French car manufacturer Renault saw its sales increase 13% in Europe during the first six months of 2014, according to mid-year sales figures released this week.
Renault Group sales which include the budget Dacia brand were up 18% to 776,236 units compared to the same period in 2013.
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The group’s results in Europe allowed it to off-set a sharp fall caused by economic and financial turmoil in its emerging markets, as sales outside the continent fell 9%.
Despite the decrease, the group continued to see market share growth in its Latin American and Eurasian markets, including a record 7% in Brazil.
Globally, the group’s passenger car and LCV sales rose 4.7% to 1,365,418 units sold during the first six months of the year, ahead of the 3.8% market growth figure.
Jérôme Stoll, chief performance officer and executive vice-president of sales and marketing at Renault, said the popularity of the brand’s Clio and Captur models ensured Renault brand sales in Europe rose in the first half of 2014.
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By GlobalData"As a result, Renault is able to diminish the impact of the decline in our main emerging markets and to maintain the Group’s positive momentum," he added.
