Renault vehicle sales up 9.8%
- July 16, 2018
- Posted by: Simon Wait
- Category: Industry News
Groupe Renault passenger car (PC) and light commercial vehicle (LCV) registrations worldwide increased 9.8%. Group market share currently stands at 4.3 per cent (+0.2 points).
The group and the Renault and Dacia brands set a half-year sales record. The Groupe sold 2,067,695 vehicles, the Renault brand 1,378,583 vehicles and the Dacia brand 378,095 vehicles.
Effective from January 1, 2018, Groupe Renault has also integrated the sales volumes of Jinbei and Huasong, which totaled over 85,000 units.
In Europe, Group registrations rose 4.4 per cent in a market that grew 2.8 per cent, with 1,070,718 vehicles registered in the first half. The group took an 11.0% share of the European market, up 0.2 points.
The Renault brand alone grew its sales 1.1 per cent for market share of 8.1 per cent.
In the electric vehicle segment, Renault had a market share of 21.9%. Sales volumes increased 11.6%. ZOE sales rose 1.1 per cent and Kangoo Z.E. sales grew 125%, this last now holding a 38.9% share of the electric LCV market, which it continues to lead.
Outside Europe, group registrations rose 16.4%. The group achieved sales growth in the Americas (+18.1%), Asia-Pacific (+69.5%) and Eurasia (+15.1%). Sales were down in Africa, Middle East, India (-4.5%).
In the Americas region, sales rose 18.1% in a market that expanded by 6.3 per cent. The group achieved a record 7.3 per cent market share for a half-year period, up 0.7 points.
Groupe Renault continued to take full advantage of the dynamic market in Argentina, increasing its registrations 22.2%, twice as much as the market, up 11.2%. Market share increased 1.3 points to 14.6%. The market in Brazil gained 13.7% in the first half of the year. The group took advantage of the trend, increasing sales by 27.8% reporting a record market share of 8.3% (up 0.9 points).
The Asia-Pacific region integrated the sales volumes of the Jinbei and Huasong brands on January 1, 2018 following the creation of a joint venture with Brilliance China Automotive Holdings Limited. Sales rose 69.5% in the region. The group sales on the 2017 scope is down 14.8% in a market that increased 4.3 per cent.
In Eurasia, registrations rose 15.1% in a market that grew 9.4 per cent. The group increased its market share 1.3 points to 25.8%, driven primarily by strong momentum in Russia.
In the Africa, Middle East, India region, Group registrations contracted 4.5 per cent in a market up 10.1%.