Renault overtakes Stellantis in market share in September 2026, but remains second on annual cumulative basis
In September 2026, the Renault Group registered 48,070 light vehicles in France (+7.64%), progressing at virtually the pace of a total market growing by 7.8% to 183,748 units. Stellantis, the market leader on a cumulative basis since January, saw its volumes increase more modestly in September to 47,941 units (+1.75%), an underperformance relative to the overall market. Renault factsheet · Stellantis factsheet.
Renault progresses at virtually the pace of the market, Stellantis underperforms
Over the month, the near-stability of the Renault Group's growth relative to the market allows it to capture 26.16% market share, ahead of Stellantis' 26.09%. The latter, whose growth of 1.75% remains significantly below the market's 7.8%, records a relative underperformance, while maintaining its first place on a cumulative basis since January. On a cumulative basis since January, both groups show volume declines: -0.58% for Renault (390,505 units, 26.27% market share) and -1.23% for Stellantis (419,853 units, 28.24%), in a context where electric vehicles now account for 31.40% of the overall car market cumulatively, compared to 18.30% a year earlier.
The Renault brand drives the group, Dacia declines
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On the brand side, the Renault Group's momentum is driven by the Renault brand, which surges to 36,660 registrations (+14.73%) for 19.95% market share, and 287,173 units on an annual cumulative basis (+2.78%). Dacia moves against the trend with 10,583 units (-14.12%), a decline confirmed over the year (97,778 units, -10.75%), bringing its monthly market share down to 5.76%. Alpine, on modest volumes, more than doubles its registrations to 827 units (+115.36%). In contrast, Stellantis advances in volume but more slowly than the market, which weighs on its monthly market share.
SectorAutomobile et mobilité›Constructeurs automobiles
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 30 252 millions d'euros
Quarterly revenue: 30 252 millions d'euros
Net income: 705 millions d'euros
Free cash flow: 653 millions d'euros
-6 570 millions d'euros
Guidance from the release
Grâce à une exécution rigoureuse, la solidité de nos fondamentaux nous permet de délivrer une rentabilité et un free cash-flow robustes tout en investissant dans notre croissance future.
Risks mentioned
Crise au Moyen-Orient pesant sur les coûts de matières premières, d'énergie et de logistique
Environnement décrit comme difficile par le Groupe pour 2026
Effets de change négatifs : croissance de 9,5 % contre 10,3 % à change constant
Opportunities identified
Accélération de l'électrification : mix électrifié en Europe à 52,0 %, +8,2 points
Ventes de véhicules électriques en hausse de 47,6 %
Croissance à l'international : Inde +61,2 %, Turquie +15,4 %, Maroc +13,7 %, Brésil +5,3 %
Outlook / guidance
Management commentary: A Group operating margin around 5.5% of Group revenue.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.