By Gilles Guillaume PARIS (Reuters) - Renault on Friday said its sales rose to 9.8 billion euros ($9.57 billion) in the third quarter, in line with analyst expectations, as price increases allowed the firm to generate revenue growth despite a fall in car sales from the previous year. Overall group revenues grew by 20.5% when adjusted for the disposal of its former Russian unit Avtovaz, the French carmaker said, adding that it recorded its best-ever price effect as quarterly vehicle sales decreased by 2.4% from last year. The third-quarter sales figure of 9.8 billion euros was bang in line with an analyst consensus provided by the company.
12, Dec 2022 07:27 AM
Renault says price hikes help sales grow in Q3, confirms outlook
By Gilles Guillaume PARIS (Reuters) - Renault on Friday said its sales rose to 9.8 bil... ..
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