the republic logo

French car maker Renault says higher sales and progress on its industrial turnaround plan helped drive profit up to 2.8 billion euros ($3.2 billion) in 2015, from 1.9 billion a year earlier

bug
Share/Save/Bookmark

PARIS — French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year.

Europe's number three car maker says Friday it made 2.8 billion euros ($3.2 billion) in 2015, up from 1.9 billion a year earlier.

The maker of the best-selling Clio hatchback said registrations of new cars and light trucks rose 3.3 percent to 2.8 million last year. It forecast 2 percent market growth in Europe this year, and between 1 and 2 percent growth globally.

PHOTO: Chairman and CEO of Renault-Nissan Carlos Ghosn addresses reporters during a press conference in Boulogne Billancourt, outside Paris Friday, Feb. 12, 2016. French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year. (AP Photo/Christophe Ena)
Chairman and CEO of Renault-Nissan Carlos Ghosn addresses reporters during a press conference in Boulogne Billancourt, outside Paris Friday, Feb. 12, 2016. French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year. (AP Photo/Christophe Ena)

Think your friends should see this? Share it with them!

Story copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


Photo Gallery:
PHOTO: Chairman and CEO of Renault-Nissan Carlos Ghosn addresses reporters during a press conference in Boulogne Billancourt, outside Paris Friday, Feb. 12, 2016. French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year. (AP Photo/Christophe Ena)
Click to view (3 Photos)
We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2016 The Republic, a publication of AIM Media Indiana unless otherwise noted.
All rights reserved. Privacy policy.