RENAULT 2023 SALES RETURN TO GROWTH WITH FOCUS ON TOP MODELS AND MARKETS

Renault (RENA.PA), opens new tab on Wednesday reported a 9% increase in annual global sales volumes for 2023, returning to growth after four consecutive years of decline and the French automaker said it was poised to continue performing well in 2024.

In morning trading, Renault shares were down 1.9%, alongside other European automakers whose shares were hit after Tesla (TSLA.O), opens new tab slashed prices of its Model Y electric cars in Germany.

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