Renault is going to increase car sales by 40% till 2022

07 Oct 2017 1341views Comments ?
Renault increase car sales

The French company Renault hopes to increase revenue to 70 billion euros by 2022. The strategic plan for six years was published by the producer. It is expected that during this time, sales will grow by 40% and Renault will manufacture 5 million cars a year. Last year, Renault company implemented 3.5 million cars. Moreover, the producer is going to reduce expenses by 4.2 billion euros.

The company intends to develop technologies in the services of car-rental and taxi as well as new cars on electric traction. Expansion of presence in Russian Federation and use of good conditions of the markets in Brazil, India, and Iran are planned. Also, the auto company is considering the possibility of founding a joint venture in the territory of China.

Leave a Comment on this news


Your email address will not be published

Featured Auto News

named-three-best-cars-of-2017

Named three best cars of 2017

At the Motor Show in Geneva called finalists of the competition World Car Awards. According to the list published on the official website of the World Car Awards, the German Audi ...

Featured Video