Renault confirmed on Thursday it defied headwinds in the car industry by boosting revenue and attaining record profitability in 2024 thanks to the success of its new line up of vehicles, although net profit sank as it scaled back its partnership with Nissan.
The group, which also includes the budget Dacia brand and sportscar Alpine, saw revenues rising by 7.4 percent to hit 56.2 billion euros ($58.6 billion), with its operating profit margin coming in at a record 7.6 percent.
