Record Sales For The Renault Group In 2010
PARIS – January 17, 2011: “We are delighted with the new sales record set by the Group in 2010, breaking our standing 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.
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 progress 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.
In Australia in 2010, Renault finished the year very strongly, on the back of the launch of the new Mégane Hatch, Fluence Sedan, Mégane Coupé-Cabriolet and Renault Sport 250.
Sales in the fourth quarter showed a 25% rise on the same period of 2009, while sales enquiries rose by 53% in Q4, compared with the same period in 2009.
For the first three quarters of the year, sales were mostly confined to the Koleos Compact SUV as a result of the run out of the Mégane range.
“The discontinuation of so many of our core models early in 2010 restricted our sales through the first three-quarters of the year, however the launch of the new Mégane family has reversed that trend quite definitively,” says Justin Hocevar, Managing Director of Renault Australia.
“The response to the new Mégane has been very positive, and so our sales performance has rebounded strongly.
“We have set an ambitious target for 2011 which would see us being at least in line with levels of growth enjoyed by the Renault group around the world in 2010.
“In addition, the Mégane Renault Sport 250 has proved to be an awards-magnet, picking up the Drive Car of the Year Award for Performance Cars under $60,000, as well as the Hot Hatch of the Year Award, and overall Car of the Year Award from Top Gear Magazine, Australia’s best-selling car publication.
“These critical endorsements will drive greater interest in Renault products in 2011, in addition to the new product we have planned to release in Australia. These kick-off with the bigger, better and smarter new Kangoo LCV and, early in the second quarter, the all new Latitude large sedan, with its emphasis on comfort, style, features and value.
“Undoubtedly we are making a strong case for Renault in Australia, with very accessible, well-specified and attractive products,” Justin said.
In summary
The Renault group reported record sales in 2010.
All the brands contributed to the increase: 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%. The Group increased its market share on 14 of its main 15 markets.
Outlook for the Renault group in 2011
With the global market
in 2011 expected to grow by more than 4% on 2010, the Group will pursue its
growth on buoyant markets outside Europe.
In a European market that is expected to remain globally stable – between 0% and -2% in 2011, the Group will consolidate its positions.
“In 2011 we will be pursuing two main thrusts: 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,” said Jérôme Stoll, Executive Vice-President of Sales and Marketing and Light Commercial Vehicles.