Renault-Nissan-Mitsubishi Alliance achieves record first half 2018 sales – 5.54 million units, up 5.1%

Renault-Nissan-Mitsubishi Alliance achieves record first half 2018 sales – 5.54 million units, up 5.1%

The Renault-Nissan-Mitsubishi Alliance has announced that sales rose 5.1% to a new record of 5,538,530 vehicles in the first half of 2018. The three carmakers saw increased demand in product segments including SUVs, pick-up trucks as well as EVs and hybrids.

Of the core brands, Renault reported increased sales of the Clio, Captur and Scenic; Dacia posted a half-year sales record; Nissan saw higher demand for models including the Note, Serena, X-Trail and Qashqai; and Mitsubishi’s volumes were enhanced by sales of the new Eclipse Cross and Xpander MPV.

Both Renault and Nissan reported strong demand in EVs. Renault secured 21.9% of the European EV market share with the Zoe and Kangoo ZE, which also holds 38% of the electric LCV market share. At Nissan, demand for the new Leaf contributed to EV sales of over 47,000 units in the first half – it also became the best-selling EV in Europe for the first half with more than 18,000 registrations. MMC remained the market leader in the plug-in hybrid SUV segment with the Outlander PHEV.

“Our member companies continue to lift unit sales in multiple markets, reflecting our brands’ competitive and attractive offerings. This strong sales performance in the first half of 2018 shows we are on track with the forecast we set in our Alliance 2022 mid-term plan,” said Carlos Ghosn, chairman and CEO of Renault-Nissan-Mitsubishi.

Renault-Nissan-Mitsubishi Alliance achieves record first half 2018 sales – 5.54 million units, up 5.1%

Under the six-year mid-term plan, Renault-Nissan-Mitsubishi is forecasting combined sales of more than 14 million units annually by the end of 2022, up more than 30% from the 10.6 million units sold by Alliance member companies in 2017. The plan also involves deepening convergence between the member companies, including the use of common platforms and powertrains, while sharing innovation in electrification, connectivity and autonomous tech.

A breakdown of the 5.54 million cars shows Renault contributing 2.1 million units. The French carmaker’s namesake brand is number two in Europe and the Captur remains the top B-SUV. Nissan sold 2.8 million vehicles under the Nissan, Infiniti and Datsun brands worldwide. In China, the company achieved sales growth of 10.8%.

Meanwhile, Mitsubishi sold 616,648 vehicles as the company launched the Eclipse Cross in more than 60 countries. Also, exports of the Xpander from Indonesia (its biggest market ahead of China, US and Japan) to the Philippines started in April. The results were also driven by Thailand, with strong demand for the Triton truck, and China with the Outlander SUV.

The Renault-Nissan-Mitsubishi Alliance says that around one in nine cars sold worldwide in H1 2018 were from the group.

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • Rotikaya on Jul 30, 2018 at 3:21 pm

    Mitsu rising like a phoenix from p1 ashes.

    Like or Dislike: Thumb up 6 Thumb down 2
    • The Xpander was a surprise hit for Mitsubishi. Aside from being a best-seller in Indonesia, the Filipinos are responding well to the MPV too. MMM, stop dragging your feet and bring it here fast.

      Like or Dislike: Thumb up 1 Thumb down 0
      • PacquiaoInside on Jul 30, 2018 at 4:37 pm

        Mitsubishi is the second best selling car company in the Philippines ever since the 90s. The top maker is Toyota of course.

        Like or Dislike: Thumb up 3 Thumb down 1
        • John May 9 Nangis on Jul 30, 2018 at 5:43 pm

          This is why we need Mat Salleh brains to run our GLCs. We need more Carlos to run our GLCs

          But then again, we tried in MAS, 2 white CEOs lari because they could not take the lepak attitude.

          Like or Dislike: Thumb up 4 Thumb down 2
      • This alliance will not be success in Malaysia. We all know who is distributor of Nissan and Renault in Malaysia. Some more, Mitsubishi only depends on triton.

        Like or Dislike: Thumb up 11 Thumb down 1
        • Well, Nissan & Renault is by old man TanChong and Mitsu is by tido goyang kaki MMM jepunis. Both taboleh pakai lor.

          Like or Dislike: Thumb up 5 Thumb down 0
    • After getting backstabbed by Nissan. Its like Mitsu got deflowered by Nissan then forced to marry it.

      Like or Dislike: Thumb up 5 Thumb down 0
  • How about profit, not sales figure? Without it such number is meaningless.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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