Renault's European Sales Face Intense Competition from Chinese Rivals. Despite a slight dip in overall sales of 0.4 percent through June, Renault's brand volume received a boost from the success of its new R5 electric model. However, the company's Dacia brand struggled to keep pace, with sales plummeting by 8.7 percent due to a limited electric vehicle lineup. As Chinese automakers continue to expand their presence in Europe, Renault faces increasing pressure to maintain its market share and stay ahead of the 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 ...
