Renault India Reports 9% Drop In Annual Sales At 87,118 Units

Renault has unveiled its product sales data for the 2022 calendar yr, and very last 12 months the organization bought 87,118 motor vehicles in the Indian industry. When compared to 2021, in India, the French carmaker observed a yr-on-calendar year drop of 9 for every cent in sales, when the firm’s current market share dropped by .7 for every cent. India remained the company’s fifth-most significant industry globally, and Renault remains one particular of the major European OEMs in the Indian marketplace. Appropriate now, the enterprise has three models on sale in India – Kwid, Triber and Kiger, which collectively accounted for 6,126 units in December 2022.

Renault India’s sector share dropped by .7 per cent in 2022.

As for Renault’s world-wide profits, involving January and December 2022, the firm bought 1,466,729 models globally, out of which 832,605 models ended up produced in Europe, and 634,124 on intercontinental markets. This involves the two passenger motor vehicles as effectively as gentle industrial cars, in addition to vehicles bought by Renault Korea Motors, the French marque’s South Korean subsidiary. In actuality, 43 for each cent of its whole income arrived from exterior Europe thanks to solid overall performance in Latin America (+8 for each cent), Turkey (+23 for each cent) and Morocco (+11 per cent). Getting stated that, in contrast to 1,619,642 cars bought in 2021, the company’s YoY yearly product sales declined 9.4 for each cent.

Commenting on the company’s functionality, Renault brand name Main Functioning Officer, Fabrice Cambolive explained, “The staff sent on our essential priorities in 2022:  the increasing electrified sector, the C-phase, the retail market. Our E-Tech vary correctly fulfills customers’ expectations and places us as the third manufacturer in Europe on the electrified marketplace. In 2023, the advancement of Renault will be ensured by our distinctive E-Tech variety on the marketplace, a entire yr of sales of Megane E-Tech electric and New Austral E-Tech, as properly as 4 crucial launches with significant-high-quality automobiles of which we are happy.”

The new Megane E-Tech electric, which was launched in the 2nd fifty percent of 2022, accounted for 33,000 models in revenue

In 2022, Renault also marketed 228,000 electrical vehicles in Europe becoming the 3rd leading electrified brand in the continent, with a 12 per cent YoY progress. The E-Tech assortment (BEV and Hybrid powertrains) now represents 39 for every cent of Renault passenger cars and trucks revenue in Europe in 2022, when the market regular is 31 per cent. Past 12 months, the company’s new Megane E-Tech electric, which was launched in the second 50 % of 2022, accounted for 33,000 units in product sales, even though the company’s hybrid versions like – Clio, Captur, and Arkana accounted for 117,000 units, witnessing 64 for each cent progress YoY.

France, Renault’s house turf, remained the company’s most significant industry, accounting for 335,971 units in 2022. It was adopted by Brazil (126,689 models), Germany (100,338 units) and Turkey (99,639 models) in the second, 3rd and fourth spots, respectively.