All these efforts will strengthen Group’s resilience and lower its break-even point by 30 per cent by 2023.
This new value-driven organisation and product offensive will drive a better pricing and product mix.
Renault, La nouvelle Vague
The brand will embody modernity and innovation within and beyond the automotive industry in energy, tech and mobility services, for example.
As part of its strategy, the brand will lift up its segment mix with a C-segment offensive and will strengthen its positions in Europe, while focusing on profitable segments and channels in key markets such as Latin America and Russia.
The brand will lean on our powerful assets:
Dacia-Lada, Tout. Simplement
Dacia, will stay Dacia with a touch of coolness, and Lada, still rough and tough, will continue to offer affordable products, based on proven technologies targeting smart buyers, while breaking the C-segment glass ceiling.
Alpine will combine Alpine cars, Renault Sport Cars and Renault Sport Racing into a fully-fledged, new lean and smart entity, dedicated to developing exclusive and innovative sportscars.
Mobilize, Beyond automotive
This new business unit aims at developing new profit pools from data, mobility and energy-related services for the benefit of vehicle users and to generate more than 20 per cent of group revenues by 2030.
Mobilize will enable Groupe Renault to jump faster into the new world of mobility, providing solutions and services to the other brands and external partners.
This plan will be presented to employee representative bodies in accordance with applicable regulations.
The presentation is available on www.groupe.renault.com or you can visit for more information the dedicated website renaulution.com.
About Groupe Renault
Groupe Renault is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Groupe Renault comprises 5 complementary brands - Renault, Dacia, LADA, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. Established in more than 130 countries, it currently employs more than 180,000 people and has sold 2,9 million vehicles in 2020.
Ready to pursue challenges both on the road and in competition, Groupe Renault is committed to an ambitious transformation that will generate value. This is centered on the development of new technologies and services, and a new range of even more competitive, balanced and electrified vehicles. In line with environmental challenges, the Group’s ambition is to achieve carbon neutrality in Europe by 2050.
Astrid DE LATUDE
Corporate Press Officer
+33 (0)6 25 63 22 08
 The 2o22 plan of reducing fixed costs by more than 2 billion euros over 3 years was presented on May 29, 2020.
 Automotive operational free cash flow: cash flows after interest and tax (excluding dividends received from publicly listed companies) minus tangible and intangible investments net of disposals +/- change in the working capital requirement
 ROCE= Auto Operating Profit (incl. AVTOVAZ) * (1- average tax rate) / (PP&E + intangible assets + financial assets - investments in RCI/Nissan/ Daimler + WCR)
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