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Renault marks reaching 10% share in Europe

Renault's group sales of cars and light commercial vehicles (LCVs) in 2014 took it to a 10% share threshold in Europe, with a gain of 0.6 percentage points.

Globally, the vehicle manufacturer, whose brands include Renault and Dacia, increased sales by 3.2% to 2.7 million units in a market that rose by 3.5%. Of those, 1.46 million were in Europe, a 12.5% rise year-on-year, with the Renault brand gaining 0.2 points of market share and Dacia gaining 0.4 points.

"The group has taken a new step forward in its medium-term plan, Renault Drive the Change," said Jérôme Stoll, a member of the executive committee, chief performance officer and executive vice-president for sales and marketing.

In Europe, the most substantial growth was recorded in the United Kingdom (+41.9%), Portugal (+42.1%), Spain (+30.2%) and Italy (+28.9%). In France the Renault brand is the largest on the PC+LCV market, and Dacia is fifth, and Renault regained its second place in Spain.



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