Renault global sales fall for the third consecutive year in 2021

FILE PHOTO: The Renault logo is seen at a dealership in Paris, France, August 15, 2021. REUTERS/Sarah Meyssonnier

PARIS, Jan 17 (Reuters) – French car group Renault said its worldwide sales fell for the third straight year in 2021, mainly due to chip supply problems.

Renault said sales of passenger cars and light vehicles fell 4.5% last year to 2,696,401 units.

Sales of the Renault brand fell by 5.3%, although those of the Dacia brand increased by 3.1% and those of Lada grew by 0.3%.

Renault, which under the direction of its CEO Luca de Meo is promoting the production of electric vehicles on par with its rival companies, said that it maintains the sales policy initiated in the third quarter of 2020, which is leading to an increase in the share of your sales in the most profitable channels.

Renault said that in its five main European markets – France, Germany, Spain, Italy and the United Kingdom – the share of sales to retail customers now represents 58%, an increase of 6 points compared to 2019, before the start of the pandemic. of COVID-19.

(Reporting by Dominique Vidalon; editing by Sudip Kar-Gupta; translation by Darío Fernández)



Reference-www.infobae.com

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