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Yahoo
27 minutes ago
- Yahoo
Renault reports overall sales growth in H1 2025
Renault Group has reported a 1.3% increase in its overall sales for the first half (H1) of 2025 compared to 2024, with 1,169,773 vehicles sold globally. In Europe, despite a passenger car (PC) market downturn of 1.0%, the group's sales rose by 5.4%, reaching 708,106 registered vehicles, with Sandero and Clio being the 'top-selling' vehicles. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service The Renault brand itself saw a 2.7% growth in global sales to 808,413 vehicles. Outside Europe, the Renault brand experienced a 16.3% growth, outpacing the market's 4.7% increase, attributed to the Renault International Game Plan 2027, with 36% of sales currently made outside Europe. In Latin America, sales rose by 24%, with significant increases in Brazil and Argentina. Renault is said to lead in Colombia with a 14.6% market share. Additionally, sales in Morocco and South Korea saw substantial increases, benefitting from the Kardian launch and the success of Grand Koleos, respectively. Despite a declining commercial vehicle market, Renault noted that it maintains the second place in the European light commercial vehicle (LCV)market. The Group's electrification strategy is also paying off, with electric vehicle sales up by 57% in Europe, driven by the Renault 5 E-Tech electric, and hybrid sales growing by more than 36%. In the C and higher segments, Renault's sales surged by 52%, especially with Austral, Espace, and Rafale models. However, the Dacia Brand's global sales slightly dipped by 0.7% due to the Duster now being sold under the Renault brand in Turkey. Dacia Sandero is claimed to be the 'best-selling' model in Europe. In H1 2025, Dacia Spring's sales increased by 62.5%, and Dacia Bigster has seen a strong performance since its launch. Dacia's sales in Europe rose by 1.1%, with a market share of 4.5%. The brand's electrification efforts resulted in 23.5% of its registrations being in electrified engines in H1, with hybrid vehicles signifying 17.2% of its sales. Alpine also continues its growth with an 85% increase in registrations. The A290 is also said to bolster the brand's sales with 3,699 global registrations. The company noted that, the brand will have around 200 Alpine Stores this year, with a new store launch in Ireland anticipated this summer. Looking ahead, in H2, Renault said that it will continue its electric offensive in Europe with new launches, including the €25,000 version of Renault 5 E-Tech. The group announced that this year, it will launch seven vehicles, including the electric Renault 4 E-Tech, Dacia Bigster, and Boreal for the international market. Also included are two facelifts of Renault Austral and Renault Espace. Recently, Renault Group's board of directors announced the appointment of Duncan Minto as the interim CEO of Renault SA. "Renault reports overall sales growth in H1 2025" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
Liverpool signs Ekitiké from Frankfurt and takes offseason spending to $342 million
Liverpool signed France forward Hugo Ekitiké from Eintracht Frankfurt on Wednesday to continue the Premier League champion's offseason spending spree. Ekitiké is Liverpool's latest big-money signing after Florian Wirtz, Jeremie Frimpong and Milos Kerkez — taking its outlay to around $342 million. The 23-year-old Ekitiké has joined for a fee of 69 million pounds ($93.5 million) and signed a six-year contract, a person with knowledge of the deal told The Associated Press. The person, who spoke on the condition of anonymity because details have not been made public, said the fee could rise by a further 10 million pounds ($13.5 million). Liverpool manager Arne Slot has been busy strengthening a team that won its record-equaling 20th English league title last season — in particular in attack. Wirtz, signed from Bayer Leverkusen last month for a fee that could rise to a British record 116 million pounds ($156 million), is considered one of the brightest talents in Europe. And Etikité is another player who has shone in Germany after leaving Paris Saint-Germain last year. He scored 22 in 48 appearances in his one full season with Frankfurt, which has made a big profit on him after buying him for a reported $19 million last year. Ekitiké's move comes weeks after Liverpool forward Diogo Jota died in a car accident in Spain. There is uncertainty about the future of other Liverpool forwards Darwin Nunez and Luis Diaz, who have both been targeted by teams in Europe during the offseason. The Merseyside club has not retained a league title since winning three in a row between 1982 and '84, which was before the inception of the Premier League. It is likely to face challenges from Manchester City, Arsenal and Chelsea, who have all been active in the transfer market since the end of the season. Ekitiké is the latest big-money departure from Frankfurt after forward Omar Marmoush joined Man City for a reported $73 million in January. Marmoush was the team's top-scorer at the time, but Ekitiké responded with his best performances in a Frankfurt shirt to help the team finish third in the Bundesliga for Champions League qualification. ___ James Robson is at ___ AP soccer:
Associated Press
30 minutes ago
- Associated Press
Liverpool signs Ekitiké from Frankfurt and takes offseason spending to $342 million
Liverpool signed France forward Hugo Ekitiké from Eintracht Frankfurt on Wednesday to continue the Premier League champion's offseason spending spree. Ekitiké is Liverpool's latest big-money signing after Florian Wirtz, Jeremie Frimpong and Milos Kerkez — taking its outlay to around $342 million. The 23-year-old Ekitiké has joined for a fee of 69 million pounds ($93.5 million) and signed a six-year contract, a person with knowledge of the deal told The Associated Press. The person, who spoke on the condition of anonymity because details have not been made public, said the fee could rise by a further 10 million pounds ($13.5 million). Liverpool manager Arne Slot has been busy strengthening a team that won its record-equaling 20th English league title last season — in particular in attack. Wirtz, signed from Bayer Leverkusen last month for a fee that could rise to a British record 116 million pounds ($156 million), is considered one of the brightest talents in Europe. And Etikité is another player who has shone in Germany after leaving Paris Saint-Germain last year. He scored 22 in 48 appearances in his one full season with Frankfurt, which has made a big profit on him after buying him for a reported $19 million last year. Ekitiké's move comes weeks after Liverpool forward Diogo Jota died in a car accident in Spain. There is uncertainty about the future of other Liverpool forwards Darwin Nunez and Luis Diaz, who have both been targeted by teams in Europe during the offseason. The Merseyside club has not retained a league title since winning three in a row between 1982 and '84, which was before the inception of the Premier League. It is likely to face challenges from Manchester City, Arsenal and Chelsea, who have all been active in the transfer market since the end of the season. Ekitiké is the latest big-money departure from Frankfurt after forward Omar Marmoush joined Man City for a reported $73 million in January. Marmoush was the team's top-scorer at the time, but Ekitiké responded with his best performances in a Frankfurt shirt to help the team finish third in the Bundesliga for Champions League qualification. ___ James Robson is at ___ AP soccer:
