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Renault Sees 7-9% Drop in 2010 Car Sales in Europe, Figaro Says

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Sept. 20 (Bloomberg) -- Renault SA sees a drop of 7 percent to 9 percent in car sales this year in Europe and a “siginificant” decline in 2011, Le Figaro reported, citing Patrick Pelata, the company’s deputy chief executive officer.

The company sees strong growth in markets outside of Europe, including Turkey, Brazil and Russia, the newspaper cited Pelata as saying. Renault expects to sell 2.5 million cars this year, up from 2.3 million in 2009, the daily said.

If the current trends continue, countries outside Europe may represent 50 percent of total sales in 2013 from 40 percent now and 11 percent in 1999, the executive was quoted as saying.

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To contact the editor responsible for this story: Vidya Root at vroot@bloomberg.net

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