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Renault global sales slide 3.3 percent in first half
PARIS — French automaker Renault on Wednesday said global sales in the first six months of 2012 fell 3.3 percent year-on-year to 1.33 million vehicles, mainly due to poor business in Europe.
Renault said in a statement that sales in its international automobile division grew 14.3 percent but could not make up for a 14.9 percent slide in Europe.
The company notched up record sales worldwide in 2011 at 2.72 million.
It hoped for better figures in the second half but “overtaking the 2011 sales will ... depend on the evolution of the global economic environment and the state of Europe’s financial health,” sales director Jerome Stoll said.
Sales outside Europe now account for 47 percent of the total, the number two French auto manufacturer said, against 39 percent in the first half of 2011.
Like its French rival PSA Peugeot Citroen, Renault was hit hard by the end of government cash-for-clunker schemes that saved the European auto market after the global financial crisis of 2008.
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