Mexican Media Brands
Renault’s Revenue Rises on Flat Sales
Renault Group's vehicle sales were unchanged at 612,900 units in July-September.
#economics
Share
Renault Group's vehicle sales were unchanged at 612,900 units in July-September. But revenue climbed 7% to €8.5 billion on increased sales to partners.
Renault predicts the European market will expand 5% this year, up from a previous forecast of 3%-4%.
The company, which doesn't report quarterly financial results, reiterated its guidance for 2014. It expects to achieve unspecified improvements in sales, revenue and operating profit, including positive free cash flow for its automotive unit.
RELATED CONTENT
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.