Key facts
- Renault's first-half sales volumes decreased by 0.4% year-over-year.
- The company sold 1,165,133 vehicles in the first six months of the year.
- European sales, representing 70% of total volumes, fell by 1.3%.
- Higher competition from Chinese brands in Europe contributed to the sales dip.
Renault reported a slight decrease in sales volumes for the first half of the year, with a 0.4% drop compared to the same period in the previous year. The French automaker sold 1,165,133 cars and vans between January and June. The European market, which constitutes 70% of Renault's sales volumes, saw a 1.3% decline. This dip in Europe was partly attributed to a decrease in Dacia volumes, which also impacted the performance of the Renault brand. The company cited increased competition from new Chinese rivals in its key European market as a factor curbing growth for some of its brands.