Renault’s sales in France are on an upward trend image

October was promising for Renault in terms of sales, as PSA Peugeot-Citroen had negative numbers.

According to industry data sales declared at the end of last month by data provider Autovista-DataNeo, deliveries in France climbed to 161,756 cars in October, 1 percent higher compared with the same period of last year. The period included one less selling day than in October 2014, dampening year-on-year growth. Due to a rising demand for Renault’s new models such as the Kadjar compact SUV, sales increased by 2,9 percent for the company. The numbers would have been much stronger if the French carmaker wouldn’t have encountered some difficulties with production capacity, as demands slightly accelerates in Europe.

By contrast, PSA Peugeot Citroen did not have a positive month. In October, registrations decreased by 5, 6 percent, taken down by an 11,5 percent interest collapse in Citroen’s line-up. A healthy sales boost was seen at Toyota, with a growth of 8,1 percent in October in France. Despite the scandal, Volkswagen’s registrations rose 4,4 percent, even as many deliveries were made after the scandal started showing it did not have much impact on VW’s sales last month. Autovista-DataNeo data also shows an increase of 1,7 percent for the French utility van segment, raising the light vehicle registrations to 1.1 percent. On the other hand, Renault is struggling in Russia – where the company owns 25 percent of Russia’s AvtoVaz. Sales there have dropped by 29.8 percent in the third quarter, according to a company statement.

Via Reuters

By Sorin Petcu