Renault Group Q3 – 20% Increase in Revenue at €9.8B

Renault Group Q3 2022 Financial Results Light Vehicle Sales- courtesy of Renault Group

Ken Zino of AutoInformed.com on Renault Group Q3 - 20% Increase in Revenue at €9.8B

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“The growth of the activity in the 3rd quarter continues to reflect our commercial policy focused on value, improvement of the pricing policy, optimization of commercial discounts and priority to the most profitable channels. The Group is also beginning to benefit from the renewal of the range with the promising start of Renault Megane E-tech Electric and the successful launch of Dacia Jogger. Renault Austral, which is currently being launched, reinforces the Group’s return to the C segment. These are all levers that improve the Group’s competitiveness and will enable us to achieve our 2022 objectives while waiting to unveil new mid-term ambition during our Capital Market Day on November 8th,” said Thierry Piéton, Chief Financial Officer of Renault Group.

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