Automakers

Renault revenue beats estimates as EV price pressure grows

Austral 3.jpg
The Renault Austral compact SUV (shown) helped improve Renault's sales and revenue in the first quarter, the automaker said, with customers opting for high-end trim levels.
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By:
Staff and wire reports
April 20, 2023 06:19 AM

Renault Group reported better-than-expected sales in the first quarter on robust demand for new models such as the Austral sport utility vehicle and improving supply of key auto parts such as semiconductors.

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