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Home » Economy » Renault Boasts ‘Good’ Commercial Performance in Morocco in 2023

Renault Boasts ‘Good’ Commercial Performance in Morocco in 2023

French automobile manufacturer Renault put in “good” commercial performance in Morocco in the first half of 2023, by selling nearly 13,500 vehicles by the end of June.

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Jul, 10, 2023
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Renault Boasts ‘Good’ Commercial Performance in Morocco in 2023

Renault Boasts ‘Good’ Commercial Performance in Morocco in 2023

French automobile manufacturer Renault put in “good” commercial performance in Morocco in the first half of 2023, by selling nearly 13,500 vehicles by the end of June.

According to a press release from Renault Morocco, the company strengthened its position on the national market, where it had a 16.6% market share at the end of June, 1.1 points more than in the first half of 2022, and an 18% market share for the entire month of June.

The same source added that at the end of June, the Express 1 and Clio 5 were two of its top-selling vehicles across all categories on the Moroccan market.

By the end of June 2023, the Renault Express had sold over 6,500 vehicles and held an over 72.4% market share. 

On the other hand, the Clio recorded more than 3,500 sales and had a 21.7% segment share, placing it third in its market and second for the month of June alone.

The Megane maintained its top spot in the C hatchback segment by the end of June with 642 vehicles sold and a segment share of 21.4%. 

With 548 units sold and a 17% segment share at the end of June, the Captur is ranked second in the B segment Sport Utility Vehicle (SUV) market.

The first half of the year also saw the arrival of full hybrid and 100% electric Renault E-Tech technologies in Morocco. 

Since June 21, the Renault Arkana has been accessible through the company’s network in Morocco. By 2025, the brand plans to introduce seven E-Tech vehicles.

By 2024, the Renault Austral, a full hybrid vehicle, and the Renault Megane E-Tech, which is 100% electric, will have joined the Arkana.

Thanks to its three key models – the Express Van, Master, and Trafic – Renault further solidified its position as a global leader in commercial vehicles, holding a 22.2% market share.

In the first quarter of 2023, Morocco was named the largest market for the Renault Group with over 14,000 units sold, the company’s quarterly financial statement indicated.

The group held a commanding 38% market share. The country was ranked 11th out of 15 global markets on the French group’s list, according to the same source.

Read also: Renault Group’s Two Morocco Factories Produced 350,000 Vehicles in 2022

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