Renault sales start closing gap with 2019

Renault's car sales are closing in on pre-lockdown levels.

The French carmaker reported an 18.7% increase in worldwide vehicle sales in the first half of the year on Friday (July 16), rebounding from a drop of over 21% in 2020 due to the impact of the global health crisis.

Budget brands are leading the charge.

Dacia increased sales by almost a quarter, while Lada was up by over a half.

Renault is pushing into electric vehicles while trimming costs, including by focusing on fewer but more profitable ranges, and was particularly boosted by sales in Europe.

It said this strategy was starting to bear fruit amid a recovery in demand, although its latest figures reflect sales by volume only.

Renault is due to report full first-half results on July 30.

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