New models help Renault maintain sales in third quarter …C0NTINUE READING HERE >>>
Renault has big hopes for its little R5 to boost its sales of electric cars, tapping into nostalgia for a popular model of the 1980s and 1990s.
Photo: JULIEN DE ROSA / AFP
Source: AFP
Renault said Thursday it managed to post an increase in third quarter revenue, weathering the overall slowdown in auto sales better than many rivals thanks in part to the introduction of new models.
Overall revenue at the French carmaker edged 1.8 percent higher to 10.7 billion euros ($11.6 billion) in the third quarter, although auto sales dipped 0.5 percent to 9.3 billion.
The results beat analyst…
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