Renault Trucks Maintains Its Positions In 2019

Renault Trucks Maintains Its Positions In 2019

With 54,098 vehicles invoiced, Renault Trucks maintained its positions in 2019 in a contrasted commercial vehicle market, consisting of a very dynamic first half and a less buoyant second half.

On the over 6-ton segment, the French manufacturer held on to a stable market share in Europe (8.5%) and maintained its dominant position in France with a 27.9% market share.

In the over 16-ton European market, the manufacturer recorded a slight 0.1 point drop in market share, while increasing its market share by 0.3 point on the midrange 6-16 ton ranges.

Volumes rose 10% internationally, with 4,993 trucks invoiced. In a difficult context with a very low European market down 28%, Renault Trucks gained market share in all countries. In particular, the French manufacturer achieved a historic performance in the over 16-ton segment in Turkey, with market share up 3 points to 8.8%.
Renault Trucks also strengthened its dominant position in Algeria with 26% market share (over 16 tons). Manufacture of Renault Trucks C and K started in 2019 at the constructor's assembly plant in Meftah, producing 850 trucks. In 2020, D-range vehicles will also be assembled in the factory.

Renault Trucks recorded a solid 3% increase in spare parts sales in 2019, despite a decline in transport activity. The portfolio of vehicles under maintenance contracts for more than 36 months also grew by 13%, with more than 35,000 vehicles under contract.

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