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UPDATE 1-Renault Q3 sales rose 15.9 pct, company maintains outlook

* Renault raises forecast for global car market

* Renault keeps its financial outlook

* Q3 sales up 15.9 pct to 12.22 bln euros (Adds detail, background)

PARIS, Oct 24 (Reuters) - French carmaker Renault posted a 15.9 percent increase in third quarter sales, and raised its forecast for growth in the global autos market while maintaining the company's own outlook for higher 2017 profits and revenues.

Renault said it was increasing its forecast for growth in 2017 in the global market to 2-3 percent, compared to a previous forecast for growth between 1.5-2.5 percent.

Renault added it expected the French market to expand by around 4 percent in 2017, compared to a previous forecast for growth of some 2 percent in France, and it also upgraded its forecasts for growth in Russia and Brazil.

Renault, whose Japanese partner Nissan said this month that it was suspending domestic production of vehicles for the Japanese market for at least two weeks, posted third quarter revenues of 12.22 billion euros ($14.4 billion).

Analysts polled by Inquiry Financial for Reuters had given a median forecast for third quarter sales of 12.1 billion euros.

Turnover was boosted by growth in the Americas, Europe and Asia, and by solid sales of car models such as 'ZOE' and Dacia.

Renault said this month that its position in the electric cars sector, and in making a wider range of vehicles for emerging markets, should help it deliver a 44 percent sales increase by 2022.

The Renault-Nissan alliance has also pledged to double savings to 10 billion euros by 2022.

($1 = 0.8501 euros) (Reporting by Gilles Guillaume; Editing by Sudip Kar-Gupta)