The Renault-Nissan-Mitsubishi Alliance has announced that sales rose 5.1% to a new record of 5,538,530 vehicles in the first half of 2018. The three carmakers saw increased demand in product segments including SUVs, pick-up trucks as well as EVs and hybrids.
Renault reported increased sales of the Clio, Captur and Scenic; Dacia posted a half-year sales record; Nissan saw higher demand for models including the Note, Serena, X-Trail and Qashqai; and Mitsubishi’s volumes were enhanced by sales of the new Eclipse Cross and the Xpander MPV.
Both Renault and Nissan reported strong demand in EVs. Renault secured 21.9% of the European EV market share with the Zoe and Kangoo ZE, which also holds 38% of the electric LCV market share. At Nissan, demand for the new Leaf contributed to EV sales of over 47,000 units in the first half – it also became the best-selling EV in Europe for the first half with more than 18,000 registrations. Mitsubishi remained the market leader in the plug-in hybrid SUV segment with the Outlander PHEV.
Carlos Ghosn, Chairman and CEO of Renault-Nissan-Mitsubishi alliance said:
“Our member companies continue to lift unit sales in multiple markets, reflecting our brands’ competitive and attractive offerings. This strong sales performance in the first half of 2018 shows we are on track with the forecast we set in our Alliance 2022 mid-term plan.”
Under the six-year mid-term plan, Renault-Nissan-Mitsubishi is forecasting combined sales of more than 14 million units annually by the end of 2022, up more than 30% from the 10.6 million units sold by Alliance member companies in 2017. The plan also involves deepening convergence between the member companies, including the use of common platforms and powertrains, while sharing innovation in electrification, connectivity and autonomous tech.
The Renault-Nissan-Mitsubishi Alliance says that around one in nine cars sold worldwide in H1 2018 were from the group.
A 3d animation professional with over 20 years of industry experience having served in leading organizations & production facilities of Pakistan, an avid car enthusiast and petrolhead with an affection to deliver writings to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com