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
- Revenues in first half of 2010 up 23.0% to 19.66 bn Euros recover operating profitability
- Renault to set up test centers at Lardy Site in France and in Romania, after global production up by 13.5% to 1.384 mil units in 1st half 2010
- Renault - Nissan Alliance and Daimler agree to strategic partnership, while keeping partnership with Opel for light commercial vehicles
- Emerging countries strategy: Renault to strengthen the tie with AVTOVAZ in Russia and production capabilities in India and Argentina
- Renault to launch EV versions of 4-door sedan Fluence ZE and compact Kangoo ZE van from September 2011
- Mid-term Production Forecast by IHS Global Insight
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
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