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Fastest Growth For Renault Group In Irish Market

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Although we are only three months into 2016, the Renault Group are having a superb first quarter with over 9,000 registrations. This make them the fastest growing brand in the combined Irish market, up 45.5% on this same time last year. The Group finished a busy March in 4th position and year to date is at  9.4% market share, versus 8.3% in 2015. The passenger car markets is +28.1% on the same time last year with Renault Group up +43.9% in the sector. Renault LCV finished on the podium again in March with a market share of 11.7%, the biggest increase of any of the top 10 manufacturers.

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The LCV market is currently up +35.2% on last year and Renault Group LCV is performing ahead on +54.1%. Renault Kadjar is already in fourth position in the market, no mean feat for a new kid on the block,  and Clio which celebrates 25 years in Ireland this year, is also back on the podium in 3rd position. The shockingly affordable Dacia brand is in 12th position year to date, still ahead of well-established brands, and the Group is number 1 in the small car segment. Renault Finance lent over €75 million to Renault and Dacia personal and business customers in the first three months of 2016, a 60 % increase on 2015. Reflecting the Group’s growth. March was a busy month for Renault Finance with €35 million lent and 50% of lending was through PCP.

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Patrick Magee, Country Operations Manager, Renault Group:
“We’ve had a really good first quarter and are now the fastest growing in the Irish market year to date with cars and vans. Delighted to see our new Kadjar already in fourth position and of course the iconic Clio which we’ve been selling here since 1991, is still making a big impact on the podium again. Dacia continues to shock each month, passing out well-established brands and our van range is continuing to sell well above the market. It’s been a great start to 2016 for us and with updated versions of some of our bestselling models on the way later in the year –  it looks like 2016 is going to be a good one.”