Warburton declares French Renaissance. Could be followed by a revolution.

Dacia-Logan-France-March-2014-Picture courtesy Bestsellingcarsblog.com

For a while, yours truly has been monitoring the impressive gains of Renault’s affordable Dacia line in a still difficult (albeit slowly mending) European market. Now, Max Warburton of Bernstein Research sees Dacia as the centerpiece of a “French Renaissance” in Europe. “VW’s relentless gains seem to have come to a halt,” writes the analyst. “The French appear to have stopped losing share – Renault has been a big gainer this year and PSA is also showing some positive signs.” [Continue Reading]