RNSDF - Renault stock dips after sales fell 12% in 1H22

• Renault SA ( OTCPK:RNSDF ) stock plunges after worldwide sales fell  to 12% Y/Y to 1,000,199 units , in a context disrupted by the semiconductor crisis and marked by the shutdown of the Group's activities in Russia.
• The E-Tech range (electric vehicles and hybrid powertrains) accounted for 36% of passenger car sales in Europe in the 1H2022 vs. 26% in 2021.
• Sales in the C-segment are up 12% Y/Y.
• Dacia maintains its growth with a 5.9% increase in registrations compared to the first half of 2021.
• The Alpine brand registrations rose by more than 70% after an already record year in 2021, international expansion continued with the launch of the brand in Slovenia and the Czech Republic, as well as a rich half-year with the launch of the new A110 range, for which the level of orders doubled over the period.
• The French automaker announced in May that it would sell its stake in Avtovaz to the Russian government, as it faced pressure to shed its Russian assets in the wake of Moscow's invasion of Ukraine

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