Renault Shares Gain on Higher 2024 Sales Volume
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
0mins
Source: TipRanks
Renault's Sales Growth: Groupe Renault reported a 1.3% year-over-year increase in sales volume for 2024, reaching 2.26 million vehicles, marking its second consecutive year of growth despite slower growth compared to 2023.
Market Position and Future Plans: While Volkswagen faced a decline in global deliveries, Renault's Q4 performance was strong due to new electric vehicle launches, and the company plans to introduce seven new models in 2025 following a significant restructuring in 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
