Stock market quotes, forex, financial news, forex tools – money-investing.com

Renault stock price is going up on the news about increase in sales

 Breaking News
  • US Ministry of Energy predicts reduction of oil prices The US Ministry of Energy has published a monthly report, which turned out to be discouraging. It is expected that in the last quarter of this year the price for...
  • 28 Chinese companies are blacklisted by the US Everyone knows that just in few days two powerful states China and the USA – are starting the next round of the negotiations. Official Beijing has announced that it is...
  • Startup WeWork again in spotlight We have been writing about the startup WeWork, which was forced to postpone the initial public offering. They earn by renting commercial space for a long time in order to...
  • Massive cuts in HSBC HSBC Holdings Plc, the largest bank in Europe and one of the most significant and serious players in the global financial market, has announced the launch of a cost-optimization program....
  • Oil quotes still wait for negotiations Today, at 8.15 a.m. Moscow time, futures for Brent crude oil were trading in London for $ 58.31 per barrel. This is only 0.1% below the closing price of the...
Renault stock price is going up on the news about increase in sales
July 17
09:00 2017

A French automaker Renault has achieved impressive success. It became known that sales had increased by about 11% for the first half of 2017. If we turn to absolute figures, the concern has managed to sell 1.88 million cars for the first half of this year. At the moment, this value is a record for this time period.

The share of the French auto giant in the global automotive industry for the indicated period has increased by 0.3% and amounted to 4.1%.
The car company with headquarters in the suburbs of Paris promotes the following brands: Renault, Dacia, Lada and Renault Samsung Motors.

For each of the brand, the automaker recorded sales growth:
– Renault: by 9.7%, 1.34 million cars;
– Lada: by 12.2%, 150 thousand cars;
– Dacia: by 11.8%, 331 thousand cars;
– Renault Samsung Motors: by 12,5%, 52,8 thousand cars.

As for the growth in geographical location, the largest increase (50.5%) was recorded in the Asia-Pacific region. A region that unites Africa, India and the Middle East is on the second place (19.3%). Excellent success (14.6%) was achieved in South and North America. Europe (without France) has bought 7.8% more cars of the concern than for the same period last year.
At the moment, cars produced by the concern are sold best at home, in France (about 368 thousand), the second market is the Russian Federation (200 thousand).

Renault stocks are rising in price on the positive reporting. The growth for Monday was 1.9%. The trend will continue in the next few days.

The material was prepared with the participation of Andrey Majorov,
a leading analyst of the brokerage company CT Trade

Related Articles

3 Comments

  1. forex top broker
    forex top broker July 23, 08:26

    Very nice site. Well presented . Keep it up. !!!

    Reply to this comment
  2. Winfred Brignolo
    Winfred Brignolo February 07, 15:19

    Certainly I like your web-site, however you need to check the spelling on several of your posts. Many of them are rife with spelling issues and I find it very silly to tell you. However I’ll certainly come again again!

    Reply to this comment
  3. Willy Husain
    Willy Husain September 18, 20:31

    Great post. Do you have any other ones you can deliver? I love the content. 🙂

    Reply to this comment

Write a Comment