France's Renault reports record sales in 2010 -

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France's Renault reports record sales in 2010,[link widoczny dla zalogowanych]
Renault,[link widoczny dla zalogowanych], France's second biggest carmaker,[link widoczny dla zalogowanych], on Monday announced high sales of its brands last year thanks to resilient demands mainly in booming Asian markets.In a statement released on its website,[link widoczny dla zalogowanych], the French carmaker saw its sales grow by 14 percent last year compared with 2009 performance after providing world markets with 2.6 million vehicles.
"We are delighted with the new sales record set by the group in 2010, breaking our standing record from 2005. We are making progress in all regions and pursuing our international offensive. All the group's brands are contributing to this momentum,[link widoczny dla zalogowanych]," said Jerome Stoll, the company's executive vice president for sales and marketing.
Demand of emerging markets rose by 26 percent, where the French firm sold 983,000 units,[link widoczny dla zalogowanych], prompting a 19.4 percent growth in those countries,[link widoczny dla zalogowanych], according to Renault.In Europe, Renault increased its sales to boost its share market by 1.1 percentage points. European countries absorbed 1.642 million cars,[link widoczny dla zalogowanych], up 7.4 percent from 2009.
The country's leading carmaker expects to maintain growth this year,[link widoczny dla zalogowanych], betting on more than 4 percent growth in the global market."With the global market in 2011 expected to grow by more than 4 percent over 2010,[link widoczny dla zalogowanych], the group will pursue its growth on buoyant markets outside Europe,[link widoczny dla zalogowanych]," Stoll said.
"In 2011 we will be pursuing two main thrusts: to step up our international expansion through all the brands and to launch our range of electric vehicles in the second half of the year," he added.Renault's net income stood at 823 million euros (1.06 billion U.S. dollars) for the first six months of 2010 after falling by 2.7 billion euros (3.49 billion dollars) over the same period in 2009 due to a recession which clouded the automobile sector.
Visiting Chinese Vice Premier Li Keqiang met with British Prime Minister David Cameron on Monday afternoon to discuss bilateral ties.The meeting was held at No. 10 Downing Street,[link widoczny dla zalogowanych], official residence and office of the prime minister, and lasted about one hour.The development of Sino-British relations has kept a good momentum since Britain's coalition government took office. The new British government has continued to pursue a positive China policy,[link widoczny dla zalogowanych], and bilateral relations have achieved a smooth transition and sustainable development.
China and Britain have maintained close high-level contacts and deepened their strategic mutual trust.In November 2010, Prime Minister Cameron led the largest-ever British delegation to China,[link widoczny dla zalogowanych], and leaders of both countries reached important consensus on further enhancing mutual political trust and promoting cooperation in various fields.
Economic and trade cooperation between Britain and China has been booming. Bilateral trade reached 40.2 billion U.S. dollars between January and October last year, an increase of 30 percent over the same period of 2009 and also a record high for the same period.Li,[link widoczny dla zalogowanych], who arrived here on Monday,[link widoczny dla zalogowanych], met with Deputy Prime Minister Nick Clegg earlier in the afternoon. He is also expected to meet with Chancellor of the Exchequer George Osborne and Foreign Secretary William Hague.Britain is the last leg of Li's three-nation European tour,[link widoczny dla zalogowanych], which has already taken him to Spain and Germany.
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