Renault Group ends February in 4th Position year to date with over 10% Market Share

Renault Megane Electric.

Renault Group ended February with 8.5% market share and are now in fourth position in the overall market year to date with 10.30% share.

Renault vans continued to perform well last month and are now positioned in second place year to date with 21% market share. Renault Master maintains its number one position in the LCV market year to date and Trafic comes in at number two in its segment.

Renault’s all new Kangoo, which won the International Van of the Year 2022, has just arrived at dealerships and is now available to order in both diesel and electric versions.

Dacia’s popularity continues as the brand finished in 9th position in the Top 10 Selling Car Brands in February and year to date comes in at number seven, a great accolade for a brand celebrating just ten years in the country.

With market share at 5% year to date, Dacia’s models continue to attract the Irish value-conscious customer with Duster sales up 56% year to date and Sandero the second best-selling car in its segment. Duster also climbed to number 5 in the new car market in February. The all new Jogger is the most affordable 7-seater and second best selling in the segment in Ireland year to date.

Renault Kangoo.

As March begins Renault has good supply and stock available on all-new Megane E-Tech 100% electric, Zoe E-Tech 100% electric and Arkana with Renault E-Tech Sales Events taking place at Renault’s 31 dealerships from 20th-31st March where customers can test drive and get practical advice on the hybrid and electric range.

Mobilize Financial Services (MFS) Ireland, Renault Group’s in house bank, lent €22 million in February. This is now €52 million YTD which is up €9 million versus the same period last year. This has been driven by an increase in Renault Group’s market share, a strong performance on LCV with over €20 million lent to SME and business customers and an increase in the mix of their PCP business which has been bolstered by the introduction of more flexible terms to customer agreements. 

MFS Ireland will not increase the customer interest rate for the remainder of Q1 despite the recent ECB interest rate increases.