Renault Group's global sales down by 5.9% in 2022

ISTANBUL

French automobile manufacturer Renault Group's global sales posted a decline of 5.9% in 2022, to stand at 2.05 million units, according to a press release on Wednesday.

The group's top five markets were France, Germany, Italy, Türkiye, and Brazil last year.

While Renault's sales totaled 1.4 million in 2022, down 9.4% on a yearly basis, the sales of Dacia, Romanian manufacturer now owned by the French company, amounted to 573,837 units last year, increasing 6.8%.

Meanwhile, according to the European Automobile Manufacturers' Association (ACEA) data, the EU passenger car registrations shrank 4.6% last year on a yearly basis.

Due to supply chains problems, especially for semi-conductors, owing to pandemic restrictions particularly in China, many sectors lowered their production activities last year, including automotive.

Increasing prices among global issues, especially the Russia-Ukraine war, also affected sales all around the world.

ISTANBUL

French automobile manufacturer Renault Group's global sales posted a decline of 5.9% in 2022, to stand at 2.05 million units, according to a press release on Wednesday.

The group's top five markets were France, Germany, Italy, Türkiye, and Brazil last year.

Meanwhile, according to the European Automobile Manufacturers' Association (ACEA) data, the EU passenger car registrations shrank 4.6% last year on a yearly basis.

Due to supply chains problems, especially for semi-conductors, owing to pandemic restrictions particularly in China, many sectors lowered their production activities last year, including automotive.

Increasing prices among global issues, especially the Russia-Ukraine war, also affected sales all around the world.