Automotive Alliance Achieves Record Business Number in First Half – NewBusinessEthiopia.Com



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Renault-Nissan-Mitsubishi, the world's largest automotive alliance, announced today that sales of its member companies were up 5.1% to reach a new record of 5,538,530 vehicles by June 30 .

increased demand in product segments including crossovers, SUVs, pickups and zero emission electric and hybrid models.

Among the leading brands, Renault has announced an increase in sales of Clio, Captur and Scenic; Dacia posts a half-year sales figure; Nissan saw higher demand for models including Note, Serena, X-Trail and Qashqai; and Mitsubishi Motors volumes boosted by sales of new Eclipse Cross and XPANDER models

Renault and Nissan both had strong demand in the EV segment. Renault accounted for 21.9% of the European market for electric vehicles with ZOE and Kangoo Z.E., which also holds 38% of the electric vehicle market. At Nissan, the demand for the new LEAF contributed to the turnover of more than 47,000 EV in the first half and became the best-selling electric vehicle in Europe in the first half with over 18,000 registrations. Mitsubishi Motors remained the leader in the PHEV SUV segment with ongoing orders for its Outlander Hybrid Electric.

Carlos Ghosn, President and Chief Executive Officer of Renault-Nissan-Mitsubishi, said, "Our member companies continue to increase unit sales across multiple markets, reflecting the competitive and attractive offerings of our brands. This strong commercial performance in the first half of 2018 shows that we are in line with the forecasts we have established in our medium-term plan Alliance 2022. "

As part of the six-year medium-term plan, Renault-Nissan- Mitsubishi is forecasting combined sales of more than 14 million units per year by the end of 2022, up more than 30 percent from the 10.6 million units sold by member companies. The plan also provides for increased convergence between member companies, platforms and powertrains, while sharing innovation in electrification, connectivity and technology. self-drive.

Vehicles sold by Alliance member companies accounted for about one in nine new vehicles in the first half of 2015. Among the different brands:

The Renault Group sold 2 , 1 million vehicles in the first half of 2018, setting new half-yearly sales records for the Renault and Dacia brands. In Europe, Renault remains the second best-selling brand, with Captur number one in its segment.

Nissan Motor Co. Ltd. sold 2.8 million vehicles under the Nissan, INFINITI and Datsun brands worldwide. In China, the company recorded a 10.8% sales growth

Mitsubishi Motors sold 616,648 vehicles worldwide, the company having launched its new Eclipse Cross in more than 60 countries. In addition, XPANDER exports from Indonesia to the Philippines began in April. The results were also pulled by Thailand, with strong demand for pick-ups, and China with the Outlander SUV.

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