Renault Reports Third-Quarter Revenue Growth of 1.4%
Renault Group said third-quarter revenue rose 1.4%, with higher retail sales of electric models in major markets including France offsetting lower volumes and price pressure from Chinese competitors.
Renault Group EURONEXT:RNO reported a better-than-expected 1.4% rise in third-quarter revenue on Thursday, as higher sales of its popular electric models to retail customers in major markets such as France helped offset lower volumes and price pressure from Chinese competitors.Revenue rose 1.4% at…