French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.
The company, whose stable includes the low-cost Dacia and sporty Alpine brands, earned a net profit of 2.2 bn euros ($2.4 bn) last year after suffering heavy losses in 2022 due to writing off its Russian assets.
