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The French automaker Renault Group, following the results of the first half of the year, reported a drop in sales of 6.7% from the same period a year earlier to 1.94 million vehicles. Nevertheless, the group was able to keep the global car market share at 4.4% due to a decrease in global car sales by 7.1%. During this period, the company sold 1.23 million Renault cars and light trucks. Over the year, this figure fell by 11.5%. Brand Dacia recorded sales growth by 4.5% to 395.1 thousand units. The growth at the level of 8.7% was demonstrated by the Lada brand, the number of sold cars of this brand was 199.16 thousand. The largest increase in sales was shown by the sports brand Alpine, their figure jumped 4.5% to 2.85 thousand cars. Brands such as Renault Samsung Motors, Jinbei and Huasong showed decreased sales. For six months, the company sold more than 30.6 thousand electric vehicles, which is 42.9% more than a year earlier.
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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