Renault Sales Rise 5%

Renault Group reports sales of 1.37 million cars and light commercial vehicles worldwide in January-June compared with 1.30 million in the first half of 2013.

The company's sales in Europe jumped 18% to 776,200 in the six-month period, boosting Renault's market share in the region one percentage point to 10.2%. Demand in France climbed 13% to 313,700 vehicles.

Group sales outside Europe, which account for 43% of Renault's volume, fell 9% to 589,200 units in the first half of 2014. The company reports declines in all major emerging markets.

Renault predicts its sales for the remainder of the year will pace expected market expansions of 3%-4% in Europe and 1% in France.