Car market has huge growth potential according to Renault

Renault's strategy assumes that the company's global sales will increase by 800,000 cars by 2009. "We would like sales in Poland to increase from 25,000 to 35,000 within that period," declared Renault Polska president Olivier Murguet. "In terms of car sales, Poland is in the 22nd place in the world, while Spain is 8th. Both countries are of a similar size which means that there is a possibility to increase sales in Poland," added Murguet. Meanwhile, Renault along with other car companies have suffered during the crisis in the Polish market. In 2005, the company sold 16,240 passenger cars, which marks a decrease of 45.6%. The fall in sales resulted in the company's zero profitability in 2005. "Our aim is not the second or the sixth position in the ratings. We certainly want to stabilize sales and achieve the sales level from last year. However, our most important task now is the protection of the company's profitability," declared Murguet. (Puls Biznesu, p. 10) E.B.