Renault : Renault Group sales down 4.5% over FY 2021
>December up vs previous months, group sales down 4.5% over FY - Renault yesterday announced 2021 sales results. All in all, after a new significant sequential improvement in December (261k units vs 216k in November and 197k in October), worldwide group sales fell 4.5% to 2.6m vehicles in 2021. This is the third year in a row in which the group volumes are down (-28% vs 2019 level) but this should not come as a surprise as this was due both to limited chips supply (gr...Renault is an automobile manufacturer. Co.'s activities have been organized into two main business sectors, in more than 120 countries: Automotive and Sales Financing. Co. designs, develops and sells passenger cars and light commercial vehicles. Following the acquisition of Romanian carmaker Dacia and Samsung Motors' operating assets in South Korea, Co. has three automotive brands: Renault, Dacia and Samsung. RCI Banque, Co.'s captive financing arm, finances sales of the Renault, Renault Samsung Motors (RSM) and Dacia brands, and, in Europe, the Nissan and Infiniti brands. In addition to these two activities, Co. has equity investments in the following two companies: Nissan and AVTOVAZ.
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