Arab News

Renault-Nissan-Mitsubishi sells 10.6 million vehicles in 2017

-

Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, has announced that its member companies sold a combined total of 10,608,366 units in 2017.

Growing demand for SUVs, light commercial vehicles and a rising number of zero-emission pure electric vehicles helped lift unit sales by 6.5 percent in 2017, the first full-year of Mitsubishi Motors’ membership of the alliance.

Carlos Ghosn, chairman and chief executive officer of RenaultNis­san-Mitsubishi, said: “With more than 10.6 million passenger cars and light commercial vehicles sold in 2017, Renault-NissanMits­ubishi has become the No.1 automotive group worldwide. This evolution reflects the breadth and depth of our model range, our global market presence and the customer appeal of our vehicle technologi­es.”

In 2017, the alliance member companies sold vehicles in nearly 200 countries under 10 brands (Renault, Nissan, Mitsubishi Motors, Dacia, Renault Samsung Motors, Alpine, Lada, Infiniti, Venucia and Datsun).

Groupe Renault’s sales were up 8.5 percent to 3,761,634 units in 2017. It was a record year for Renault, the world’s leading French brand and No.2 brand in Europe, and also for Dacia. Renault is seeking continued growth in 2018, buoyed by the developmen­t of its internatio­nal activities and its renewed range, in line with its “Drive The Future” plan.

Nissan Motor Co. Ltd. sold 5,816,278 vehicles worldwide, up 4.6 percent, and shared details of “Nissan M.O.V.E. to 2022,” the company’s six-year strategic plan.

In 2017, the company achieved sales growth of 1.9 percent in the US and 12.2 percent in China.

Infiniti sold 246,492 vehicles in 2017, an increase of 7 percent from the previous year.

Mitsubishi Motors Corporatio­n sold 1,030,454 vehicles in 2017, up 10 percent from 2016. The increase in volume was led by China, a key market for Mitsubishi Motors’ “Drive For Growth” plan. Annual sales rose by 56 percent, to 129,160 units. China became Mitsubishi Motors’ largest market thanks to the strong demand for the locally produced Outlander.

Performanc­e in the ASEAN region was also strong with an increase of 17 percent to 242,224 units, thanks to the launch of XPANDER — a compact multipurpo­se vehicle — in Indonesia. In Japan, sales increased by 7 percent as the marketing of kei-cars resumed.

 ??  ??

Newspapers in English

Newspapers from Saudi Arabia