Over the first nine months of 2013 in the United Arab Emirates (UAE), Renault Middle East has achieved a record growth of 34 percent in sales. comparing with the same period of the previous year when this auto firm’s sales jumped by 38 percent in Abu Dhabi and 33 percent in Dubai.
In the Gulf Cooperation Council (GCC) region, Renault Middle East has seen a growth of 12 percent in sales for 2013 compared to the same period last year.
In Saudi Arabia, over the first nine months Renault remains, as in 2012, the first European brand with Renault Fluence and Renault Duster as the two European best-seller models.
Commenting on the same topic, Peyman Kargar, Managing Director of Renault Middle East pointed out: “The increasing appeal for Renault cars reaffirms the huge potential of the brand and its product range.”
“Day by day, we are expanding our network of sales and after-sales functions across the Middle East region. Indeed, our range of cars including Renault Koleos, Fluence and Safrane is making impressive headway among individual customers as well as corporate clients,” he added.
About Renault:
Renault S.A. (French pronunciation: [ʁəno], re-noh) is a French multinational vehicle manufacturer established in 1899. The company produces a range of cars and vans, and in the past, trucks, tractors, tanks, buses/coaches and autorail vehicles. In 2011, Renault was the third biggest European automaker by production behind Volkswagen Group and PSA and the eleventh biggest automaker in the world by production in 2012.
Headquartered in Boulogne-Billancourt, Renault owns a 43.4% stake in Nissan of Japan, a 99.43% stake in Dacia of Romania, a 80.1% stake in Renault Samsung of South Korea, a 25% stake in AutoVAZ of Russia and a 1.55% stake in Daimler AG of Germany. Renault also owns subsidiaries RCI Banque (providing automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault Trucks, previously Renault Véhicules Industriels, has been part of Volvo Trucks since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Renault has a joint venture in Turkey called Oyak-Renault and one in Iran called Renault Pars.Carlos Ghosn is the current chairman and CEO and the French government owns a 15 percent share of Renault.
As part of the Renault–Nissan Alliance, the company is the fourth-largest automotive group. Together Renault and Nissan are undertaking significant electric car development, investing €4 billion (US$5.16 billion) in eight electric vehicles over three to four years from 2011.
The company’s core market is Europe. The company is known for its role in motor sport, and its success over the years in rallying and Formula 1.
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