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Renault global sales up 21.6 per cent in first half of 2010

Business Materials 8 July 2010 18:42 (UTC +04:00)

French carmaker Renault said Thursday its worldwide sales of cars and light trucks rose by 21.6 per cent, to nearly 1.35 million, in the first half of 2010 over the same period last year, dpa reported.

The company's global market share rose 0.2 percentage points, to 3.9 per cent, Renault said in a statement.

Car sales by the Renault group - which includes Renault, Dacia und Renault Samsung Motors - came to 1.186 million, up by 22.2 per cent in a market that expanded by 15.2 per cent.

Jerome Stoll, executive vice-president of sales and marketing, said: "We are pleased with the results for first-half 2010. The Renault group is increasing sales volumes and market share across all its regions and for all three brands."

In Europe, Renault sold more than 765,000 units, a rise of 21.6 per cent, while in South Korea, Renault Samsung Motors increased its share of the car market by 3.6 points to 13.5 per cent, with sales rising by 58.8 per cent.

For the entire year of 2010 Renault expects the global market to expand by 8 per cent compared to last year, while the European market contracts by 7 to 9 per cent due to the phasing out of the so-called junker bonuses. dpa sm dms Author: Siegfried Mortkowitz

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