Renault Heads A Declining Market

October 2006 | BMI View

In terms of both production and sales, Renault dominates the Slovenian automotive sector. Local Renault subsidiary Revoz, Slovenia's sole car manufacturing plant, manufactured 84,749 cars in H106, a drop of 10.7% year-on-year (y-o-y). The plant, which produces Clio models, is nevertheless operating at around 20.7% above installed capacity. The decline in Revoz output has prompted Business Monitor International (BMI) to re-evaluate its production forecasts. In the previous quarter's report, we forecast year-end output at 179,000 units, a rise of around 0.6% y-o-y. However, we now forecast a 3.4% fall in output to 172,000 units, based on trends in the first

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