Cookie Consent by Free Privacy Policy website 1st quarter 2022 - A performing commercial policy strengthened by a profound line-up renewal
aprile 22, 2022 - renault.group

1st quarter 2022 - A performing commercial policy strengthened by a profound line-up renewal

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  • The Group's global sales amounted to 552,000 vehicles in the 1st quarter of 2022, in a still very disrupted market context.
  • Group revenue was € 9.7 billion for the quarter, down -2.7% (-0.7% at constant scope and exchange rates).
  • Renault Group is pursuing its sales policy launched in the 3rd quarter of 2020 and focused on value:
  • The Group's order book in Europe at the end of March was at a 15-year high and represented 3.9 months of sales.
  • This commercial policy is reinforced by the success of its new products, which enables Renault Group to strengthen its leadership in hybrid and electric mobility:
    • Renault Arkana recorded more than 9,000 orders per month in the 1st quarter, 60% on E-TECH version and 60% on the retail channel.
    • Renault Megane E-TECH Electric is experiencing a promising launch with more than 10,000 orders in two months, 70% on high versions.
    • Dacia Sandero remains the best-selling vehicle to retail customers in Europe.
    • With more than 9,000 sales in Europe and 20,500 orders recorded in the 1st quarter, Dacia Spring 100% electric is the 2nd best-selling electric vehicle in France.
    • New Jogger promises to be a new success of the Dacia brand with 36,500 orders in 4 months and a 70% mix on high versions in Europe.
    • The E-TECH line-up (100% electric, plug-in hybrid and hybrid vehicles) accounted for 36% of Renault brand passenger car sales in Europe over the quarter, up 13 points compared to the 1st quarter of 2021.
  • The Group is strengthening its competitiveness with additional cost reduction programs.
  • Renault Group confirms its financial outlook as announced on March 23, 2022.
  • Renault Group will present, at a Capital Market Day in the fall of 2022, an update of its financial objectives and of its strategy positioning the Group as a competitive, tech and sustainable reference player.

"Value creation is at the heart of Renault Group's strategy and is reflected in the activity of the 1st quarter of 2022. Our sales on the most profitable channels continue to grow and the Group's proactive commercial policy deployed since mid-2020 is bearing fruit. In addition, the E-TECH line-up is becoming more and more successful. The order book, at a record level, is strengthening and benefiting from our promising and competitive line-up of new vehicles.
In a market environment severely disrupted by the conflict in Ukraine, the semiconductor crisis and inflation, Renault Group is continuing its recovery and accelerating the implementation of its strategy." said Thierry Piéton, Chief Financial Officer of Renault Group

Further information in the press release to download