Lada is doing well
2w ago
608
Taken from Renault Q3's report:
GROUPE RENAULT CONSOLIDATED REVENUES
(€ million)
2019 / 2018 / Change
Q1
AVTOVAZ ---- 767 / 716 / +7.1%
Q2
AVTOVAZ ---- 790 / 761 / +3.8%
Q3
AVTOVAZ ----- 791 / 627 / +26.2%
9 months YTD
AVTOVAZ ----- 2,348 / 2,104 / +11.6%
In Eurasia, market share increased by +1.8 points. Group sales increased by +5.1% despite
the fall of the Turkish market. Sales volume increased in Russia (+6.1%) in a market down
-1.2%, thanks in particular to the launch of Arkana and the continuing success of Lada products.
AVTOVAZ contribution to Group revenues amounted to €791 million in the quarter, up +26.2%,
after taking into account a positive exchange rate effect of €59 million. At constant exchange
rates, revenues would have been up +16.7%.