Renault-Nissan drives up sales by 8 percent

2nd February 2005, Comments 0 comments

PARIS, Feb 2 (AFP) - French car manufacturer Renault and its Japanese partner Nissan increased combined vehicle sales in 2004 by 8.0 percent from the 2003 figure to 5,785,231 units, the two groups said on Wednesday.

PARIS, Feb 2 (AFP) - French car manufacturer Renault and its Japanese partner Nissan increased combined vehicle sales in 2004 by 8.0 percent from the 2003 figure to 5,785,231 units, the two groups said on Wednesday.

Their share of the world market for vehicles was 9.6 percent, putting them together among the top four manufacturers by volume in the world, they said. The share held by Nissan was 5.5 percent and by Renault 4.1 percent.

Renault group sales, comprising also sales under the Samsung and Dacia brands, rose by 4.2 percent to 2.489 million vehicles. Sales by Nissan rose by 11.0 percent to 3.295 million vehicles.

Renault owns 44.4 percent of Nissan which owns 15 percent of Renault.

In April, Carlos Ghosn, who has turned Nissan round into success, is to replace Louis Schweitzer at the head of Renault.

© AFP

Subject: French News

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