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Renault sells 2.7 million cars worldwide in 2014.

With 1,464,611 vehicles sold, the group's volumes rose 12.5 per cent, which was double the market growth.

Dubai -- Sales of private cars and light commercial vehicles (PC+LCV) by the Renault Group increased by 3.2 per cent in 2014 with 2,712,432 vehicles registered in a global automotive market that rose by 3.5 per cent.

In Europe, the Renault group's market share reached the 10 per cent threshold, up by 0.6 points. With 1,464,611 vehicles sold, the group's volumes rose 12.5 per cent, which was double the market growth.

Thanks to the strong performance of the Renault and Dacia brands, driven by the success of the Clio, Captur, Duster and Sandero, the group was able to offset the slowdown in its sales.

The group posted record market share in Brazil (7.1 per cent) and Russia (7.9 per cent), its second and third largest markets. Nevertheless, in this difficult context, car registrations outside Europe dropped 5.9 per cent.

The Renault Group's private cars plus light commercial vehicles sales rose 3.2 per cent to 2.7 million units; the group gained market shares in nine of its ten main markets. In Europe, the group's market share was 10 per cent: The Renault brand gained 0.2 points of market share, while Dacia gained 0.4 points. In the LCV segment, Renault maintained its leadership for the 17th successive year, with a 14.2 per cent market share.

Internationally, the group held firm and increased its market share in six of its seven largest markets, including Brazil (7.1 per cent) and Russia (7.9 per cent).

"In 2014, Renault sales rose 3.2 per cent to 2.7 million units and accounted for 10 per cent of market share in Europe. The group has taken a new step forward in its medium-term plan, Renault Drive the Change," said Jerome Stoll, a member of the Executive Committee, Chief Performance Officer and Executive Vice-President, Sales and Marketing.

Renault gained market share in Russia, Brazil, Turkey and Algeria. Nevertheless, group new car registrations dropped 5.9 per cent outside Europe to 1,247,821 units. They represent 46 per cent of the group's total registrations, against 50 per cent in 2013. The group asserted itself as the leader in the Algerian market with 26.9 per cent of market share, up 0.7 points.

In India, Renault remained the leading European brand with a 1.5 per cent market share.

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Publication:Khaleej Times (Dubai, United Arab Emirates)
Date:Jan 23, 2015
Words:433
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