Renault reports revenues up 4.5% in Q3 2007
 

Renault group revenues for the third quarter of 2007 were up 4.5% on third quarter 2006. Revenues totalled ?‚¬29,904 million at end-September 2007, a 0.4% rise on the first nine months of 2006.

Third quarter vehicle revenues rose 4% year on year. The contribution of France and other European activities to revenue declined 4.1%, due mainly to a 6.6% fall in sales volume, but the contribution from activities outside Europe rose 3.5%, driven mainly by 8.6% sales growth in ???Euromed??™ countries and 30.2% growth in the Americas. Sales financing contributed ?‚¬1,530 million to Renault group revenues in the first nine months of 2007, a 5.4% y/y increase.

Source: [url=http://www.autoindustry.co.uk/news/26-10-07_6]Auto Industry[/url]