LONDON - Renault, which may is, is one few European automakers yet to see slowing down in the sales, but a bald prospect for die achievement of nissan motor in the United States, die its portions, die are sent on Friday dip.
The French car manufacturer reported that its world-wide sales grew by 2.2% in 2007, to 2,5 million carriers, led by demand in emerging markets in South America, Eastern Europe and Russia.
Although sales within Western Europe by 4.1% slipped, it became through growth 16,5% in rest its markets in an educated manner, die now fair more over a Third of total sales to explain.
Kw_ahead until 2008 looking, forecast itself company the increase 10,0% in the sales, like it prepared, nine new of models more over the year and die ramp up production in India to discharge in Brazil and in Iran.
Nevertheless Renault ( other otc: RSNDY -
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people ) dipped on Friday to the end down 7,6%, with 86.45 euro ($127.64) in Paris, below index of the Dow Jones euro STOXX, which terminated week down the 5,7%. Portions to nissan motor ( nasdaq: NSANY -
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people ), in which it possesses a bar 44,0%, and with which it divides its chief main leaders, Carlos Ghosn dropped, to the end down 9,2% or to 113 Yen ($1.04), to 1,117 Yen ($10.29) into the Tokyo of over interests over die effect, a die slowing down in United States the economy on its sales would have. Of all Japanese car manufacturers, nissan motor and Honda Motor ( nyse: HMC -
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people ) you are on United States market for their profits dependent, although Honda one expects, over to the better more weather able zuSEIN die troubles. On North American said division Thursday Nissans, Decembers unit sales by 2.4% slipped, to 89.555.
Fresh sense of the niedergeschlagenheit is afraid over United States a recession, after the release more badly than expected pay roll data, added that.
Within Europe Renault of one of the best accomplishing car manufacturers was and one largest increases car of the adjustments in Europe in November, along noted with Bavarian engines of works ( other otc: BAMXF -
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people ) contrast and in sharp to the companies as Volkswagen ( other otc: VLKAF -
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people ), GR. ( nyse: GR. -
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people )and ford motor ( nyse: F -
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people ). ( See: ” BMW, Renault Dollar Car tendency in Europe”)
Nomura analysts Michael Tyndall said, which die product introduction of the new products, which new Twingo and the new Laguna were out including, die rolled over Europe in second the yearly half die drove sales in 2007., which looks forward, while die strong piping of the new products up-loads certainly sales, analysts is still carefully over, as it affects results. “its thing to that sell lots cars and others, in order to form Lose from the profits to,” remaked Tyndall.
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