Renault: sales goal of over 3 million vehicles set for 2013

Plans to increase production in Brazil and Russia, launch five models in India

2012/01/17

Summary

 Renault plans to sell two EV models, the new small car Clio, and new models of entry segment family cars and light commercial vehicles in 2012. The company will launch the new Twingo in 2013 using a small vehicle platform being co-developed with Daimler.

 Renault's plans for emerging markets include increasing annual capacity to 380,000 vehicles in Brazil and bringing its own plant in Russia to full production while starting consignment production by AvtoVAZ to increase production in Russia. Renault will launch five models in India intensively from 2011 to 2012.

 Renault had set its sales goal for 2013 at 3 million vehicles for the medium-term business plan presented in February 2011. This reflects Renault's policy to keep its sales share in Europe by shifting to small cars while increasing sales in emerging markets.

 Renault's outlook for 2011 is above 2010 in terms of unit sales and revenues. The company expects its unit sales in 2011 to be over 2.63 million vehicles and revenues over 39 billion Euros.