Renault reports May 2007 sales

[news]

Renault has reported its sales results for May 2007. The group sold 214,358 cars and LCVs worldwide through its three brands Renault, Dacia and Renault Samsung Motors in May 2007, down 4.2% compared to May 2006. Renault brand sales worldwide fell by 7.2%, Dacia posted an increase of 23.9%, while Renault Samsung Motors reported a drop of 1.2%.

Dacia sales rose by 60.1% in Europe compared with May 2006, buoyed by the success of Logan MCV alongside Logan sedan.

Outside Europe, Renault group sales rose by 6.8% in May. In the Euromed region, Renault group sales (car+LCVs) remained stable (-0.2%). In Romania, the group posted a record sales increase with almost 16,000 vehicles sold in May. The upturn in sales in Russia (+8.9%) and excellent results in Romania (+16.6%) make up for a downturn in sales in Turkey, where the market fell sharply. Group sales continue to grow in Algeria (+13.3%) and Morocco (+18.1%).

In the Americas, Renault group sales continued to grow strongly (+27.8% in May) on buoyant markets. Sales rose sharply in Brazil (+28.2%), in Argentina (+17.1%), in Colombia (+30.7%) and in Venezuela (+116.6%) in May. Launched in Argentina on June 15, Logan will be launched in Brazil in July.

In Asia-Africa, on a declining market, Renault group sales rose by +3.7%. In India, where Logan went into production in April, the first deliveries were made in mid-May.

Source: Automotive Business Review