Renault Group’s global sales fell 1.9% in the first half of the year to 1.3m units, largely as the result of a 7.3% fall in sales in Europe.
That fall was partly offset by growth of 4.3% to a record 646,724 units in international sales.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company predicted growth in the world’s automotive market would slow this year to 2%, from a previous forecast of 3%, while Europe would contract by 5% with France shrinking by 8% instead of the earlier forecast 5%.
Dacia was once again the star of the group with sales rising 16.5% to 211,438 units, or 16.2% of group sales.
Renault brand sales were down 4.6%, with the 4.3% rise outside Europe failing to offset the 12.5% fall in Europe. With 1,062,295 units, the Renault brand accounted for 81.5% of group sales.
In South Korea, Renault Samsung Motors volume fell 14.2% in a stable market.
Sales and marketing chief Jérôme Stoll, said: “The Renault group has once again demonstrated the relevance of its international development strategy which allows it to absorb a large part of the fall in the European market. We are posting robust successes internationally, as seen in Russia and India.”
Renault noted that Russia, where its has a 7.8% market share, has now overtaken Brazil to become its second biggest market while the company is now the best-selling European brand in India, thanks to the success of the locally-built Duster.
In Russia, where industry sales were down 5.7%, Renault volume rose 9.5% to 114,189 for a 7.8% market share. In India Renault took a 2.5% share (up from 0.3% in H1 2012) with sales of 39,490 vehicles.
