Renault’s sale in Iran market registers increase

Business Materials 18 February 2018 16:17 (UTC +04:00)

Baku, Azerbaijan, Feb. 18‎

By Gazenfer Hamidov – Trend:

French carmaker Renault sales in Iran’s car market registered a rise by 17.8 percent in the first month of 2018, the company said in its latest monthly sale statistics.

The carmaker has sold 15,846 units in Iran in January 2018, according to the report.

The company’s share from Iran’s market increased to 11.37 percent in January compared to 11.34 percent in the same month of 2017.

The company’s worldwide sales in January 2018 stood at 279,705 units, up by 12.4 percent compared to the same period of 2017.

The French carmaker sales in Iran’s market witnessed a rise by 49.33 percent in 2017 and amounted to 162,079 units.

The 2016 sales of Renault in Iran boomed by 110.7 percent to give the French carmaker an 8.4 percent market share. According to the company statistics, the carmaker sold 108,536 units in Iran in 2016.

The Iranian car industry’s total sales volume in January 2018 was 139,397 according to Renault data, which is 17.5 percent more, year-on-year.