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Renault H1 sales rise 10.4% to 1.88 million as product offensive pays off

Renault shares were up 1.7% in early session trading

Reuters  |  Paris 

French carmaker Renault posted record vehicle sales for the first half as a sustained product offensive lifted global deliveries by 10.4 per cent - with a well-timed China SUV launch and a renewed push into Iran both contributing. Sales advanced to 1.88 million light vehicles in January-June, Renault said on Monday, at four times the rate of the global auto market's 2.6 per cent expansion. Renault, based in the Paris suburb of Boulogne-Billancourt, is reaping the rewards of a comprehensive overhaul of its lineup under chief designer Laurens van den Acker, who joined the ...

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First Published: Mon, July 17 2017. 15:53 IST