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Renault: the decline in sales continues in 2021, at -4.5%


Shortages weigh on the group: some 500,000 cars could not be produced for lack of electronic components.

The Renault group announced on Monday that its sales had continued to decline in 2021, with nearly 2.7 million vehicles sold worldwide (-4.5% compared to 2020).

The French automotive group is pursuing its new commercial policy, looking for profitable sales more than large volumes, but has also been strongly affected by the shortage of electronic chips, its management explained on January 13.

Read alsoRenault aims for 100% electric vehicles by 2030

Some 500,000 cars could not be produced for lack of electronic components, said Losange general manager Luca de Meo.

The group's order portfolio in Europe has doubled compared to 2020 and amounts to more than 3 months of sales, in particular among its hybrid cars, its utility vehicles, and the economical Dacia Sandero, the 2nd best-selling car to individuals in Europe.

Read alsoIn Douai, Renault revives a historic factory thanks to electric

The Renault brand sold 30% of hybrid and electric vehicles in Europe, excluding utility vehicles, compared to 17% in 2020. It is aiming for 100% electric vehicles by 2030. Dacia increased by 3% with 537,095 sales, driven by the Sandero but also by its SUV Duster.

Alpine's sales almost doubled with the success of the sports A110, which sold 2,659 units.

The group has also confirmed that it has reached its European CO2 emissions targets (CAFE) in 2021.

Source: lefigaro

All business articles on 2022-01-17

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