14/01/2010

Renault Increases Market Share

Renault has achieved its objective to increase its world market share, the group has said.

The increase of production decided during 2009 and the renewal of the range enabled the group to increase its penetration in the second half and to finish the year with a growth of market share.

The Renault group increased its passenger car (PC) and light commercial vehicle (LCV) market share slightly, by 0.1 points to 3.7%. In a world market that contracted 4.7%, the group was down just 3.1%, with sales of 2.309 million vehicles.

In the PC market, the Renault Group reported market share of 4.3%, up 0.2 points.

In a world market that declined 4.2%, the Group increased sales 0.7% to 2.302 million vehicles.

The Renault brand reclaimed the position of third-ranked brand in Western Europe mainly owing to the success of the Mégane family and Twingo. In the LCV market, the Renault brand has been the number one brand in Western Europe since 1998.

Dacia brand sales rose by 91% in Europe and reached 1.3% of the market. In France, Dacia became one of the top-ten best-selling brands. Driven by an 83% rise in the PC market, Dacia sales totalled 214,500 units in Europe with Logan, Logan MCV and Sandero.

Renault Samsung Motors increased its market share by 0.8 points (9.3%) and by 31% in terms of volume, making South Korea the group's third-largest market in 2009.

For the first time in 10 years, following the collapse of several markets like Russia and Romania, the group’s sales volume outside Europe decreased even though the sales volume outside Europe remains at 34% of the total sales volume.

(PR/GK)

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