[ad_1]
B oulogne-Billancourt (dpa) – The French car manufacturer Renault has collapsed. The bottom line, the group earned in the first half of the year another 2 billion euros, almost a fifth of less than a year.
The reason was that the stake in the Japanese Nissan manufacturer less than a year ago. The French hold 43% of the Japanese automaker.
Renault's business is however better behaved: operating profit in the first half grew more than 5% to 1.9 billion euros, as was the case in the first half of the year. Renault announced in Boulogne-Billancourt [19659004] Sales grew by only 1.4% to 30 billion euros, despite significant growth in unit sales, as the strong euro has mostly slowed the conversion. Renault CEO, Carlos Ghosn, spoke of an unstable environment
The PSA national competitor with the Peugeot and Citroën brands had significantly increased its profitability in the first half, partly because savings and more expensive SUVs had supported profit
[ad_2]
Source link
