“/>
On Wednesday Renault recorded zero growth in the volume of sales of the second quarter, after a dip in the demand for vans in Europe he compensated for the growth of cars.The French car manufacturer, who had warned last week of June sales volumes than expected, said that sales of the second quarter decreased by 0.1%, despite a series of new vehicles of vehicles.
This compared to the growth of 2.8% in the first quarter.
“During the first half of the year, we saw an increasingly stronger competition among players in the European commercial vehicles market,” said Ivan Segal, sales director and global operations for the Renault brand, which represents 70% of the sales of the French car manufacturer.
“The question is difficult, we perceive an economic context full of uncertainty, certainly leading companies to postpone a number of purchases,” he told journalists. Renault is currently managed by his financial boss Duncan Minto while looking for a new CEO to replace Luca De Meo, who started this month.
The company, which will publish its entirely semester data on July 31, also last week revised the operating margin for the whole year and the forecasts of the free cash flow.
While car sales of the Renault brand increased by 8.4% in the first half, thanks in particular to The Clio, a best-seller in Europe, the sales of highly profitable vans and light commercial vehicles, which constitute a fifth of the volumes of sales of Renault, have decreased by 29%.
The decline was exacerbated by an unfavorable basic effect and an update of its product offer.
Sales of electric vehicles of the Renault brand increased by 57%, however, by overcoming a market that grew by 25%, thanks to the success of R5 in France, Germany and Spain.
The A290, the new electric model with the Renault Alpine Premium sports brand, helped the brand to publish a jump of 85% in the recordings in the first half of 2025.
Segal said she expects the Renault brand to resume the market share in commercial vehicles in the second half.
He added that the overall growth would be “in line” with the first half while the brand would have seen two -digit growth outside Europe.
Renault generates over 70% of its sales in Europe, which protected it from commercial interruptions related to US rates but makes it vulnerable to any slowdown on the continent in which the competition of new Chinese competitors is increasing.
In search of higher growth markets, the Renault brand has launched new models in Latin, Turkey, Morocco and Korea America, which involved an increase of 16.3% of sales outside Europe in the first half of the year.
Discover more from Gautam Kalal
Subscribe to get the latest posts sent to your email.
Be First to Comment