2024 Q2: Renault Group records 0.4% revenue increase to €27.0bn, driven by lower raw-material costs and strong demand for premium SUVs.
Renault Group achieved record first-half results in 2024 with a 0.4% increase in group revenue to €27.0 billion, driven by lower raw-material costs and strong demand for premium SUVs. Despite a decline in electric vehicle demand in Europe, CEO Luca de Meo introduced ten new products, including the battery-powered Renault 5, to boost sales. Renault's shares have risen 29% this year, making it the top-performing stock in France's CAC 40 Index.
July 24, 2024
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