Renault Posts Group Sales Record for 2015

Renault Group hiked deliveries of cars and light commercial vehicles 3% to a record 2.80 million units in 2015. Results were led by 10% growth to 1.61 million units in Europe, according to the company.

Group sales in France advanced 5% to 607,200 units last year. Deliveries in the Africa/Middle East/India region climbed 17% to 359,900 vehicles.

But group sales in the Americas plunged 15% to 355,200 units in 2015. And volume fell 12% to 116,900 vehicles in Asia Pacific.

Sales of Renault brand cars grew 1% to 1.82 million units last year. Demand for the brand’s light commercial vehicles jumped 13% to 347,700 units. Dacia sales rose 8% to a record 550,900 cars and light trucks.

Renault Group predicts further sales gains in all regions in 2016. The company expects the global vehicle market will expand 1%-2%, with 2% increases in Europe and France. But it says the Brazilian and Russian markets will shrink another 6% and 12%, respectively, in 2016.