By Nathan Allen

Renault SA (RNO.FR) said Tuesday that vehicle sales in the first half fell, while its global market share remained stable.

The French auto maker said it sold 1.9 million vehicles in the January-June period, down 6.7% on year, compared with a 7.1% decline in the global auto market.

Registrations in Europe were largely stable but the group was hit by a sharp drop in demand in Turkey and Argentina.

Looking ahead, Renault said the global auto market is set to decline, although the European market should be stable.

Renault expects a decline of between 2% and 3% in the Russian market and growth of around 8% in Brazil.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

July 16, 2019 04:06 ET (08:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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