YOKOHAMA (dpa-AFX) - Renault-Nissan Alliance, a strategic partnership between Paris-based Renault (RNT.L, RNSDF.PK, RNSDY.PK) and Yokohama, Japan-based Nissan (NSANY.PK), sold 8.03 million units in 2011, up 10.3% from last year, fuelled by robust sales in emerging markets and the United States. Sales rose for the third consecutive year. Renault sold 2.72 million units worldwide, up 3.6% from the prior year. Nissan sold 4.67 million units, up 14.4%. AvtoVAZ Lada accounted for 637,179 units, a 10.9 % increase compared to the previous year. 'The Alliance capitalized on the resurgence of the US economy and gained significant market share in the regions that will drive growth in the 21st century,' said Renault-Nissan Alliance CEO Carlos Ghosn. 'Double-digit sales growth is solid progress - particularly during a year in which we faced Japan's earthquake and tsunami, the abnormal strength of the yen, and financial turmoil in Europe.'
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