Home / Market Update / Forex Market / Renault sales 2022 fell by 30% after the exit from Russia

Renault sales 2022 fell by 30% after the exit from Russia

French carmaker Renault on Tuesday reported a decline in its car sales in the first half of 2022 after shutting down its activities in Russia, its second-largest market, following the invasion of Ukraine.

The group said its worldwide sales fell 29.7 percent compared to last year, to just over one million vehicles. Excluding the activities of AvtoVAZ and Renault Russia, the number of units sold decreased by 12 percent year on year.

Check Also

Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action

The Japanese Yen came under renewed selling pressure at the start of the week, pushing …