AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Renault’s revenue grows by 1.8% to €11,707 million in the first quarter.

Publisher by Publisher
April 23, 2024
in Latest News
Reading Time: 2 mins read
0
Renault e Volvo criam empresa para desenvolver furgões 100% elétricos

Renault announced this Tuesday that it billed €11,707 million in the first three months of 2024, which represents a growth of 1.8% compared to the same period last year, but discounting the negative effect of currency devaluation such as the Argentine peso and the Turkish lira, the increase represents 5.9%.

In a statement, the French group revealed that between January and March it sold 549,099 vehicles worldwide, 2.6% more than in the same months of 2023, reporting revenues of €10,446 million for its automotive division.

The turnover of that division fell by 0.7% in raw data due to the effect of the devaluation of important currencies for the brand’s business – Argentina and Turkey – which subtracted €447 million, but in comparable data it increased by 3.6%.

According to Renault, this progression was due, first and foremost, to what the French brand calls a “commercial policy focused on increasing value and prices” to compensate for currency devaluations.

Thus, sales to individuals, which offer higher profitability, represented 66% of the total and sales of hybrids and electric vehicles together represented 48% for the Renault brand, eight percentage points more than a year earlier.

However, purely electric vehicles represented 10.5% of the Renault brand in the first quarter of the year, when in the same period of the previous year they accounted for 11%.

The financial director of the French group, Thierry Pieton, stated that the percentage of electric vehicles will increase in the coming months benefiting from the launch of new models. It should be noted that Renault has 10 launches planned by the end of 2024 in all types of engines.

“The first quarter revenue continues to illustrate the rigorous application of our value-focused commercial policy. The strong order book at the end of March and our upcoming launches will provide a sequential acceleration of activity. Together with an increase in cost reduction, they will drive our financial performance”, emphasized Thierry Pieton.

Tags: 1.º trimestre2024faturaçãoRenaultThierry PietonVendas
Share212Tweet133Send

Related Posts

Bentley Flying Spur: homenagem  em dose tripla
Latest News

Bentley Flying Spur: a tribute in triple dose.

Three new derivatives of the Flying Spur presented by Bentley, created to commemorate significant dates of several models that marked...

by Redação
October 24, 2025
Elixir da juventude? Alfa Romeo Giulia e Stelvio até 2027
Latest News

“Elixir of youth? Alfa Romeo Giulia and Stelvio until 2027”

The phase that Alfa Romeo is currently going through may not be the most stimulating, due to some fundamental changes...

by Redação
October 24, 2025
Carta de condução (e não só…) com novas regras europeias
Latest News

Driving license (and not only…) with new European rules.

Following a proposal initially presented by the European Commission in March 2023, the European Parliament has just approved a set...

by Redação
October 23, 2025
Mercedes 500SL de 1982: “quarentão” com apenas 67 km
Latest News

1982 Mercedes 500SL: A “forty-something” with only 67 km.

A SLSHOP, Avon’s company specialized in classic Mercedes automobiles, has discovered, in the United Kingdom, a unique specimen of the...

by Redação
October 22, 2025

Recent News

McLaren Faces 2007 Déjà Vu: High-Stakes Title Battle between Norris, Piastri, and Verstappen!

McLaren Faces 2007 Déjà Vu: High-Stakes Title Battle between Norris, Piastri, and Verstappen!

October 25, 2025
Hamilton’s Fiery Warning to Ferrari: Avoid ‘Silly’ Mistakes After Shocking Mexico Practice!

Hamilton’s Fiery Warning to Ferrari: Avoid ‘Silly’ Mistakes After Shocking Mexico Practice!

October 25, 2025
Aston Martin Faces Financial Reckoning: Cost Cap Breach Risks Exposed Amid FIA Delays!

Aston Martin Faces Financial Reckoning: Cost Cap Breach Risks Exposed Amid FIA Delays!

October 25, 2025
Lando Norris Reveals McLaren’s Disturbing Balance Struggles After F1 Mexico GP Practice

Lando Norris Reveals McLaren’s Disturbing Balance Struggles After F1 Mexico GP Practice

October 25, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.