Arab Today, arab today renault sales hold up helped by dacia
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Renault sales hold up, helped by Dacia

Arab Today, arab today

Arab Today, arab today Renault sales hold up, helped by Dacia

Paris - AFP

French carmaker Renault achieved record sales outside Europe in the first half of the year, it said on Friday, outperforming its struggling French rival Peugeot Citroen despite weakness in the European market. Renault, comprising also the low-cost Romanian brand Dacia and South Korean subsidiary Renault Samsung Motors, sold a total of 1.3 million vehicles throughout the world in the first six months of 2013. This was 1.9 percent fewer vehicles than in the first half of 2012. By contrast, sales by PSA Peugeot Citroen fell by 9.76 percent. PSA is struggling to restructure amid rumours, denied that its partner General Motors could take control and inject cash. A government-appointed expert reported last year that PSA was suffering the consequences over many years of missing the bus on globalisation The commercial director of Renault Jerome Stoll said that \"once again Group Renault is showing that its strategy of going international is the right one. It is enabling us to absorb in large part the fall of the European market.\" Renault now achieves 49.6 percent of its sales outside Europe. In the first six months, the European market fell by 6.7 percent and Renault\'s European sales fell by 7.3 percent. Renault suffered from weak sales in its three most important markets in Europe: France, Germany and Italy. In the second quarter, the group\'s sales rose by 0.7 percent and the company said this led it to think that performance in the second half would be firm. For the whole of 2013 it expected to sell more vehicles than in 2012 and to gain market share in Europe, provided that the French and European markets did not weaken further. The group expected the global market to grow by 2.0 percent this year instead of by 3.0 percent as it had forecast previously. The downward revision reflected a slowing of the growth of auto markets in some emerging economies. Renault said that it did not see trading conditions in Europe improving and forecast that the market would shrink by 5.0 percent this year. But it expected the French market to contract by 8.0 percent instead of by 5.0 percent expected previously. Renault continued its expansion into emerging markets, and said that Russia was now its second-biggest market after France. The group was also making progress in India. Stoll said that this performance reflected the success of the Dacia brand which accounted for 16.0 percent of group sales. The group\'s most successful model worldwide was the Dacia Duster four-wheel-drive vehicle he said. In the first half, Renault had sold 189,000 Duster vehicles.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today renault sales hold up helped by dacia Arab Today, arab today renault sales hold up helped by dacia

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today renault sales hold up helped by dacia Arab Today, arab today renault sales hold up helped by dacia

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday