Renault: Q3 sales down over 13%

(CercleFinance.com) - Renault has announced Q3 2021 revenues of nearly nine billion euros, which are down 13.
4% (-14% LFL), while global sales fell by 22.3% to 599,027 vehicles.

The carmaker says that it is continuing its commercial policy that it began in Q3 2020, which led to a higher share of its sales in the most profitable channels, along with a positive price effect of almost three points over the quarter.

Despite the increase in production losses due to the lack of components estimated over the year, Renault confirms its target of a FY group operating margin that is similar to that in H1.


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