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Renault sees half of sales outside Europe by 2013

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Renault sees half of sales outside Europe by 2013

Automotive News Europe -- September 20, 2010 08:31 CET

PARIS (Reuters) -- Renault could see sales outside Europe account for 50 percent of total sales volume by 2013 if current trends continue, Chief Operating Officer Patrick Pelata told French newspaper Le Figaro.

As demand for new cars in Europe stalls after scrapping schemes were withdrawn, carmakers are increasingly looking to booming emerging markets for growth.

Pelata said 11 percent of Renault's sales came from outside Europe in 1999, and 40 percent currently comes from outside the region. If current trends continue this could rise to 50 percent by 2013, he said.

The carmaker would sell about 2.5 million cars in total this year, Pelata said, up from 2.3 million last year.

Last week, Pelata told journalists in Paris that he was slightly more optimistic about prospects for the European market this year.

The carmaker had predicted a 7 percent to 9 percent dip this year, but Pelata said the decline would be closer to 7 percent than 9 percent.

Pelata told Le Figaro the market would see a "significant drop" next year, however.

Pelata said Renault, whose alliance partner is Nissan Motor Co., would not give up on the premium sector.

The carmaker has already said it will launch a new version of the Espace. It is also looking at a successor to the Vel Satis, which would go on sale at the same time as the new Espace, in 2013-2014 if it were launched, Pelata said.

Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20100920/ANE/309209941/1317#ixzz106EHNWot

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