French carmaker Renault will raise recommended retail prices for all models of its cars produced in 2020 from January. This was reported to TASS in the press service of Renault.
“We confirm a slight increase in prices, about 2%, for cars in 2020. The increase is due to a small change in equipment (for example, the ERA-GLONASS installation), as well as the general macroeconomic situation. As usual, the minimum increase is to maintain maximum competitiveness.” , – the press service said.
Earlier, the Vedomosti newspaper, citing one of the dealers of the French automaker in Russia, reported an increase in prices of Renault cars produced in January since January. A newspaper source said that on average the price will increase by 2.4%. At the same time, cars produced in 2019 will be sold at the same prices.
The total revenue of the Renault group for the nine months of 2019 decreased by 5.1% compared with January – September 2018, to € 39.35 billion. In the III quarter, the company’s revenue amounted to € 11.3 billion – by 1.6% over the same quarter 2018 year.
Renault global sales in the III quarter decreased by 4.4%, to 852.2 thousand vehicles. According to the results of nine months, the company sold 2.791 million cars, which indicates a decrease in sales by 6% in annual terms.