Renault has seen sales rise by almost 5%Reuters

French vehicle manufacturer Renault saw sales increase 4.7% over the first half of 2014, compared with the first six months of last year.

Renault said it had sold nearly 1.4 million vehicles worldwide by the end of June 2014.

In addition to steady growth in emerging markets the last six months saw its European sales, excluding France, increase by an impressive 18%; sales in its home market rose 12.5%.

Jérôme Stoll, chief performance officer and executive vice-president, sales and marketing, said: "In the first half of 2014, Renault brand sales in Europe were up, thanks to Clio and Captur. Dacia is the fastest growing brand in the Region.

"As a result, Renault is able to diminish the impact of the decline in our main emerging markets and to maintain the Group's positive momentum."

Sales in Asia Pacific were down by 12.1% for the brand, whilst in Euromed-Africa they took a steep drop of 15.2%.

Shares for Renault have been consistently rising in value over the past year. In July, 2013, the price of its stock stood at 55.63p. This morning its shares were trading at 72.36p.