Latest details on Renault's sales in Iran

Business Materials 30 April 2018 17:32 (UTC +04:00)

Baku, Azerbaijan, April 30

By Umid Niayesh - Trend:

French carmaker Renault sales in Iran’s car market stood at 7,953 in March, the company said in its latest monthly sale statistics.

Renault sales in Iran’s market registered a fall by 18.5 percent year-on-year,

The carmaker sold 13,982 units in Iran in February 2018.

The company’s share from Iran’s market decreased to 4.9 percent in March compared to 7 percent in the same month of 2017.

Renault sales in Iran market in January-March 2018 reached 37,781, which was 1.7 percent less year-on-year. The sale was equal to 8.3 percent share of country’s car market.

The company’s worldwide sales in January-March 2018 stood at 935,041 units, up by 4.8 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-March 2018 was 456,174 according to Renault data, which is 12.7 percent more, year-on-year.

The sale volume in March increased by 18.2 percent year-on-year and reached 164,000 units in Iran’s car market.