AI Online


Renault revs up sales

Renault sales grew by 34,4 per cent in South Africa during 1995, making the company the leading imported brand, according to the company.

The Renault group says it sold 2 531 506 vehicles in 2005, a 1,7 per cent increase on 2004.

It secured a four per cent share of the global market, with 2.5 million cars sold for the first time. Group sales grew by more than 21 per cent on the international stage, while European volumes dropped by 4,1 per cent.

One of the growth regions was Africa, with a sales increase of 12,1 per cent, ahead of the zone’s overall increase. Renault group sales increased by 30.9 per cent in Morocco and 21.2 per cent in Tunisia.

Looking ahead, Renault says it will continue to put in place its selective commercial policy in 2006, privileging the most profitable market sectors. In Europe, the Renault group’s volumes should remain around the same level as 2005 in generally stable markets which will continue to be extremely competitive.

Outside Europe, the group says it will continue to pursue growth thanks to the Renault brand, the increasing presence of Logan, and Renault Samsung Motors which will consolidate its third position on the Korean market thanks to a rejuvenated range. Globally, the pursuit of international development and the first full year of sales of New Clio should translate into a new growth in volumes in 2006, with respect for the top objective for Renault, profitability.

Previous posts

Next posts

Wed. July 17th, 2024

Share this post