Renault sales plummet in first half

by time news

Shortages of microchips are still troubling the group, which is also paying the price for its exit from Russia.

The commercial ebb continues for Renault. The group posted a drop in its registrations of nearly 30% in the first half of 2022, to 1 million vehicles. This commercial Berezina is explained by the retirement from Russia, announced in May with the final departure from the country where the group was number one. Without this element, sales still fell by 12%, which is still considerable. The Renault brand was particularly penalized, with a decline of 16.9% (to 691,000 vehicles). On the other hand, Dacia increased by 5.9% (to 262,000 units) and Alpine soared by 70% (but to only 1,710 vehicles).

In reality, the group – and its commercial performance – remains troubled by shortages of electronic chips. “We sold everything we produced, explains Fabrice Cambolive, Deputy CEO of Renault. 100% of the decline is attributable to semiconductor shortages. » A situation that should make it possible to favor the production of vehicles with higher margins

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