The Renault-Nissan Alliance sold a record 8,470,610 vehicles in 2014 boosted by higher sales in the US and Western Europe.
Sales rose for the fifth straight year, up 2.5% compared with the previous year.
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“Robust demand in the United States, the recovery in Western Europe and an array of compelling new models contributed to another year of rising sales for the Alliance in 2014,” said Carlos Ghosn, Alliance Chairman and CEO. “We remain well-positioned and optimistic about the long-term prospects in the global growth markets, despite the recent declines in Russia and Brazil.”
Renault sold 2,712,432 vehicles worldwide in 2014, up 3.2% from 2013. In Western Europe, Renault sales totalled 1,464,611, up 12.5%, helped by budget brand Dacia.
However, Renault sales outside Western Europe fell 5.9% to 1,247,821 vehicles due to the economic slowdown in many of its markets.
Nissan Motor Co., Ltd., sold a record 5,310,064 cars and trucks worldwide, up 4.1%. Nissan continued to sell more than 1 million vehicles in its two largest markets, the US and China.
AvtoVAZ sold 448,114 vehicles, down 16.3% due to the overall market slowdown in Russia.
The Alliance’s top 10 markets in 2014 were the US, China, Russia, Japan, France, Mexico, Brazil, UK, Germany and Italy.
In China, the world’s largest auto market, Nissan, through its local partner Dongfeng Motor, sold 1,221,598 vehicles, up 0.5%. In 2016, Renault will start producing vehicles in China with Nissan’s long-term partner Dongfeng Motor. The new joint venture plant in Wuhan will have an initial production capacity of 150,000 vehicles a year, with the potential to double that figure in the future.
In the US, Nissan sold a record 1,386,895 vehicles, up 11.1%, resulting in a record market share of 8.4 percent. Nissan also set annual sales records for Altima, Rogue, Versa, Juke, NV200 and the Leaf.
