The comparison is cruel. Three days later PSA, which reported a turnover up more than 40% in the first quarter, Renault announces that it has remained virtually stable over the same period.
According to figures released this Friday, the French automaker – a member of the world’s first automotive alliance by sales with Nissan and Mitsubishi, and who had a record year 2017 – realized during the first three months of the year a turnover EUR 13.2 billion, up 0.2%.
A counter-performance that is largely explained by currency effects. AT exchange rate and constant scope, the increase would have been 5.4%, says the manufacturer.
Nearly 930,000 registered vehicles
Over this period, the group’s worldwide registrations (Renault, Dacia, Lada, Renault Samsung Motors and Jinbei & Huasong brands) increased 4.8% to 935,041 vehicles. This allows him to increase slightly (+0.1 points) his market share, which now reaches 4%.
In particular, the increase in registrations reached 2.8% in Europe and 7.1% outside the continent, despite a slowdown in the Africa Middle East India (-5.3%) and Asia-Pacific regions. (-18.6%). The registrations outside Europe of the Renault group are in fact largely driven by buoyant sales in Eurasia (+ 22.1%) and the Americas (+ 21.3%).
“Renault and Dacia brands each set a new sales record for a first quarter,” says the manufacturer in a statement.