BOULOGNE-BILLANCOURT (dpa-AFX) - French car maker Renault SA (RNT.L, RNSDF.PK, RNSDY.PK) announced that the results of the Renault group were in line with the projections and the forecast that it made at the start of the year. The Group reported a 24.7% share of the market, down 2.7 points on January 2011. The company said that one LCV in three registered in France in January was a Renault and four out of the five top-selling LCVs were Renaults. In an LCV market that contracted 2.5%, Renault group sales volumes grew year on year and the Group increased its market share by 1.7 points. In addition, Renault brand PC sales decreased in January, ahead of the full effect of the range renewal in the coming months, the company noted. Also, the Dacia brand took a 4.7% share of the PC market, up 0.5 points on 2011 thanks to Sandero and Duster, which confirmed their sales success. This percentage considerably exceeded the company's forecasts and confirms the appeal of the brand, even ahead of the extension of the Dacia range set to begin in April when the Lodgy minivan arrives in the showrooms.
Copyright RTT News/dpa-AFX
