Groupe Renault worldwide sales results 2018
Groupe Renault sales increased by 3.2% while integrating the Jinbei and Huasong brands since January 1, 2018. At 2017 scope, Groupe Renault volumes declined by 1.2% in a world market down 0.3%.
In Europe, sales were stable (+0.5%).
The Group is pursuing its Drive the Future plan by expanding internationally, with registrations now representing 50.6% of total sales (vs. 49.2% in 2017), thanks in particular to the integration of Jinbei and Huasong brands.
In Renault brand’s electric vehicle segment, sales increased by 37% over the year, with an acceleration in the second half (+62%). Renault is the European leader with a 22% market share.
In the light commercial vehicle segment, the Group grew by 33.7% (619,229 vehicles). Excluding Jinbei and Huasong, sales increased by 0.9% to 467,042 vehicles.
Groupe Renault is targeting a slight growth in sales in 2019, with an acceleration in the second half of the year thanks to the launch of new international models and New Clio, the Group’s flagship model in Europe, which will be unveiled at the Geneva Motor Show.
In 2018, the Groupe Renault recorded 3,884,295 vehicles sold, including 2,532,567 (-5.2%) for Renault and 700,798 (+7.0%) for Dacia. Lada’s sales increased by 18.7% to 398,282 registrations and Renault Samsung Motors’ registrations fell by 14.9% to 84,954 vehicles. Jinbei and Huasong sold 165,603 vehicles.
In the electric vehicle segment, Renault brand sales volumes worldwide increased by 36.6% over the year (more than 49,600 vehicles), with an acceleration in the second half (+62.1%). Renault is the European leader with a 22.2% market share. ZOE saw its volumes increase by 26.1% (39,458 vehicles) and Kangoo Z.E. by 105.1% (8,747 vehicles).
In the light commercial vehicle segment, the Group’s volumes increased by 33.7% including Jinbei and Huasong. The Renault brand reached a new record high in 2018 despite the decline in Turkey and Argentina, two important markets for this segment.
Mr Olivier Murguet, Sales and Regions Executive Vice President of Groupe Renault said that “Groupe Renault sales increased by 3.2% in 2018, with the integration of the Jinbei and Huasong brands. The Group’s sales growth in Russia, Brazil and Africa offset almost all of the economic and geopolitical headwinds outside Europe.”
In Europe, registrations were stable (+0.5%) in a market that grew by 0.2%. The Group’s growth comes mainly from the B segment (Clio, Captur, Sandero), and New Duster. Clio remains the second best-selling vehicle in Europe and Captur the first crossover in its class.
The Dacia brand posted a new sales record in Europe with 511,622 vehicles registered (+10.3%) and a record market share of 2.9% (+0.3 points). This increase is linked to the performance of the New Duster launched at the beginning of the year and Sandero.
Groupe Renault is pursuing its Drive the Future plan by expanding internationally, with registrations now representing 50.6% of total sales (vs. 49.2% in 2017), thanks in particular to the integration of the Jinbei and Huasong brands, and despite the decline in sales in Turkey and India and the cessation of sales in Iran since early September.
In Russia, the Group’s second largest country in terms of sales volume, the market grew by 12,8%. The Group is the leader, with more than one car in four sold being a Lada or a Renault. Sales increased by 10.9%.
Renault brand volumes were stable with 137,062 vehicles sold, pending the arrival of Arkana in 2019.
LADA recorded a 15.6% increase to 360,204 vehicles sold, with a 20% market share (+0.5 points) thanks to the successful renewal of its range. LADA Vesta has become the best-selling vehicle in Russia.
In Brazil, the Group outperformed the market recovery, which rose 13.6%. Sales increased by 28.5% to nearly 215,000 vehicles and market share reached 8.7% (+1.0 points) thanks to the good results of Kwid, which was sold to more than 67,000 units.
In Africa, the Group strengthened its leadership with a 18.1% market share, with 218,797 vehicles sold, thanks to its performance in Morocco, South Africa and Egypt. The market share in Morocco reached 43% with a 7% increase in sales volume. Dacia maintains its leadership with Dokker and Logan, the two best-selling vehicles.
Renault brand sales rose by 14.9% to more than 26,000 units in South Africa, representing a 4.9% market share. In Egypt, its market share reached 11.4%, up by more than 3 points with 20,504 vehicles sold.
In India, sales were down 26.8% in a market that grew by 8.4% pending the launch of a new vehicle scheduled for the second half of 2019.
In China, the Group is continuing to implement the “Drive the future” plan. Dongfeng-Renault volumes are down 26.9% pending the launch of new models in 2019. The launch of the RBJAC joint venture (Jinbei/Huasong) is progressing well. The Group is stepping up its electric vehicles offensive by investing in JM EV, the 5th largest electric vehicle manufacturer. In total, by integrating the new Jinbei /Huasong brands, the group’s volumes in China amounted to 216,699 units.
GROUPE RENAULT OUTLOOK 2019
In 2019, the world market is expected to be stable compared to 2018.
The European market is also expected to be stable. The Russian market is expected to grow by at least 3% and the Brazilian market by 10%.
In this context, Groupe Renault is aiming for a slight increase in sales in 2019, with an acceleration in the second half of the year thanks to the launch of new international models and the launch of New Clio, the Group’s flagship model in Europe.
Source : Strategic Research Institute