In a global automotive market up 1.5 percent, Groupe Renault’s registrations rose by 7.3 percent to 692,453 units. The group’s market share increased by 0.2 points to 3.1 percent.
Outside Europe, the group reported a 4.7 percent increase in sales, despite the ongoing slowdowns in Russia and Brazil. This was largely due to strong sales in the Middle East, Africa and India region. Across this region, the group’s registrations grew by 36.1 percent with market share gaining 1.5 points to 4.6 percent.
The group continued to benefit from the buoyant market in Europe. Registrations rose by 8.9 percent in a market up 8.2 percent while market share came to 9.8 percent.
Sales under the Renault brand grew by 9.9 percent thanks to Clio IV, claimed as the second best-selling car in Europe, as well as Captur, Kadjar, Espace and Talisman.
The full impact of the new Megane, which was released in the first quarter, is yet to be felt. Sales under the Dacia brand increased by 5.7 percent, mainly due to Sandero.
In France, the group reported an 8.6 percent rise in registrations to 163,104 vehicles in the first quarter. Its market share held steady at 26.5 percent. The group placed four vehicles in the top 10 best-selling passenger cars, with the Clio IV coming in at number one.
For the first time in five years, the Renault brand registered more than 100,000 passenger cars in the first three months. The Dacia brand saw its passenger car sales grow by 16.8 percent.
The global automotive market is expected to continue to grow by +2 percent in 2016. The European market performed better than expected in the first. However, the Brazilian market, is expected to decline further than anticipated (-15 percent to -20 percent, instead of -6 percent previously).
Outside Europe, the group reported a 4.7 percent increase in sales, despite the ongoing slowdowns in Russia and Brazil. This was largely due to strong sales in the Middle East, Africa and India region. Across this region, the group’s registrations grew by 36.1 percent with market share gaining 1.5 points to 4.6 percent.
The group continued to benefit from the buoyant market in Europe. Registrations rose by 8.9 percent in a market up 8.2 percent while market share came to 9.8 percent.
Sales under the Renault brand grew by 9.9 percent thanks to Clio IV, claimed as the second best-selling car in Europe, as well as Captur, Kadjar, Espace and Talisman.
The full impact of the new Megane, which was released in the first quarter, is yet to be felt. Sales under the Dacia brand increased by 5.7 percent, mainly due to Sandero.
In France, the group reported an 8.6 percent rise in registrations to 163,104 vehicles in the first quarter. Its market share held steady at 26.5 percent. The group placed four vehicles in the top 10 best-selling passenger cars, with the Clio IV coming in at number one.
For the first time in five years, the Renault brand registered more than 100,000 passenger cars in the first three months. The Dacia brand saw its passenger car sales grow by 16.8 percent.
The global automotive market is expected to continue to grow by +2 percent in 2016. The European market performed better than expected in the first. However, the Brazilian market, is expected to decline further than anticipated (-15 percent to -20 percent, instead of -6 percent previously).
