Renault says its first quarter Group revenue was EUR9.4bn (US$10.12bn), up 13% compared to the same period last year.
Automotive revenue came to EUR8.8bn (+14.3%), due to an increase in invoices (+3.3 points) and sales to partners (+6.7 points).
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The weakness of the euro versus a basket of currencies (Korean won, Indian rupee, British pound, Argentinian peso), had a favourable impact of 1.3 points.
The price effect contributed positively by 2.1 points, as a result of price increases decided at the end of 2014 in emerging countries, in order to compensate for the currency declines, notably in Russia and South America.
Renault group registrations increased 0.8% during the first quarter, reaching 641,588 vehicles in a worldwide automotive market up 1.7%.
Market growth and the success of new models in Europe compensated for the downturns in the Russian and Brazilian markets.
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By GlobalDataFor 2015, Renault is forecasting global car demand should continue to grow (+2%).
The European market, which was better than expected during the first quarter, should increase by 5% (compared to +2% initially forecasted).
By contrast, the Brazilian and Russian markets should experience a sharper decrease than expected.
