Renault-Nissan Alliance Sales Rise for Fifth Straight Year in 2014 to 8.5 Million Vehicles
Paris (ots/PRNewswire) -
- Sales higher amid rising sales in the United States and Western Europe - Alliance sales, including AVTOVAZ, account for one in 10 cars sold worldwide - Alliance remains global leader in zero-emission vehicles; EV sales up 24 percent
The Renault-Nissan Alliance sold a record 8,470,610 vehicles in 2014 amid rising sales in the United States and Western Europe.
Sales rose for the fifth straight year, up 2.5 percent compared with the previous year. Together, Renault, Nissan and AVTOVAZ, Russia's largest automaker, account for one in 10 cars sold worldwide.
"Robust demand in the United States, the recovery in Western Europe and an array of compelling new models contributed to another year of rising sales for the Alliance in 2014," said Carlos Ghosn, Alliance Chairman and CEO. "We remain well-positioned and optimistic about the long-term prospects in the global growth markets, despite the recent declines in Russia and Brazil."
Renault SAS, Europe's third-largest automaker, sold 2,712,432 vehicles worldwide in 2014, up 3.2 percent from 2013. In Western Europe, Renault sales totaled 1,464,611, up 12.5 percent, more than double the overall market. Renault's market share in Europe reached 10 percent, up 0.6 percentage points. Dacia was Europe's fastest-growing brand, gaining 0.4 percentage points of market share.
Renault sales outside Western Europe fell 5.9 percent to 1,247,821 vehicles due to the economic slowdown in many of its markets. Despite the slowdown, Renault posted its highest market share ever in Brazil and Russia, its second and third largest markets after France.
Nissan Motor Co., Ltd., sold a record 5,310,064 cars and trucks worldwide, up 4.1 percent. Nissan continued to sell more than 1 million vehicles in its two largest markets, the United States and China.
AVTOVAZ sold 448,114 vehicles, down 16.3 percent due to the overall market slowdown in Russia. The Renault-Nissan Alliance has a majority stake in AVTOVAZ, which sells cars under the LADA brand, through a joint venture with state corporation Rostec. Together, the Renault-Nissan Alliance and AVTOVAZ sell about one in three cars in Russia.
Renault-Nissan market highlights
The Alliance's top 10 markets in 2014 were the United States, China, Russia, Japan, France, Mexico, Brazil, UK, Germany and Italy.
For the full press release, go to: http://www.media.blog.alliance-renault-nissan.com/news/5365
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