Renault Targets 36 New Models, 7% Operating Margin

The plan includes launching 36 new models, with 22 designated for Europe (16 of which will be electric) and 14 for international markets. By 2030, the Renault brand targets annual sales exceeding 2 million vehicles, with half of these sales occurring outside Europe.

Furthermore, the company aims for 100% electrified sales in Europe and 50% outside Europe. Operationally, Renault seeks to compete with Chinese manufacturers on cost and speed, targeting a 2-year product development cycle, a 20% reduction in production costs, and a 25% cut in energy consumption.

Financially, the group projects a medium-term operating margin of 5% to 7% of revenue and an average annual Automotive free cash flow of at least 1.5 billion euros. The strategy also emphasizes reinforcing partnerships, with India becoming a key production and supply hub, and plans to build over 300,000 vehicles for five manufacturers across three continents.