Saturday, January 28, 2017

Groupe Renault Sales Grow in South America Despite Down Market

Groupe Renault sales in South America rose by 0.1% despite market shrinkage of 4.1%, holding up well to the economic difficulties with a market share of 6.5%, up by 0.3 points.

In Brazil, market share rose by 0.2 points to a record 7.5%, on a market that slipped back 19.8% thanks to the successful performance of Duster Oroch. In 2017, the group will benefit of its brand new SUV range with Captur, Kwid and New Koleos as well as the arrival of Alaskan. The Renault brand continues to reap the benefits of pickup on the Argentinian market, with registrations up by 24.8% against growth of 9.1% in the market as a whole. In Colombia, sales volume and market share hit records (21.3%).

 

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