Groupe Renault maintained its market share for the first half of the year in a market that was in sharp decline with no new products.
In the first half of the year, Groupe Renault recorded 1,938,579 vehicles sold, down 6.7% in a market that fell 7.1%. Sales remained stable in Europe in a market that fell by 2.5%, while in regions outside Europe, the Group's sales followed the sharply declining global trend.
Renault City K-ZE will be launched in China in the second half of this year In the electric vehicle segment, Renault brand sales volumes worldwide increased by 42.9%, representing more than 30,600 vehicles. In Europe, the Kangoo Z.E. by 30.7% (to 4,653 vehicles).
In the second half of the year, the Group will launch the Renault City K-ZE in China and accelerate its offensive in electric vehicles by investing in JMEV - Jiangling Motor's electric vehicle subsidiary, currently the fifth largest electric vehicle manufacturer in the country.
In Europe, registrations were stable in a market that fell by 2.5%. The Group's B segment offerings remained successful, such as the Clio, Captur, Sandero, as well as the New Duster. The Renault Clio remains the second best-selling vehicle in Europe and the Captur the first crossover in its segment.
Dacia posted a new sales record in Europe with 311,024 vehicles sold The Dacia brand posted a new sales record in Europe with 311,024 vehicles sold (representing an increase of 10.6%), as well as a record market share of 3.3%. This increase is linked to the performance of the New Duster and the Sandero.
Outside Europe, the Group suffered from the market decline in Turkey (-44.8%) and Argentina (-50.2%), and the end of sales in Iran since August 2018.
In Russia, the Group's second largest country in terms of sales volume, Groupe Renault is the leader with a market share of 28.8%. The group's total sales fell by 0.9% in a market that fell by 2.4%. LADA recorded a 2.5% increase to 174,186 vehicles sold, with a market share of 21.0%, thanks to the successful renewal of its range. The LADA Granta and LADA Vesta are the two most popular vehicles in Russia.
In China, Group volumes decreased by 23.7% in a market that fell by 12.7% pending the launch in the second half of Renault City K-ZE, the new electric city car.