PARIS – Renault SA this year expects to increase its profit margin and revenue in spite of a projected market decline in Europe, says Louis Schweitzer in his recent announcement that profits nearly doubled in 2002, to €1.9 billion ($2 billion). Renault operated with a profit margin of 4.1% in 2002, up from 1.3% the year earlier. Some of last year's increase was thanks to new international accounting measures, he says. Renault is counting on new Megane II to continue strong sales. ...
Premium Content (PAID Subscription Required)
"Renault Forecasts Revenue Growth for 2003" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642