Renault gains in high-margin compact segment as overall sales slump

Austral 3.jpg — The Austral is is expected to boost profitability.

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By:

Reuters

January 17, 2023 09:11 AM

PARIS -- Renault improved sales in higher-margin segments in 2022, a key component of CEO Luca de Meo’s turnaround plan for the brand, even as overall sales slumped by 9.4 percent.

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