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Renault sold 1,879,288 cars in the first half, an increase of 10.4%

Automotive News

Renault sold 1,879,288 cars in the first half, an increase of 10.4% over the same period of 2016, with progress in all major regions of the world of its business, the French group announced today.

In Europe, registrations increased by 5.6% to 1,025,146, ie at a faster rate than the market (4.4%), which meant that their share rose one tenth to 10.8%.

Within the Old Continent, its French domestic market represented 368,002 units, an increase of 1.8% and a share of 26.96%. In Italy it sold 122,339, with a 9.99% of quota; In Germany 115,977, with 6.04%; In Spain 89,473, with 11.63%; In the United Kingdom 66,974, with a 4.21%.

Outside Europe, in Russia – a market with a positive evolution for the first time in four years – it provided the company with a 14% expansion (including Lada) to 201,065 vehicles, making it the second largest country For the Renault group, only behind France.

The whole of the Eurasia region, in which Russia is integrated, was 323,043 units, with an increase of 8.6%.

Africa and the Middle East had a progression from 19.3% to 249,081 cars, significantly contributed by Iran, with a pull of 100.3% and 68,365 units (it became the eighth country in importance for the French manufacturer ).

In America, the Renault group sold 181,566 vehicles, an increase of 14.6% in a market that together grew by 8.3%. That meant that the market share rose four-tenths to 6.5%.

Brazil contributed 73,416 units and an increase of 5.1%, while Argentina did so with 57,711 and an increase of 45.6%, which allowed it to increase its market share by 1.1 points to 13.3%.

In the Asia Pacific region, the French manufacturer’s registrations expanded by 50.5% with 100,452 cars, largely in China, where about 36,000 vehicles were sold, compared to 9,771 in the same period in 2016. Of those 36,0000, 21,000 were the new Koleos model manufactured in China.

The Renault and Dacia brands recorded record registrations in one semester worldwide, with 1,343,320 and 332,845 units respectively.

South Korean brand Renault Samsung Motors (12.5%) and Russian Lada (12.2%) also made progress.

Renault expects the world car market in 2017 to increase by 1.5 to 2.5%, up 2% in Europe and also 2% in France.

Outside the Old Continent, Brazil should grow by 5%, at the same rate as Russia and China, and below India (8%).

With this context, the company is confident “to continue taking full advantage of its renewed range in Europe”. In the rest of the world, it hopes to take advantage of “the dynamics of Koleos in China, Kaptur, Xray and Vesta in Russia, QM6 and SM6 in South Korea, the new SUV range in Latin America.”

Renault also confirmed its commercial objectives for this year, that is to say “a progression of sales and market shares”.

EFE – Paris – EL DIARIO – 07/17/2017 (Translation Soft)

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