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November 2, 2015

FRANCE: Renault Q3 sales inch up

Renault Group registrations (620,525 units) were up 1.2% year on year in the third quarter of 2015, in a global automotive market down 0.2%.

Renault Group registrations (620,525 units) were up 1.2% year on year in the third quarter of 2015, in a global automotive market down 0.2%.

In Europe, the Renault Group recorded a 6.5% increase in registrations, in a market which continued to grow (+9.8%). But, despite these additional 20,802 registrations over the period, the group's market share dropped by 0.3 points to 9%.

Renault said successful Kadjar and Espace launches, together with the strength of the Captur and Clio, should have a positive effect on the group's sales performance in Europe for the last quarter.

The group recorded strong increases in registrations in most European countries. In particular, a strong performance was posted in the UK (+22.3%), the Netherlands (+21.7%), Spain (+16.2%), Portugal (+21.1%) and in Poland (+25.4 %).

The Renault brand drove the group's performance with volumes up 23,199 units, or 9.8% compared with the same period in 2014. The market share of the Dacia brand decreased 0.3 points, to 2.1% of the European market.

In France, group sales decreased slightly, by 186 units. In the third quarter, its market share decreased by 1.4 points to 24.4%. The Renault Clio is still the best selling vehicle in France, across all segments.

Outside of Europe, the group maintained its market share. In a market down 5.1%, the group's registrations fell 4.6% and accounted for 45.4% of total volumes in the period. The group gained market share in the Americas (+0.5 points), Eurasia (+1.5 points) and remained stable in Africa Middle-East India (+0.1 points) and in Asia-Pacific (0.0 points).

In the Americas, group registrations fell by only 5.3% in a market down 12.5%. In Brazil, the group's second-largest market worldwide, Renault strengthened its position and its market share increased 0.3 points to 7.4%. In Argentina, group registrations increased sharply over the period. With 5,437 more units than in 2014, they increased 26.3%. The group's market share reached 14.6%, up by 2.6 points.

In the Eurasia Region, market share increased 1.5 points. Group sales fell 1.2%, in a market down 13.9%. In Russia, where the group is aiming to defend margins, the decline in market share was limited to 0.5 points. Group registrations fell by 29.8%, in a market down 25.3%. In Turkey, Renault Group registrations shot up by 31.6%, in a market up 23.5% over the quarter. The group gained 1.1 points of market share, which came to 17.1%.

In the Africa, Middle-East, India Region, group registrations fell by 4.8%, in a market down 6.6%. As a result, group market share increased 0.1 points. In Algeria, the group limited the drop in registrations to -36.7% in a market down 48.6%, disrupted by regulatory changes. Renault Group consolidated its leadership with a market share up 6.4 points, to 34%. In India, pending launch of Kwid sales (which already recorded more than 50,000 pre-orders as of 29 September), the group's sales fell by 4,818 vehicles and its market share by 0.7 points.

In Asia-Pacific, group market share was stable over the quarter with registrations down 11.2%. In China, pending the start of its local production in early 2016 in the leading market worldwide, the group recorded a drop in sales equal to 6,735 units. In Korea, with sales up 2,770 units over the period, Renault Samsung Motors continued to grow (+16.6%) faster than the market (+12.5%). Its market share, up by 0.2 points, has now reached 4.5%.

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