Russia: Renault car sales grow 25% to 56,600 in H1

Automotive

The French car manufacturing giant Renault increased sales in Russia between January and June 2008 by 25%, up to 56,600 cars year-on-year, the company said in a statement on Monday.

The company’s two most popular models in Russia remain the Renault Logan (41,000 sold cars) and the Renault Megane (8,600 cars).

Renault continues to expand its network in Russia, which currently comprises 74 dealerships in 61 cities. Renault also announced in May this year that by the end of 2009 it would launch production of its low-cost Sandero five-door hatchback at its Moscow plant, Avtoframos, which has been building Logan models since 2005.

The Moscow city government and Renault set up Avtoframos in 1998. The joint venture rolled out around 80,000 cars in 2007, a 41% increase on the previous year. (rian.ru)

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.