Renault forecasts 2010 full-year sales as record 2.5 mil units

EV models of Fluence ZE and Kangoo ZE coming up in September 2011

2011/01/04

Sales volume of Jan - Oct period 2010 was 2.161 mil units, up by 14.5% y/y, and full-year sales forecast 2.5 mil units

 

  Renault had vehicle sales of 2.161 million units in the January - October period of 2010, up by 14.5% on year-on-year basis. By brand, the Samsung brand, in particular, enjoyed brisk sales with 135K units in the same period, up by 27.7% over the same period of last year. Sales of the Renault and Dacia brands were up by 13.7% to 1.738 million units and by 12.7% to 287 K units, respectively.

  By region, Renault sold 1.372 million units in Europe in the same nine months of 2010, up by 10.0% on a year-on-year basis. The market share in Europe achieved 10.62% with its passenger cars and light commercial vehicles, up by 1.33 percentage point over the previous 9.29%. Renault sold well outside Europe. Unit sales were up by 25.0% in the Eurasia including Russia, 30.2% in Americas centering on South America and 30.4% in Asia-Africa respectively on a year-on-year basis.

  In the announcement of the third quarter results, Renault forecasted 2010 year-round sales as 2.5 million units. The sales will exceed 2.6 million units and refresh the 2005 record, reportedly.

Renault's 2010 business forecasts: sales of 2.5 mil units and a positive free cash flow of 700 mil Euros

Market forecast   It is expected that the world automotive market will grow 8%; however the European market is expected to shrink 5% because the governments' new car subsidiary program ended (it was 10% down in the initial forecast).
2010
business forecast
  Renault forecasts 2010 unit sales of 2.5 million units, and its automotive division will realize a positive free cash flow of 700 million Euros.

Source: Renault Earnings report 2010 3Q, Automotive News Europe 2010/12/13
NOTE: According to Renault's PR personnel, Renault expects to have 2010 sales of 2.6 million units over the 2005 record.

Renault Group's global sales (PC+LCV)

(Units)
  2005 2006 2007 2008 2009 2009
Jan-Oct
period
2010
Jan-Oct
period
Renault brand 2,250,839 2,115,572 2,134,949 2,019,369 1,861,389 1,526,260 1,738,442
Samsung brand 119,488 121,660 119,557 104,502 136,467 105,851 135,150
Dacia brand 164,364 196,378 230,535 258,372 311,332 255,029 287,296
Group
Total
Passenger cars 2,141,565 2,042,796 2,081,486 2,018,024 2,032,565 1,664,555 1,893,120
Commercial vehicles 393,126 390,814 403,555 364,219 276,623 222,585 267,768
Total 2,534,691 2,433,610 2,485,041 2,382,243 2,309,188 1,887,140 2,160,888
Europe (see Note 1) 1,852,474 1,692,903 1,624,261 1,507,554 1,529,368 1,247,613 1,372,282
Source: Renault Annual Report 2009, Renault Monthly Sales
Notes: 1. Europe means Western and Central Europe
2. The 2008 total sales volume and the Group Total of passenger cars and commercial vehicles are different, although the figures are from source data without change.
3. The table above does not include sales volume of the Lada brand of Avtovaz, in which Renault acquired 25% stake in February 2008.

Renault Group's unit sales by regions (PC+LCV)

(Units)
  Europe Outside of Europe Worldwide
Euromed Eurasia Americas Asia-Africa Total Ratio of
Outside
of Europe
2005 1,852,474 337,497 164,591 180,129 682,217 26.9% 2,534,691
2006 1,692,903 380,657 185,438 174,612 740,707 30.4% 2,433,610
2007 1,624,261 424,121 244,926 191,733 860,780 34.6% 2,485,041
2008 1,507,554 274,352 130,218 254,957 215,162 874,689 36.7% 2,382,243
2009 1,529,368 240,500 80,428 236,029 222,863 779,820 33.8% 2,309,188
Jan-Oct 2009 1,247,615 199,867 66,457 192,813 180,390 639,527 33.9% 1,887,142
Jan-Oct 2010 1,372,298 219,230 83,047 251,100 235,294 788,671 36.5% 2,160,969
Source: Renault Annual Report 2009, Renault Monthly Sales
Note:  Europe means Western and Central Europe. Euromed includes Eastern Europe (Romania, Bulgaria, etc.), Turkish and North Africa. Eurasia includes Russia and CIS countries. Asia-Africa includes Oceania and Middle East.

Renault Group's market share in Europe (PC+LCV)

 

  2007 2008 2009 Jan - Oct 2009 Jan - Oct 2010
market share 8.82% 8.97% 9.57% 9.29% 10.62%

Source: Renault Monthly Sales