Tuesday 2 March 2010

RENAULT DOUBLES YEAR-ON-YEAR MARKET SHARE


RENAULT SAYS: Renault South Africa continued to enjoy spectacular growth during February achieving market share of 3.2% - double that for the same month in 2009 - while a strong performance by the locally manufactured Sandero hatchback range in particular, helped the company achieve a 140% increase in sales volume.

NAAMSA’s sales figures for the month confirmed that the market was on the road to recovery according to RĂ©gis Fricotte, Vice President of Marketing and Communications at Renault South Africa. Despite a low stockholding of certain of new models, Renault sales enjoyed good sales - in large part due to Sandero he added. “In February, Sandero sales grew in excess of twofold those of the last quarter of 2009 with more than 91% of units sold going to private consumers.

“Dealer activity doubled compared to previous months while internet activity levels during February reached unprecedented levels. The market is recovering sooner than expected and this is good news. Even better news for Renault, however, is that our growth is exceeding that of the market.

“Renault got off to a strong start in 2010 and with a completely renewed and integrated product range that gives us representation across all the Passenger Car segments, it is our firm intention to maintain this momentum and further improve our market share. Clearly, South Africa is slowly making its way toward the light at the end of the recession tunnel.”

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