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Renault raises 2023 outlook following success of new launches



© Reuters. FILE PHOTO: The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes

(Reuters) – Renault (EPA:) raised on Thursday its outlook for full-year 2023 following the success of its new launches.

The French car maker, which has been engaged for several years in a deep restructuring and a strategic repositioning to restore its margins, said it is now aiming for an operating margin of between 7% and 8% by 2023, up from a previous target of more than 6%.



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