The year 2023 was marked by an exceptional performance for Renault, which caught the attention of automobile enthusiasts.
2023, a year of growth for Renault
In 2023, Renault saw impressive growth in Europe, with sales up 25% over the previous year. This performance underlines its ability to adapt to market trends and effectively respond to customer expectations, especially in the current competitive context. Renault also raised its financial outlook for 2023 due to the quality of its sales mix and its value-oriented business policy. The group now expects an operating margin of between 7% and 8% and automotive operational free cash flow at or above 2.5 billion euros. In 2022, Renault experienced an overall decline in sales of 5.9%, but managed to maintain growth in value-creating segments. The brand has focused its efforts on creating value, thus increasing its sales share in the most profitable channels, particularly in Europe. This strategy has borne fruit with a significant share of sales to individual customers in major European countries.
The group innovates to move forward
In a market where competition is fierce, Renault stands out for its innovations and its business strategy. Its ability to grow in the electrification segment and offer vehicles that meet contemporary expectations allows it to maintain a strong position against its rivals. Automotive enthusiasts will especially appreciate the brand’s emphasis on new technology and innovative services. For automotive enthusiasts, Renault offers a compelling blend of performance, innovation and durability. Its performance in 2023 is not only a commercial success, but also a demonstration of its ability to anticipate and respond to future mobility challenges.
