January 21, 2014 / 12:42 PM / in 4 years

Renault sales buck Europe slump, gain in emerging markets

PARIS (Reuters) - Renault’s (RENA.PA) global sales rose 3.1 percent to 2.63 million vehicles in 2013, the French carmaker said on Tuesday, buoyed by gains in Russia and emerging markets.

A worker cleans a Renault car at the European Motor Show in Brussels January 14, 2014. REUTERS/Francois Lenoir

The company, based in the Paris suburb of Boulogne-Billancourt, said deliveries rose a more modest 2.4 percent in Europe, increasing its share of a shrinking market for cars and light trucks.

Renault also posted a 10.7 percent sales increase in Russia and advances in other emerging markets, powered by new low-cost models for its budget Dacia brand.

Reporting by Gilles Guillaume and Laurence Frost; Editing by James Regan

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