Sales of Renault’s no-frills Logan car are exceeding expectations in central and eastern Europe, the French carmaker said according to Reuters.
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“With almost 2% of the market right now we can say we are ahead of schedule,” Alain Margaritopol, Renault’s head of sales and marketing in central Europe, reportedly told an Automotive News industry conference.
“Second, as far as ordering is concerned, we are right on schedule with a revised plan launched in the beginning of the year,” he said, according to the report – Renault accelerated its sales projections for the car at the start of 2005 after solid initial demand.
Margaritopol reportedly said the Logan, made by its Romanian unit Dacia, had 2.3% of the regional market in March and 1.9% for the first quarter – that helped give Renault and Dacia 10.7% of the regional market for cars and light commercial vehicles at the end of March, up from 10.4% at the end of 2004, according to Reuters.
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