Renault: Revenue Up 7.3% in Q1, but Dacia Declines by 16.3%
Renault Group recorded a revenue of 12.53 billion euros in the first quarter of 2026, up by 7.3% in reported figures and 8.8% at constant exchange rates. This growth is supported by strong commercial momentum and double-digit growth in orders. However, Dacia experienced a decline of 16.3% due to exceptional logistical factors, while Alpine surged with an increase of 54.7%.
Consolidated Revenue and Financial Services Growth
The group generated a consolidated revenue of 12.53 billion euros, an increase of 7.3% compared to the first quarter of 2025. At constant exchange rates, the growth reached 8.8%, revealing a negative impact of 1.5 percentage points due to the devaluation of the Turkish Lira and the Argentine Peso. The Automotive segment posted revenue of 10.81 billion euros (+6.5%), while Mobilize Financial Services (formerly RCI Bank and Services) generated 1.72 billion euros, up by 13.0%. This financing growth reflects a 4.8% increase in average productive assets, driven by a context of rising interest rates over several years.
Global Vehicle Sales and Electrification
Renault sold 397,602 vehicles globally, a moderate increase of 2.2% compared to Q1 2025. In Europe, sales reached 255,200 units, up by 3.8%. The group prioritized sales quality and achieved an 8.5% increase in the private customer segment. Electrified vehicles accounted for over 65% of private vehicle sales in Europe. Pure electric vehicles alone saw an increase of over 40%, driven by the success of the Renault 5 E-Tech electric. Full hybrid E-Tech engines represented more than 40% of private vehicle sales. Light commercial vehicles showed a clear return to growth with an increase of 6.6% globally and 15.1% in Europe after a transition year in 2025.
Dacia's Setback and Alpine's Growth
Dacia recorded 145,335 sales in Q1 2026, a decline of 16.3% year-on-year. This downturn reflects non-recurring factors: severe weather conditions in January and February disrupted maritime traffic at the Strait of Gibraltar, causing supply delays and production losses. However, the brand began to recover in March with a 1.9% increase in Europe, and the order book shows double-digit growth. Conversely, Alpine continued its upward trajectory with 3,246 sales in Q1 2026, up by 54.7% after a record growth in 2025. The Alpine A290 remains the flagship model with 2,452 registrations (+63.9%). Renault Group confirms its financial outlook for 2026, anticipating revenue growth supported by international markets and electrification, with a second-half operating margin expected to be higher than that of the first half, in line with usual seasonality.
