French auto giant Renault Group has reported a 1.3% increase in global sales volume for 2024, selling a total of 2.26 million vehicles.
Renault brand sales increased by 1.8%, reaching 1,577,351 vehicles globally, up from 1,548,748 in 2023.
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The company’s Dacia brand saw a 2.7% increase in sales, with global sales rising to 676,340 units, up from 658,321 in 2023.
Alpine brand reported sales of 4,585 vehicles, an increase of 5.9% compared to 4,328 sales reported in 2023.
The company experienced a strong performance in Europe, with a 3.5% rise in sales compared to the previous year.
In Europe, Renault Group sold 1.6 million cars, driven by new model launches.
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By GlobalDataFrance remained the leading market for the group, with over 541,000 vehicles sold, capturing a 25.8% market share.
Italy, Turkey, Spain, and Germany also featured as top markets, contributing to the group’s European success.
Electric vehicles represented 9% of Renault Group’s total sales in Europe during a year marked by a transition in the product plan.
The sales of hybrid vehicles in Europe surged by 45%, now accounting for 25.5% of the group’s sales, which is an increase of 7.5% points from 2023.
Outside of Europe, the Renault Group saw growth in South Korea, where sales increased by 80.6%. This increase is attributed to the launch of the Grand Koleos SUV.
In Brazil, sales went up by 10.3%, propelled by the Kardian model.
At the end of December 2024, the group held orders for two months of forecast sales in Europe.
The firm is planning to launch seven new models this year.
