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Sales of Renault Group vehicles grew by 3.5% last year to 3.88 million units. The integration of the Jinbei and Huasong brands was one of the reasons for the growth in 2018. Sales of the Renault brand declined in 2018 by 5.2% to 2.533 million vehicles. The implementation of the Dacia brand grew by 7%, the Lada brand - by 18.7%. Renault Samsung Motors sales fell 14.9%. Sales of the Jinbei and Huasong brands accounted for more than 165 thousand cars. Sales of Renault cars increased by 37% in 2018, with an increase of 62% in the third and fourth quarters of the year. Sales of light commercial vehicles increased by 33.7% last year thanks to sales of Jinbei and Huasong. Sales growth was recorded in all regions, except Turkey and Argentina. In Europe, where Renault occupies 22% of the market, the company's sales grew by 0.5%. Sales of group cars in Russia grew by 10.9%. Demand for the company's products remained, while sales of the Lada brand grew by 15.6% and exceeded 360 thousand cars. The growth rate of Renault sales in the largest markets exceeded the overall growth of the markets. The company's sales in Africa amounted to 218.797 thousand cars, and the market share rose to 18.1%. The representatives of Renault expect further growth in 2019. In Russia, the company's sales will grow by 3%, in Brazil - by 10%.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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