Latest results frustrate Renault’s H2 turnaround plans.
PARIS – French consumers in July did not help their national auto makers get a good start on their plans to recover in Europe in the year’s second half. Car and van sales were down 5.6% for the month despite two extra selling days. The shortfall was 14.6% on a daily sales basis. Renault and Dacia deliveries fell 5.8% and PSA Peugeot Citroen was off 8.5%, losing share to foreigners. Dacia sales nearly doubled, but the Renault brand suffered a 17.9% drop. Although the ...
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