Renault: split in sight

Numbers. Renault’s figures for the third quarter exceeded expectations. The brand’s global sales increased by 11%, driven by a 36% increase in Europe. While Stellantis has deliberately chosen profitability to the detriment of volumes, the Billancourt manufacturer is benefiting from the decline of its major competitor. As such, Renault also benefits from the renewal of its range… However, Luca de Meo’s group is increasingly dependent on the Old Continent, an area where it achieves more than 70% of its registrations.