Automotive market is expected to decline compared to 2018. The European market is expected to be stable (excluding "hard Brexit"), the Russian market to be down by 2 to 3% and the Brazilian market to grow around 8%”, indicates the group.
Copyright (c) 2019 CercleFinance.com. All rights reserved.