Renault Group 2024 H1 sales results: Renault Group continues to
grow thanks to its complementary brands
PRESS RELEASE
18 July 2024 |
20240718_Press Release_Renault Group_2024 H1 Sales
results
RENAULT GROUP CONTINUES TO GROW
THANKS TO ITS COMPLEMENTARY BRANDS
- Thanks
to a winning strategy in Europe1
(+6.7%), Renault Group continues to record an increase in
its overall sales in the first half of the year (+1.9%) to reach
1,154,700 vehicles sold.
- In
Europe, the Group consolidated its third
place, selling 847,623 vehicles, an increase of 6.7% in a
market that grew by 5.5%.
- The
Renault brand is outperforming the market with 535,238
vehicles sold, a rise of 8.2% in a market that grew by 5.5%, third
brand in Europe and number one in France (PC+LCV). The growth in
passenger cars is based on the very strong performance of full
hybrid E-Tech engines (+45% vs. H1 2023). In the light commercial
vehicle market, Renault is once again the leader2 with
171,202 sales (+19.2% vs. H1 2023).
- The
Dacia brand sold 309,816 vehicles, a rise of 4.0% on H1
2023. It continues to rank among the top 10 best-selling brands in
Europe. Sandero is the best-selling car across all channels.
- The
Alpine brand reported 2,569 registrations in first-half
2024, an increase of 47.7% on H1 2023, driven by the success of its
extended range with A110 R Turini.
- A proven
commercial policy : virtuous mix and sales
channels.
- Retail
sales accounted for almost 62% of the total number of
vehicles sold in the Group’s five main European
countries3, more than 20 points above the market
average. The Group has four vehicles4
in the top 10 retail sales rankings in Europe.
- In the C
segment and above, in particular C-SUV and D-SUV (+10%),
the Renault brand is accelerating, driven primarily by Austral and
Espace E-Tech full hybrid, which high-trim versions are
well-appreciated by the customers.
-
Electrified vehicles accounted for 29.6% of Renault Group
sales in Europe (+4.3 points vs 2023). This performance
was driven in particular by the success of the hybrid powertrains,
whose sales strongly increased (+59.6% compared to first-half
2023).
- Nearly one in
every two passenger cars sold by the Renault brand is electrified
thanks to the strong success of its hybrid engines. Renault is
Europe's number two brand in the hybrid passenger car rankings,
with Clio, Austral and Captur in the top 10.
- All-electric
vehicles accounted for almost 12% of Renault brand sales and will
continue to grow in the second half of the year with the launch of
Scenic E-Tech electric and Renault 5 E-Tech electric.
- Nearly 10% of
Dacia brand sales concern electrified vehicles, driven in
particular by the success of Jogger Hybrid 140.
- Alpine has
launched its electric offensive with the reveal of A290, its first
all-electric hot hatch, on 13 June 2024. Orders are scheduled to
open this summer.
- The
Group's order book in Europe
represents 2.6 months of forecast sales at the end of June
2024.
- With 10
new commercial launches5
in 2024, Renault Group pursues its
electrification, as well as its expansion into international
markets.
Boulogne-Billancourt, 18 July
2024
Renault brand
The world’s best-selling French car
brand
The Renault brand reported a 2.0% increase in
sales (787,223 vehicles) in first-half of 2024 compared with the
same period in 2023, thanks to its success in Europe, where sales
rose by 8.2% (535,238 vehicles). Outperforming a market that grew
by 5.5%, the brand consolidated its position as Europe's
third-ranking PC+LCV brand, primarily on the back of results in
Spain (+12.7%), Italy (+18.4%) and the United Kingdom (+32.7%).
In its home market of France, Renault
consolidated its leading position with 214,881 vehicles sold, an
increase of 8% on the overall PC+LCV market. Nearly one in every
five vehicles sold in France is a Renault.
Outside Europe, the brand is also making
progress in Turkey (10.8%), Brazil (5.3%) and Morocco (1.5%). The
first few months of the year saw the roll-out of the “International
Game Plan 2027”. Renault is relaunching the brand in South Korea
with Grand Koleos, while Kardian is off to a good start in Brazil
with more than 5,200 registrations. This vehicle has also been very
well received in Mexico and will be launched in Morocco in the
second half of the year. In Turkey, the brand recently presented
Renault Duster, which will be launched in the second half of the
year for international markets.
A value-oriented sales policy: one in
every two sales to retail customers in Europe, combined with an
acceleration on C segment and above
In its five main European countries, the Renault
brand makes one in every two sales to retail customers, a high
value-creating market. Clio and Captur are among the top 10 in the
retail sales rankings.
Renault is also stepping up efforts in Europe to
reconquer the C segment and above especially C-SUV and D-SUV
(+10%), with Austral, Espace E-Tech full hybrid and Rafale,
particularly the high-trim versions, which account for the bulk of
sales. 55% of Austral sales and 72% of Espace E-Tech full hybrid
sales concern the Iconic or Esprit Alpine
versions.
Europe's No. 1 LCV brand
The brand is consolidating its leadership in the
LCV market6 with 171,202 vehicles sold, an increase of
19.2% on H1 2023, in a market that grew by 12.9%. This momentum is
driven by the success of flagship vehicles, Kangoo and Express
(+30.7% vs H1 2023), as well as Master (+16.0% vs H1 2023), all
leaders in their segments. At the same time, Trafic (+22.5% vs
Y-1), is now the third best-selling vehicle in its segment.
Relevant technological choices and a
two-pronged electrification strategy
Nearly one in every two vehicles sold by Renault
is electrified. The brand is continuing its electrification
offensive with a two-pronged strategy balancing a complete electric
vehicle range with a full hybrid range.
Renault is Europe’s number two brand for
hybrids, accounting for more than one in three sales, with an
impressive sales increase (almost +45% compared with H1 2023).
Clio, Austral and Captur rank among the top 10 best-selling
hybrids.
All-electric vehicles account for almost 12% of
Renault brand sales and will continue to grow with Scenic E-Tech
electric and Renault 5 E-Tech electric. Megane E-Tech electric,
launched in mid-2022, ranks among the top 3 in its class in
Europe.
2024: Numerous market launches for the
Renault brand
With seven new vehicles planned, 2024 is a year
rich in commercial launches for Renault. The brand is having a
promising first half of the year while waiting for the commercial
launches of Symbioz, Master and Renault 5 E-Tech electric in
Europe. Internationally, the brand will continue to implement its
“International Game Plan” with the market launches of Renault
Duster and Grand Koleos, while Kardian will be launched on new
markets.
Dacia brand
Continued progress
Dacia sales rose by 3.8% in the first half of
the year, with 358,497 registrations. In Europe, Dacia sold 309,816
vehicles, an increase of 4.0% PC+LCV. The brand is still ranked
ninth in the PC market and remains in the European top 10 for
PC+LCV sales.
Results driven by a strong new brand
identity
Driven by a strong new brand identity, Dacia is
consolidating its position on the European retail sales podium, the
brand’s core customer base, with four pillar models and conquest
and loyalty rates at the highest level on the market.
Global sales of Dacia Sandero totalled 164,789
units, up 18.5% on first-half 2023. Best-selling retail vehicle
since 2017, Sandero is also the best-selling model in Europe across
all customer channels in first-half 2024.
With 113,783 units sold worldwide, Dacia Duster
(including the second generation and recently launched third
generation) sales grew by 1.7% compared with first-half 2023. It
maintains its position on the podium of SUV retail sales in
Europe.
Dacia Jogger recorded 50,841 units sold
worldwide, up 0.7% on first-half 2023. It is Europe’s best-selling
non-SUV C-segment vehicle for retail sales.
Sales of Dacia Spring are falling as a result of
changes in government support and the vehicle's product cycle.
Nevertheless, in first-half 2024, Spring ranked fifth in retail
sales of small electric vehicles (A and B segments) in Europe.
Renewal of the range
New Dacia Duster, available to order since
mid-March 2024, has been in showrooms since June 2024. It was very
well received and has already been awarded numerous times in
various markets.
All-electric New Spring is opened to orders
since April 2024 for mainland Europe and since June 2024 for the
UK. It will arrive in the showrooms in autumn 2024.
In second-half 2024, the brand will present
Bigster, its future C-segment SUV, scheduled to arrive in the
dealerships in first-half 2025.
Alpine brand
Brand performance
Alpine reported 2,720 registrations, a new
record, and an increase of 47.2% on first-half 2023, driven in
particular by France (+58.9%), Germany (+45.9%), the UK (+27.2%)
and Belgium (+29.5%).
Start of the electric
offensive:
In June, Alpine began its electric offensive
with the presentation of A290, the brand's sporty electric 5-seater
hot hatch, at the Le Mans 24 Hour event. Orders are scheduled to
open this summer.
A faster pace of international
deployment:
Internationally, first-half 2024 saw the
roll-out of Alpine in Turkey and the opening in Barcelona of the
first Atelier Alpine, an experiential concept store soon
to open in London and Paris. By the end of 2024, the brand plans to
open new Alpine stores in the Netherlands, Hungary and Sweden, as
well as in France (including in Guadeloupe).
RENAULT
GROUP MEDIA RELATIONS
|
Rie Yamane
+33 6 03 16 35 20
rie.yamane@renault.com
|
Paul
Jacobsoone
+33 6 82 76 23 96
paul.jacobsoone@renault.com
|
RENAULT GROUP INVESTOR RELATIONS
|
Philippine de Schonen
+33 6 13 45 68 39
philippine.de-schonen@renault.com
|
|
About Renault Group
Renault Group 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, Renault Group
comprises 4 complementary brands - Renault, Dacia, Alpine and
Mobilize - offering sustainable and innovative mobility solutions
to its customers. Established in more than 130 countries, the Group
sold 2.235 million vehicles in 2023. It employs nearly 105,000
people who embody its Purpose every day, so that mobility brings
people closer.
Ready to take on challenges on the road as well
as in competition, the Group is committed to an ambitious,
value-creating transformation. This is centred 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 2040.
For more information:
https://www.renaultgroup.com/fr/
RENAULT GROUP WORLDWIDE SALES BY BRANDS |
|
H1 2024 |
H1 2023 |
∆ %
vs. H1 2023 |
Renault |
787 223 |
772 055 |
+2,0 |
PC |
573 149 |
585 315 |
-2,1 |
LCV |
214 074 |
186 740 |
+14,6 |
Dacia |
358 497 |
345 399 |
+3,8 |
PC |
354 357 |
342 536 |
+3,5 |
LCV |
4 140 |
2 936 |
+44,6 |
Renault Korea Motors |
6 260 |
12 208 |
-48,7 |
Alpine |
2 720 |
1 848 |
+47,2 |
Others (1) |
0 |
1 968 |
-100,0 |
|
|
|
|
Renault Group |
1 154 700 |
1 133 478 |
+1,9 |
(1) Others: Mobilize &
EVEASY, JMEV’s brand. |
|
|
|
RENAULT GROUP’S TOP 15
MARKETS
|
|
Volumes
H1 2024 |
PC/LCV
Market share (MS) |
Change in MS on H1 2023 |
|
|
(units) |
(%) |
(pts) |
1 |
France |
293 687 |
26,1 |
0,0 |
2 |
Italy |
111 696 |
11,2 |
0,8 |
3 |
Turkey |
84 749 |
14,7 |
0,3 |
4 |
Spain |
77 161 |
12,4 |
0,5 |
5 |
Germany |
76 398 |
4,7 |
-0,2 |
6 |
United Kingdom |
60 715 |
5,1 |
0,7 |
7 |
Brazil |
55 771 |
5,2 |
-0,5 |
8 |
Belgium + Luxembourg |
36 322 |
11,1 |
0,0 |
9 |
Romania |
35 174 |
37,1 |
-2,7 |
10 |
Morocco |
33 433 |
40,6 |
2,4 |
11 |
Poland |
26 614 |
8,6 |
-0,9 |
12 |
India |
23 100 |
0,9 |
-0,3 |
13 |
Netherlands |
20 269 |
8,5 |
-0,5 |
14 |
Portugal |
20 263 |
15,2 |
0,0 |
15 |
Argentina |
16 067 |
9,3 |
-2,0 |
1 Scope: ACEA Europe
2 Excluding pick-up trucks
3 France, Italy, Germany, Spain, United Kingdom
4 Sandero, Duster, Clio, Captur
5 10 new vehicles launches in 2024 without Renault Duster (outside
Europe) and Captur facelift
6 Excluding pick-ups
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