Indian market, Iran situation bring down Renault sales

French automobile maker Renault’s vehicle sales in the Asia-Pacific region went down 12 percent during the first half of 2014 due to the drop in the Indian market and the situation in Iran, the Renault group said Monday.

In a statement, the group said it sold 110,903 units in the Asia-Pacific during the first half of the current calendar year, down from 126,111 units sold during comparable period last year.

Group sales were down 12 percent in particular due to the situation in Iran and the drop in the Indian market.

For the group, India is ranked 13th out of top 15 markets. During the first six months Renault sold 24,129 units in India.

Globally the Renault group sold 1,365,418 units during the first six months of 2014, up from 1,304,427 units sold during corresponding period of 2013.

By Big News Network


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