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RNO Renault SA

48.00
0.36 (0.76%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Renault SA EU:RNO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 0.76% 48.00 47.64 48.25 48.33 47.76 48.15 519,551 16:40:00

EU New Car Sales Lifted by Italy, Spain

14/10/2016 7:29am

Dow Jones News


Renault (EU:RNO)
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By Eric Sylvers

 

New car sales in the European Union rose 7.2% in September as double-digit growth in Italy and Spain pushed the region to its highest ever result for the month.

New car registrations, which closely mirror sales, rose to 1.46 million vehicles in the EU in September from 1.36 million vehicles in the same month last year, according to data released by the European Automobile Manufacturers' Association, or ACEA.

Sales grew 17% in Italy and 14% in Spain. The other three major European markets posted more modest gains with Germany up 9.4%, France 2.5% and the U.K. 1.6%.

Volkswagen AG's (VOW.XE) sales climbed 5.2% on the month though the German company's market share fell almost half a percentage point to 22.8%. Renault SA's (RNO.FR) 19% advance in car sales led among major auto makers in September.

Over the first nine months of the year new car sales in the EU advanced 8% to 11.2 million vehicles.

 

-Write to Eric Sylvers at eric.sylvers@wsj.com

 

(END) Dow Jones Newswires

October 14, 2016 02:14 ET (06:14 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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