DETROIT -- The Renault-Nissan alliance notched record sales of 8.03 million units globally in 2011, CEO Carlos Ghosn said. He predicted another record year in 2012.
Nissan deliveries jumped 14 percent to 4.67 million cars and light trucks, while Renault's sales rose 4.6 percent to 2.72 million. AvtoVAZ, in which the French automaker holds a 25 percent stake, recorded 630,000 sales, Ghosn said at the Automotive News World Congress here on Tuesday.
"Partnerships are key to regional growth and a key reason the alliance achieved a new sales record," Ghosn said.
The 2011 sales total is up 10 percent from the previous year, a Nissan spokesman said.
"I'm foreseeing another record for the alliance in 2012," Ghosn said.
While economic distress casts doubt on European demand, Ghosn said he still expects Renault and AvtoVAZ to eke out better sales this year. He predicted Nissan also will see healthy expansion.
Ghosn's confirmation that his alliance has crossed the 8 million mark came as Sergio Marchionne, CEO of Fiat S.p.A. and Chrysler Group, told reporters in Detroit that he thinks an automaker needs volume of at least 8 million vehicles annually to create sufficient auto-making efficiencies.