China major driver as Renault-Nissan thrives

Auto & Audio February 08, 2014 00:00

By The Nation

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The Renault-Nissan Alliance sold a record 8,266,098 vehicles last year, propelled by record sales in the car group's two largest markets, China and the United States.

Renault-Nissan’s 2013 calendar-year sales, which included Russia’s AvtoVAZ, increased 2.1 per cent from 2012. This marked the fifth straight year of sales growth. Together, Renault, Nissan and AvtoVAZ account for one in 10 cars sold worldwide.

"Strong demand in the world’s top markets more than offset anaemic growth and declines elsewhere," said Carlos Ghosn, Renault-Nissan chairman and chief executive officer. "We will always experience periods of regional instability, but we remain bullish: The auto industry is a long-term growth story – and the Renault-Nissan Alliance is well positioned to continue to play a major role in all major segments globally."

Renault Group sold 2,628,208 units worldwide in 2013, up 3.1 per cent. Sales in Europe rose 2.4 per cent to 1,301,864 units despite a 1.7-per-cent decline in the overall market. Renault’s European market share rose 0.4 percentage point to 9.5 per cent, making it the fastest-growing automotive group in that region last year.

Renault continued to generate more than half of its sales outside Europe for the second consecutive year, with sales outside the home continent totalling 1,326,344 units, up 3.8 per cent from 2012.

Nissan Motor Corporation sold 5,102,979 units worldwide, up 3.3 per cent – a record for the fourth straight calendar year. Nissan continued to sell more than a million units in its two biggest markets, China and the United States.

AvtoVAZ, owner of the iconic Lada brand, sold 534,911 vehicles globally, down 12.1 per cent from 2012 amid the economic slowdown in Russia. The Renault-Nissan Alliance has a majority stake in AvtoVAZ, Russia’s largest automaker, through a joint venture with state corporation RosTech (formerly known as Russia Technologies). Together, the Renault-Nissan Alliance and AvtoVAZ sell about one in three cars in Russia.

The Alliance’s top 10 markets last year were China, the US, Russia, Japan, France, Mexico, Brazil, Germany, the United Kingdom and Turkey.