First details of new Renault concept and Dacia crossover coming this week

The Renault Group will continue to expand its line-up, both in Europe and overseas, in the coming years as it seeks to continue its growth – and will outline its strategy for doing that next month. The French firm has enjoyed a notable turnaround in the last four years under the ‘Renaulution’ strategy laid out by former CEO Luca de Meo. That plan involved expanding its affordable EV line-up with the 5, 4 and Twingo while also expanding its range of C-segment ICE cars, particularly SUVs. The Renault Group continued to grow its vehicle sales and revenue last year, helped by the expansion into new markets both in Europe and in international markets – and it has targeted continued growth in the medium terms. But CEO François Provost has insisted that the firm won't simply chase volume. Asked by Autocar whether that planned volume growth would come from expanding share in existing markets or further line-up expansion, Provost said: “Both. We have a very fresh, very appealing line-up and we expect to grow [sales] this year and in the following years. At the same time, we extend our line-up: for instance, we will, I hope, rebound in the small A-segment market in Europe with the Twingo. So we intend to grow on both sides. “Most important is that we will continue to focus on value over volume. Do not expect us to push to say that we will increase the base and give priority to volumes. This is not our way. “Outside Europe, we also plan to grow, and we will also grow both ways. For instance, India will be a key priority for the next mid-term plan. We have our small car presence, but we decided to relaunch [the Renault] Duster in the C-segment in India, which is biggest-growing segment in India and our main priority, and we will launch several C-segments car in India in the course of the next mid-term strategy.” Provost indicated that the firm would maintain the rate of new car launches in Europe, while accelerating its model growth elsewhere. He added: "During our strategy day, the main focus will be about products: our product ambition, our brand ambition." Provost, who became CEO in July last year, pledged that his priority was to continue de Meo’s approach of investing in new products and bringing them to market faster. In particular, the A-segment Twingo has been developed in just 21 months, with the firm citing it as an example of how it is trying to catch Chinese rivals in development time. While releasing the Renault Group’s financial results, Provost confirmed that it will hold a Strategy Day on 10 March, in which it will set out its “strategic roadmap” for the medium term. Revenues rise but operating margin dips The Renault Group's revenue rose 3% from 2024 to €57.9 billion in 2025, aided by growth in automotive revenue driven by the launch of several key new models. But the firm’s operating profits dropped from €4.263 million in 2024 to €3.632m. That gave the company an operating margin of 6.3% of revenue, compared with 7.6% in the previous year. While some of that decline was attributed to foreign currency exchange, notably the decline of the Argentinian peso, Renault noted that it was also impacted by pricing costs – especially in Europe, due to the impact of “increased commercial pressure”, particularly from Chinese rivals. The Group was also impacted by a decline in commercial vehicle sales. The Group expects its operating margin to dip further in 2026, to around 5.5%, although it has targeted growing that in the future. A key part of that will be through cost reduction: the firm aims to lower the cost of each vehicle by around €400 and to further shorten development times to match Chinese rivals.

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First details of new Renault concept and Dacia crossover coming this week

French firm will also announce next future-looking strategy on 10 March, named Futuready

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First details of new Renault concept and Dacia crossover coming this week

French firm will also announce next future-looking strategy on 10 March, named Futuready

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