Renault SA
RNO: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %vD | LOCK|$># | LOCK|>%^pyl |
Renault Earnings: Passenger Car Sales Volumes Continue to Outperform in Europe; Shares Undervalued
Renault reported an acceleration in third-quarter revenue and volume growth, increasing 6.8% and 9.8%, respectively. Passenger car sales volumes in Europe recorded a strong performance, increasing 10.9% versus market growth of 7.5%, despite the increasingly competitive environment.
