Go Back   Car Forums > RENAULT

LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 10-18-2007, 01:00 PM
Posts: n/a
Arrow FRANCE: Renault Q3 sales up 6.4%

Renault vehicle sales slip in Sept, keeps 2007 target

(Adding further breakdown of sales; outlook for Q4, FY)

PARIS (Thomson Financial) - Renault (other-otc: RNSDY.PK - news - people ) SA said worldwide group sales rose 6.4 pct in the third quarter compared to the year-earlier period, but fell 2.8 pct in September.

For the third quarter, the French car maker said worldwide sales for its Renault brand increased 5.6 pct and Dacia sales were up 20.2 pct, while those of Renault Samsung Motors slipped 1.5 pct.

In Europe, third-quarter sales were flat, giving Renault a market share of 8.2 pct.

Outside Europe, sales grew 20.9 pct in the quarter, including 20.8 pct growth in the Americas, 15.4 pct in the Euromed region, and 14.7 pct in Asia-Africa.

In September, worldwide Renault sales fell 0.8 pct, Dacia sales dropped 7.5 pct and Renault Samsung Motors' plunged 24.6 pct.

In Europe, September group sales fell 6.5 pct to 125.496 units, yielding a market share of 7.7 pct.

In a separate announcement, automobile association ACEA said new car registrations for the Renault brand fell 10.5 pct in Europe last month.

The company said that Dacia sales in Europe jumped 86 pct last month.

Outside Europe, September sales rose 8.6 pct in the Euromed region, 30.2 pct in the Americas, and 6.7 pct in Asia-Africa.

For the current quarter, Renault said it is expecting worldwide sales of its vehicles to increase, 'with growth quickening toward year-end'.

The company cited the launch of the new Laguna, which will go on sale in 15 European countries this month.

It said this expected fourth-quarter performance will allow it to achieve its objective of a slight increase in full-year sales for 2007.




Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Neither the Subscriber nor AFX News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon.

Source: [url=http://www.just-auto.com/article.aspx?id=92768]just-auto.com[/url]
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
France: Renault Group sales rise a combined 11.4% in July and August news RENAULT 0 09-18-2007 01:00 PM
The new Renault Laguna unveiled news RENAULT 0 08-22-2007 01:00 PM
Ford Retail Sales 'Edge' Higher in June as New, Redesigned ... news FORD 0 07-04-2007 01:00 PM
Renault reports May 2007 sales news RENAULT 0 06-16-2007 01:00 PM
France: Renault Group sales fall 5.6% in March news RENAULT 0 04-14-2007 01:00 PM

All times are GMT. The time now is 07:40 AM.