Renault's June Sales Slump Amid Intensifying European Competition from Chinese Rivals Renault's sales have taken a hit, with the French automaker reporting a 0.4 percent decline in sales through June. Despite the setback, the brand's electric offering, particularly the R5, has proven to be a bright spot, contributing to a surge in volume. However, the company's Dacia brand has struggled, with sales plummeting by 8.7 percent due in part to a limited electric lineup. As Chinese rivals continue to gain ground in the European market, Renault faces increasing pressure to revamp its offerings and stay competitive in the face of growing competition.
Renault sales dipped 0.4 percent through June as Chinese rivals pressured Europe. Renault brand volume grew on the success of the R5 electric, but Dacia fell 8.7 percent with a limited electric lineup ...
