Tag Archives: Renault results

Renault Group Reports +15% Revenues, Record Sales in Q1

Posted on 26 April 2011 by Ken Zino

Ghosn reaffirmed the company’s €500 million cash flow target for 2011, but because of uncertainties caused by the Japan earthquake and ongoing production stoppages, Ghosn refused to increase his forecast for the year even though Q1 sales was well ahead of plan. The ongoing forecast simply says the both sales and revenues will increase in 2011. Continue reading →

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Renault Group Reports €38.97 Billion in 2010 Revenue; Return to Profitability Because of Record Sales of 2.6 Million Vehicles

Posted on 31 January 2011 by Ken Zino

Renault Group has turned around its results, according to a statement issued today by Carlos Ghosn, Chairman and CEO.

“Renault can already announce that, driven by record commercial results in a growing world market and good cost control, the Group has largely exceeded its annual free cash flow objective and reduced net automotive debt to €1.4 billion,” Ghosn said. Continue reading →

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Renault-Nissan Alliance Posts Record 2010 Sales of 7.3 million

Posted on 28 January 2011 by Ken Zino

The Renault-Nissan “Alliance” had a record year with 7,276,398 units sold in 2010, a 19.6% increase over 2009 in a market that grew by 11.8%, Renault today said in a release.

This means that Renault-Nissan Alliance captured 10.3% of the global market in 2010, if you use Renault’s estimate of 70,476,213 vehicles sold during the calendar year. Continue reading →

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