Apr 22, 2022 / 06:00AM GMT
Operator
Good morning, and welcome to Renault Q1 2022 conference call webcast live and in replay versions on our website. This presentation will be made by Thierry Pieton, Group CFO, and will be followed by a Q&A session, with Denis Le Vot, CEO of Dacia; Fabrice Cambolive, SVP, Renault Brand Sales & Operations; Xavier Martinet, VP of Dacia, Sales Operations and Marketing; Laurent David, SVP Group Control. Thierry, the floor is yours.
Thierry Pieton - Renault SA - Group CFO, Senior VP, Controller & Member of Management Board
Thank you, [Philippine], and good morning, everyone. Q1 was another tough quarter for the automotive industry, mainly due to the semiconductor crisis. On top of this already challenging environment, we sadly had to face the impact of the conflict in Ukraine.
In this context, the group registered 552,000 units in the quarter, 17.1% decrease over the first quarter of '21 or 13.9% excluding the impact of Russia, mainly due to the chip shortage, particularly on the Renault brand side. Renault brand sold 349,000 vehicles, down 19.7%,
Q1 2022 Renault SA Corporate Sales Call Transcript
Apr 22, 2022
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