Renault Group Accelerates in the First Half of 2026 with €30.25 Billion in Revenue

Renault Group Confirms Strong Growth Trajectory

Renault Group has reaffirmed the strength of its growth trajectory. The French automobile manufacturer achieved a revenue of €30.252 billion in the first half of 2026, marking a 9.5% increase year-over-year and a 10.3% rise at constant exchange rates.

Despite a challenging environment characterized by rising costs, geopolitical tensions, and intense competition, the group managed to enhance its performance while maintaining its financial goals for the entire year.

Growth Driven by Automotive and Mobilize

The automotive segment remains the primary contributor to the group’s revenues, with sales reaching €26.8 billion, an increase of 9.3%. Meanwhile, Mobilize Financial Services continues to grow, generating €3.4 billion in revenue, reflecting an 11% increase.

The financial subsidiary is increasingly significant to Renault Group’s results, with its contribution to operating margin now approaching that of the automotive sector.

The group’s operating margin stood at €1.567 billion, representing 5.2% of total revenue. The automotive division contributed €814 million, compared to €753 million from Mobilize Financial Services.

Net profit for the period amounted to €721 million, rebounding from a loss recorded the previous year, which was notably impacted by accounting changes related to Nissan.

A Strong Financial Position

Renault Group maintains a solid financial structure. The automotive segment generated a free cash flow of €653 million in the first half of the year, despite incurring €200 million in restructuring expenses and facing challenges in working capital.

The net financial position of the automotive segment reached €6.57 billion, while liquidity reserves totaled €17.7 billion.

These results come amid nearly stable global volumes. Registrations dipped slightly by 0.4%, but Renault offset this trend with a better product mix, increased sales through its partners, and a pricing strategy adapted to various markets.

Partnerships as a Growth Driver

Sales through partnerships contributed 5.9 points to revenue growth. The integration of Renault Nissan Automotive India Private Ltd, consolidated since August 2025, generated approximately €380 million in revenue.

Cooperation with Geely in Brazil is also seen as a development relay, especially with local production set to begin.

The product mix contributed 3.2 points to revenue growth, with Renault benefiting from the success of its electrified models, as well as an increased average price from the transition between the Clio V and the new Clio VI, alongside strong performances from the Master.

Price effects positively impacted results, contributing 0.9 points despite persistent commercial pressure in the European market.

Electrification as a Growth Reliever

One of the major takeaways from the first half of 2026 is the acceleration of electrification. In Europe, 52% of the passenger cars sold by Renault Group were electrified during the first six months of 2026, an increase of 8.2 points year-over-year.

Sales of fully electric vehicles skyrocketed by 47.6%, now accounting for 18.8% of European volumes.

Hybrid vehicles continue to gain ground, representing nearly one-third of the group’s sales across various brands, including Renault, Dacia, and Alpine.

Renault remains the second-largest brand in Europe for both passenger and utility vehicles, as well as in the segments for electric and hybrid vehicles.

Dacia is also making strides, now among the Top 10 in European passenger vehicle sales. The Sandero continues to hold a leading position as the most sold passenger vehicle in Europe across all channels.

Alpine has posted notable growth as well, with sales increasing by 69.1% year-over-year.

Morocco Among Strongly Growing Markets

Renault Group’s commercial dynamics also extend beyond the European market, with several international markets showing significant progression in the first half of the year.

Sales grew by 61.2% in India, 15.4% in Turkey, 13.7% in Morocco, and 5.3% in Brazil.

Morocco highlights its importance in the manufacturer’s international strategy with double-digit sales growth in the first six months of the year.

The order book remains well-oriented, representing 2.1 months’ worth of projected sales in Europe, with stock levels at 546,000 vehicles at the end of June.

Renault Maintains Its Targets for 2026

Despite ongoing uncertainties in the automotive sector, Renault Group is holding firm to its financial targets for 2026.

The manufacturer aims for an operating margin of approximately 5.5% and an automotive free cash flow close to €1 billion.

To support this trajectory, the group is advancing its "futuREady" plan, which includes a target of reducing variable costs by about €400 per vehicle, while keeping fixed costs stable.

In the first half of the year, measures already implemented led to cost reductions of €184 million, helping offset some inflation related to raw materials.

Product Renewals to Boost Second Half

Renault Group also plans to accelerate the renewal of its product lines. The goal is to reduce the vehicle design cycle to two years, gradually establishing it as a new industrial standard.

The second half of 2026 is set to feature several major launches. Following the arrival of the Clio VI, the electric Twingo E-Tech, as well as the Boreal and Duster models in various markets, the group is preparing to launch the Niagara, the new Mégane E-Tech, the Dacia Striker, the hybrid Sandero, and the new Spring.

Renault also expects to begin production of the Trafic Van E-Tech, heralded as its first Software Defined Vehicle developed in Europe.

Mobilize Financial Services Confirms Its Strategic Role

Mobilize Financial Services has become one of the key pillars of Renault Group’s performance. The subsidiary reported revenue of €3.446 billion in the first half of the year, an 11% increase year-over-year.

Its operating margin reached €753 million, nearly matching the €814 million generated by the automotive division.

This performance is driven by growth in financing for both individuals and businesses and improved contract profitability.

Mobilize Financial Services also paid €250 million in dividends to Renault Group in the first half, up from €150 million a year earlier.

As such, the subsidiary serves as a genuine lever for profitability and cash generation, enabling the manufacturer to better support its investments in electrification, embedded software, and product renewals.

Renault Continues Its Transformation

With over €30 billion in revenue during the first half of 2026, improved profitability, and a solid financial position, Renault Group approaches the second half of the year with strengthened fundamentals.

The rise of electrified vehicles, development in international markets, the growing contribution of Mobilize Financial Services, and the introduction of numerous new models are key to the group’s continued transformation.

The "futuREady" strategy now aims to combine growth, cost management, and technological acceleration, with the goal of making Renault Group more profitable and better equipped to navigate the profound changes in the automotive sector.