Renault-Nissan alliance has become world’s number 1 automaker in the first half of this year; beats Volkswagen and Toyota
In the race up to the top, Renault-Nissan has outpaced Volkswagen to take the throne. Based on the half-year sales, Renault-Nissan alliance is officially the world’s largest with 5,268,079 units sold in the first six months of the current year. Trailing behind the French-Japanese alliance, the German conglomerate reported 5,155,600-unit sales and Toyota posted 5,129,000-unit sales in the same time under review. One must note that the figures given above are for the first six months of the current year and the final ranking of automakers is established by global automaker association OICA on an annual basis. Read More – Renault Kaptur crossover
The Renault-Nissan alliance reported year-on-year growth of 7 per cent, and the total sales is estimated to catapult to 10.5 million units by the end of the year. While the year-on-year growth for Volkswagen Group was 0.8 per cent and it is estimated to post 10.3 million-unit sales by the end of 2017. As for Toyota, its year-on-year growth was 2.7% per cent and the estimated sales for the year 2017 is 10.3 million.
After ruling the automotive market globally for years, General Motors reported 4.7 million sales from the period of January to June. The company lately pulled out from the Indian market finding it difficult to sustain amid stern competition. Along with India, it also pulled out from Europe, which is one of the prominent markets globally.
Mitsubishi, which is now a part of the Renault-Nissan alliance sold a total of 4,94,303 cars globally in the first six months of 2017, witnessing 2.4 per cent year-on-year growth. While the year-on-year growth for Nissan was 5.6 per cent with 2,894,488 units sold in the same time under review.
As for the Indian market, Renault sells stellar model Kwid, which is based on the CMF-A underpinnings. Last year Nissan also launched the redi-GO mini hatchback under its low-cost brand, Datsun that recently received a 1.0-litre engine. As for Mitsubishi, it will launch the next-generation Pajero in India sometime next year.