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Sales of Renault Group fell 6.7% in the first half of the year compared with the same period last year, and electric vehicles increased by more than 40%.

2024-09-19 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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Renault Group official as a legal car also released the latest sales data, due to the slowdown in global car sales, in the first half of this year, Renault Group sold a total of 1,938,579 cars worldwide, down 6.7% year-on-year; among them, sales of electric vehicles increased by 42.9% compared with the same period last year, with cumulative sales exceeding 30,600 vehicles. However, the Chinese market fell sharply, down 75.97% year-on-year.

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Specifically, from January to June 2019, Renault sold 1,070,600 vehicles in Europe; 110,000 vehicles in Africa; 205,700 vehicles in the Americas; and 89,700 Renault passenger cars and commercial vehicles in China.

From the data point of view, Renault Group still has a large sales volume in the European domestic market. Renault said it had maintained market share in the first half of the year amid a sharp decline in the auto market and held its ground without launching any new products.

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Among them, thanks to the performance brought by the electric vehicle field. In the electric vehicle segment, Renault sold more than 30,600 vehicles worldwide, an increase of 42.9%. Among them, ZOE sold 250,400 vehicles in Europe, an increase of 44.4%, and Kangoo Z.E. sold 4653 vehicles in Europe, an increase of 30.7%.

Renault's sales announcement comes amid a darkening outlook for the global auto industry, declining sales in all major markets and a looming trade war. A day earlier, Renault rival PSA Group also reported that its first-half car sales fell 12.8 percent year-on-year to 1.9 million units from 2.18 million units in the same period last year.

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However, Renault Group's experience in the Chinese market is similar to PSA Group. As a "young" joint venture brand, Dongfeng Renault's sales continue to plummet! Sales in June were 1,503 units, down 67.2% year-on-year; cumulative sales from January to June this year were 8,901 units, compared with 37036 units in the same period last year, down 76% year-on-year.

In fact, the reason why the whole legal system car performance in China is not ideal is, first, the legal system car is not the mainstream model, the competitive advantage is not obvious, and the model replacement is slow, the product strength is insufficient; second, the brand power is insufficient, there is no bright spot in marketing, the after-sales service is not too fine, can not stimulate the user's desire to buy.

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In addition, Renault Group will launch the first electric vehicle Renault e Nuo in China in the second half of the year, and inject capital into Jiangling Group New Energy to accelerate the layout of electric vehicle market in China. However, whether the electric vehicles with considerable sales in Europe will be effective in China will have to be verified by the market.

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