Renault SA banks a 54% increase in first-half net profit compared with like-2004, earning €2.17 billion ($2.6 billion) during the period to outpace analysts' earnings forecasts by 10%. The auto maker cites gains from sales of assets and strong results at partners Nissan Motor Co. Ltd. and AB Volvo as fodder for the performance. Renault reaffirms its guidance that operating margin in 2005 will exceed 4%, compared with 5.9% year-ago. However, the auto maker says its 12-month performance ...

Premium Content (PAID Subscription Required)

"Renault Earns $2.6 Billion in First-Half, Delays Twingo" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.