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Renault reports record growth for 2010

By / 8 years ago / Latest News / No Comments

For 2010, the group sold a total of 2.6 million vehicles in 2010, an increase of 14% on 2009. Renault grew by 14%, Dacia by 12% and Renault Samsung Motors by 19%.

All the regions contributed to the Group's growth: Europe grew by 7.4%, Euromed by 13.1%, Eurasia by 32.5%, Asia-Africa by 24.5% and the Americas by 38.9%.

In the passenger car and LCV market, the Renault group had market share of 3.7%. In a global market that expanded by 11.8%, the group increased sales volumes by 14% to more than 2,625,000 vehicles. The existing sales record of 2,535,000 vehicles stood from 2005.

In the passenger car market, the Renault group had market share of 4.4%. In a global market that expanded by 10.6%, the group increased sales volumes by 12.8% to more than 2,293,000 vehicles.

In Europe, the group increased market share by 1.1 points and raised sales volumes by 7.4%, with 1,642,000 units sold in a market that contracted by 3.6%.

Outside Europe, the group is continuing to succeed in high-growth markets (+19.4%), with sales volumes surging by 26% to almost 983,000 units. Group sales outside Europe now account for 37% of sales, compared with 34% in 2009. 

'We are delighted with the new sales record set by the group in 2010, breaking our record from 2005. We are making progress in all regions and pursuing our international offensive. All the group's brands are contributing to this momentum,' said Jérôme Stoll, executive vice-president of sales and marketing and light commercial vehicles.

Looking to 2011, the group said that it will pursue its growth in buoyant markets outside Europe and will look to consolidate its position in Europe.

'In 2011 we will be pursuing two objectives: to step up our international expansion through all the brands and to launch our range of electric vehicles in the second half of the year,' commented Mr Stoll.

For more of the latest industry news, click here.

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