Renault: turnover up, despite sales falling in the third quarter
To increase this turnover, Renault Group can count on the vehicles it builds for or with others, such as the Chinese Geely in Brazil.
The French car manufacturer Renault Group saw its turnover increase by 1.5% in the third quarter, thanks in part to vehicles assembled for partners, while sales of its brands fell by 6.0%, it announced on Thursday. With this turnover of 11.596 billion euros, the group confirmed its financial forecasts for the 2026 financial year, praising in a press release “its resilience in a very competitive environment” and “a renewed and increasingly electrified range”. To increase this turnover, Renault Group can count on the vehicles it builds for or with others, such as the Chinese Geely in Brazil.
The effect of integrating the Renault Nissan Automotive India Private joint venture into its accounts in August 2025 (therefore three months in the 3rd quarter of 2026, compared to two in the 3rd quarter of 2025) also counts. This contributes +4.9 points to the year-on-year variation in turnover. “Over the first nine months of 2026, Renault Group sold 1.662 million vehicles” The “product mix” (weight of the different models among sales) contributes +2.3 points, more than the “price effect” (price of vehicles sold), with +1.1 point and the “geographic mix” (distribution of sales by country), with +0.5 point, improved thanks to the good performance of France and Germany, the group's first and fourth markets.
Renault Group has replenished the stocks of Retail Renault Group, which sells new and used vehicles, “particularly low at the end of June”. This contributes negatively to turnover (-3.1 points). Finally, the sales financing activity for customers also contributes to the increase in turnover which, without it, would be stable in the third quarter.
“Over the first nine months of 2026, Renault Group sold 1.662 million vehicles, down slightly by 2.2% compared to the previous year,” he said. For the third quarter alone, he noted “contrasting dynamics depending on the regions and brands”. “Sales of the Renault brand fell by 2.9%, with an increase of 4.6% in Europe.”
This, the second best-selling on the continent after Volkswagen, represents 71% of the Renault Group total. Dacia, which represents 28% of the group's sales, saw its sales fall "by 12.8%", a decline accentuated by a high comparison base in the third quarter of 2025.
Machine-translated from French
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- Le Figaro29 Oct, 08:16
| Publisher Le Figaro (established tier) | +76 |
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