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Renault Trucks Records Significant Business Growth

Renault Trucks Business Growth

In 2021, Renault Trucks has recorded significant business growth, with a total of 51,460 vehicles invoiced in a dynamic market. 

Renault Trucks 2021 Sales Result

At the end of a year marked by a general recovery in economic activity and strong demand in commercial vehicle markets, Renault Trucks recorded a 25 per cent increase to 51,460 vehicles in its total invoicing, despite the disruption to supplies to its production lines. Renault Trucks also recorded a 44 per cent increase in its order intake. In Europe, Renault Trucks also confirmed its good results, with a 41 per cent increase in invoicing in the market for vehicles over 6 tons and increased activity in all its markets. In France, the manufacturer now boasts a ten-year high market share of 29.8 per cent. The brand performed particularly well in Poland, with an 89 per cent increase and the UK 56 per cent.

The manufacturer also recorded steady growth in the penetration of its service agreements, which accompanied 45 per cent of its vehicle sales in 2021. In the over 16t segment, registrations rose by 20.7 per cent, enabling Renault Trucks to stabilise its market share at 8.8 per cent. Renault Trucks is keeping pace with the 6-16t market, with its share up 0.7 points to 7.3 per cent and registrations increasing by 11 per cent. On the LCV market, Renault Trucks invoicing rose by 20 per cent, with significant increases in the Netherlands by 57 per cent, Belgium and the UK 20 per cent, Central Europe and Italy 45 per cent.

Renault Trucks recorded a 15 per cent rise in invoicing and a 7 per cent increase in orders. The brand has also experienced an increase in the penetration of its maintenance agreements, which accompanied 30 per cent of vehicle sales. 2021 was marked by an increase in Renault Trucks market share in all its regions. The manufacturer made its best progress in Turkey, with a market share of 6.7 per cent, the highest for 17 years, and achieved an impressive 8 per cent in the Middle East. In Africa, Latin America and Asia, Renault Trucks achieved a market share of 16 per cent, with remarkable performances in Chile, Morocco and Indonesia.

In 2021, demand for used trucks remained very high in a market boosted by the upturn in activity and a shortage of new vehicles due to disruptions to production. Renault Trucks invoiced 13 per cent fewer vehicles than in 2020, due to a historically low stock level of under 1,000 vehicles. In 2021, Renault Trucks continued its investment in the circular economy, converting 300 vehicles at its Used Trucks Factory in Bourg-en-Bresse and launching a limited series of used T Robust 13 L tractors designed to last at least 1 million km.

For several years now, Renault Trucks range of electric trucks has been constantly expanding and its sales volumes reflect this rapid progress. In 2021, 249 electric trucks were delivered and 613 were ordered. In an European market where volumes remain modest, the manufacturer’s share stands at 17 per cent. Renault Trucks is stepping up its strategy with increased ambitions.

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