{"id":232966,"date":"2021-04-22T10:34:20","date_gmt":"2021-04-22T07:34:20","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/renault-first-quarter-sales-close-to-2020-level\/"},"modified":"2021-04-22T10:34:20","modified_gmt":"2021-04-22T07:34:20","slug":"renault-first-quarter-sales-close-to-2020-level","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/renault-first-quarter-sales-close-to-2020-level\/","title":{"rendered":"#Renault first-quarter sales close to 2020 level"},"content":{"rendered":"

“#Renault first-quarter sales close to 2020 level<\/strong>”<\/p>\n

\n French automaker Renault posted Thursday first quarter sales of 10 billion euros, slightly below the level recorded a year earlier as the coronavirus began to spread worldwide.<\/p>\n

Sales of utility vehicles and the low-cost Dacia brand accounted for a substantial share of the first-quarter figure, a group statement said.<\/p>\n

In the first three months of 2020, Renault had notched up sales of 10.1 billion euros ($12.1 billion), which was already below the 2019 figure of 12.5 billion euros.<\/p>\n

The 2021 first quarter figure “has confirmed the positive impact of the group’s profitability-oriented commercial policy,” a company statement said as it began to emerge from a year marked by the COVID-19 pandemic.<\/p>\n

It underscored that Renault “is progressing on the most profitable sales channels”.<\/p>\n

Unit sales gained 1.1 percent meanwhile to 665,038 vehicles for all of the group’s brands, which include Renault, Dacia, Lada, Alpine, Renault Samsung Motors and Jinbei & Huasong.<\/p>\n

That was accompanied by a sharp drawdown in the group’s stocks of vehicles, which stood at 487,000 vehicles on March 31, compared with 661,000 a year earlier.<\/p>\n

Globally, Renault sales rose slightly, pulled by utility vehicles and Dacia, which successfully rolled out a new version of its popular Sandero model.<\/p>\n

In the first half of 2020, Renault suffered a loss of 7.3 billion euros owing to effects of the COVID-19 pandemic, and for the the year as a whole its sales plunged by 21.3 percent.<\/p>\n

The group launched a cost-cutting programme aimed at saving more than 2.0 billion euros over three years, in part through the elimination of 15,000 jobs worldwide.\n <\/p>\n\n

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Renault says pandemic pushed it into record loss in 2020\n <\/p><\/div>\n

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\n \u00a9 2021 AFP<\/p>\n

<\/p>\n

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Citation<\/strong>:
\n Renault first-quarter sales close to 2020 level (2021, April 22)
\n retrieved 22 April 2021
\n from https:\/\/techxplore.com\/news<\/a>\/2021-04-renault-first-quarter-sales.html<\/p>\n

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