AUTO INDUSTRY NEWS

Renault-Nissan now closer to GM in worldwide sales

Renault-Nissan now closer to GM in worldwide sales  image

Anton Andres / Kelvin Christian Go | February 09, 2017 15:07

Renault-Nissan Alliance aims to become new third biggest automaker

During a recent press conference, the Renault-Nissan Alliance said that they are poised to overtake General Motors (GM) as the third biggest automaker in the world. With the nine brands under the Alliance, total sales Renault-Nissan reached 9,961,347 units in 2016.

Meanwhile, General Motors sold 9,965,238 vehicles last year. Despite the 1.3 percent growth from last year, GM is just 3,891 units ahead of the Renault-Nissan Alliance which now includes Mitsubishi.

According to the automaker, helping the Franco-Japanese partnership was Nissan's continuous sales growth. Last year, Nissan sales went up by 2.5 percent, bringing the total tally to approximately 5.6 million vehicles. Mitsubishi added a further 934,013 units to the Alliance's total sales tally. The remaining figures are split among the other brands of Renault-Nissan Alliance.

In a statement, Carlos Ghosn, Chairman and CEO of Nissan Motor, said, “The combination of Groupe Renault, Nissan Motor and Mitsubishi Motors creates a new force in the global auto industry”. Ghosn added, “Forecasts of all the companies in the Renault/Nissan Alliance show that together with Mitsubishi we are nearing 10 million units, and we will be one of the top three automakers of the world.”

Both companies have several brands under them which contributed to their respective total sales figures. Brands under General Motors are Baojun, Buick, Cadillac, Chevrolet, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. Renault-Nissan Alliance meanwhile has Nissan, Renault, Mitsubishi, Infiniti, Renault Samsung Motors, Dacia, Datsun, Venucia and Lada.