According to Renault, around a million and a half vehicles were sold in 2014 across it is branches in the world. Increasing the group’s volume by 12.5%, which is equivalent to double the market growth.
Renault Group declared that there was an increase in 2014 by 3.2% of the sales of their private cars and light commercial vehicles (PC+LCV), with a little more than 2,700,000 vehicles registered in global automotive market which elevated by 3.5%.
With around one and a half million vehicles sold, Renault was able to doubling the market growth in Europe, where the group’s volume increased by 12.5%. While the market share reached a 10% threshold, which is up by 0.6 points.
Renault and Dacia had a collection of a strong performance brands that were behind its success and increasing its sales: the Clio, Captur, Duster and Sandero. Renault group reached a record in its Brazilian market share by 7.1% and the Russian market by 7.9% marking them as the second and third largest markets. However, car registrations outside Europe dropped 5.9%.
The Renault Group was able to gain market share in nine of its ten main markets, thanks to their private cars plus light commercial vehicles. This increased sales by 3.2% to 2.7 million units. For example, in Europe, the group’s market share was 10%. The Renault brand gained 0.2 points of market share, while Dacia gained 0.4 points.However for the LCV category, Renault maintained its leadership for the 17th successive year, with a 14.2% market share.
According to a member in the Executive Committee Renault group has taken a new step forward in its medium-term plan “Renault Drive the Change,”
