Worldwide Renault sales down by 14.1%
In spite of selling 188,116 vehicles worldwide, under three brands, Dacia, Renault and Renault Samsung Motors, the Renault group registered 14.1% fall in its worldwide sales in October.
Renault Samsung Motors’ sales fell 27.7% while Renault brand reported 16.9% fall. Dacia sales were the exception and grew 20.2%
European market is experiencing intensified slowdown. Emerging markets of Brazil, Turkey, Romania and Russia are felling off sharply. Market for used cars, particularly in Europe, also worsened further. Renault is therefore giving priority to retail customer and company fleet sales. It is also ensuring to minimise new and used vehicles’ inventories at all places.
Sales in Germany were down 7.7% while the overall market loss was 8.8%. However group’s market share increased by 0.1 point.
Renault group sales were considerably down in the UK, Spain and Italy. But the group succeeded in increasing market share in Austria (+1.6%), Belgium (+0.4%), Ireland (+2.6%) and Switzerland (+1.6%).
11,559 units of New Tingo, up 23%, were sold in October 2008. Coupe and New Megane Hatchback marked renewal of C- segment offering from Renault at Paris Motor Show. New Megane Hatchback, to be launched this month onwards, has been very well received by customers and sales network.
Dacia sales showed phenomenal rise in Europe with growth of 84% in October. This was tenth consecutive month of growth in Dacia range.
In Romania, group sales fell 29.9% but were up 2.3% in Russia. Asia-Africa region registered 5.3% fall in spite of 3.9% rise in the overall market sales.
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