Renault brand sales up 11% in first half

PARIS (Reuters) – French automaker Renault (EPA:) said on Tuesday worldwide sales of its flagship brand rose 11% in the first half of the year to 770,807 units, extending a rebound after four years of declines.

The increase marks an acceleration from the 9% growth in sales reported in the first quarter of 2023.

In 2022 sales for the Renault brand – which account for around two thirds of overall group sales – had fallen by 9.4% – their fourth consecutive yearly decline.