Renault Says Sales Fell 30% Following Withdrawal From Russia Market

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Renault Says Sales Fell 30% Following Withdrawal From Russia Market
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Sales at French auto maker Renault fell sharply after its withdrawal from the Russia market, following the country’s invasion of Ukraine and the sanctions that followed

, its second-largest market, in response to the country’s invasion of Ukraine and the wave of sanctions that followed.

, saw its global sales fall by almost 30% over the first six months of the year to just over one million vehicles. Excluding Russia, Renault’s sales volume dropped 12%, due in part to disruptions caused by the shortage of semiconductors.

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