Renault has reported that its group revenues surged by 25.2% to EUR13,129m in the first quarter, boosted by the contribution of AvtoVAZ and higher global vehicle sales across its brands and through JVs across the world.

It said the 25.2% increase (19.7% excluding AvtoVAZ) resulted ‘primarily from an increase in the group’s brand volume and sales to partners’.

First quarter sales rose by 15.8% to 873,678 vehicles (including Lada) in a market that grew 4%. Sales volumes and market share increased in all regions., Renault said, while the Renault and Dacia brands set new sales records for a first quarter.

In Europe, group registrations rose 10% in a market up 8%, driven by new models and the ‘confirmation of the good results of Kadjar, Clio 4, Captur and Duster’.

Outside Europe, the group posted a 100% increase in sales in Asia-Pacific and a 31% increase in the Africa-Middle East-India Region.

The Renault brand saw a 10.1% rise in registrations. Renault said the brand benefited from the complete renewal in 2016 of the Megane family car line-up. Electric vehicle sales increased by 46% to nearly 10,000 units (excluding Twizy) thanks to the ‘success of New ZOE’ (with a claimed range of 250 miles).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Dacia brand posted a sales record for a first quarter with 112,457 registrations (up 9.5% year-on-year). Growth was boosted by a facelifted Sandero that launched in late 2016.

With the consolidation of AvtoVAZ (Lada) sales volumes, Russia has become the group’s number-two

In China, Renault sold nearly 18,000 vehicles (compared with 3,400 in first-quarter 2016), including 10,000 New Koleos, launched at end-2016 and produced locally at a new plant in Wuhan.