Worldwide sales for the Renault group increased by 2.2% in 2007 to 2,487,453 units while its share of the world market was 3.6%.
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“We are stepping up the product offensive in 2008 with the launch of nine new models. The three brands will contribute to the solid growth of the Renault group. We are forecasting a sales increase in each region, with overall growth of over 10%.” said sales and marketing chief Patrick Blain.
France and Europe regions returned to growth in the second half-year, with an acceleration in the last quarter, as the group continued to expand internationally, increasing sales outside Europe by 16.5% to 863,187 units, representing nearly 35% of the Renault group’s total vehicle sales.
Renault brand sales rose by 1% and Dacia sales increased by 17.4%, while those of Renault Samsung Motors slipped 1.4%. Logan sales under the Renault and Dacia brands increased 48% to 367,745 units.
“The 2007 sales results are in line with our forecasts: down in the first-half of the year and back to growth in the second half, driven by new products like the Twingo and Laguna,” Blain said.
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By GlobalDataIn a “highly competitive European market that showed slight growth”, Renault group sales (both passenger and light commercial ) fell 4.1% to 1,624,266 units but the group returned to growth in the second half of the year, and sales were up 4.8% in the fourth quarter.
The Renault brand contracted 6.1% while Dacia rose 67.7% to 79,672 units. In the Euromed region, group sales rose 11.4% to 424,085 units.
In Russia, group sales rose 39.6%, passing the 100,000 mark with a boost from the Logan (67,844 units) sold there as a Renault. Sales were up 33.5% in Ukraine with over 14,400 registrations.
The Group led in Romania, selling 134,449 vehicles for a 38.3% market share, driven by the Logan again. Sales were up 27.5% in Algeria and 12.8% in Morocco.
In Turkey, where the car market shrank 4.8%, Renault again led car sales with a 16.7% market share and 59,458 units sold.
In South American markets that expanded by 18.2%, Renault group sales increased 33.4% to 247,403 units, mainly under the Renault brand. The group achieved significant growth in Argentina (39%), Brazil (42.9%) and Venezuela (133%).
Group sales were up 9.8% in Asia-Africa, where the market grew by 4.2%. Renault brand sales increased 35.5% to 71,145 units. In South Korea, Renault Samsung Motors sales slipped 1.4% to 117,376 vehicles.
