Renault takes up the challenge of electrification and higher value business

Renault takes up the challenge of electrification and higher value business

18.01.2022: Renault delivers its rapid shift in the electrified market and strengthens its position in Europe. The E-Tech (EV and hybrid* powertrains) range represents 30% of Renault passenger cars sales in Europe in 2021 (vs 17% in 2020). In Europe, Ren

    Renault delivers its rapid shift in the electrified market and strengthens its position in Europe. The E-Tech (EV and hybrid* powertrains) range represents 30% of Renault passenger cars sales in Europe in 2021 (vs 17% in 2020).


        In Europe, Renault is 3rd brand in the EV PC market, and ZOE ranks 2nd model.


        Renault EV sales in Europe represent 14%, in an EV market at 10%.


        Renault is leader in France also in electrified market (EV+Hybrid*).


        Successful E-Tech hybrid technology supports strong commercial figures.






    Renault implements a selective sales policy favoring growth of higher value business:



        In the 2nd half of 2021, the retail mix rose by 10 points (vs 1st half of 2021) to reach 50%.


        The C-segment re-conquest started successfully, with more than 60,000 orders of the Renault Arkana in Europe and 42,000 sales registered since the launch in June 2021. The innovative E-Tech powertrain continues to exceed customer expectations, representing 56% of its sales mix.





    Renault reaffirms its strategy as a global brand:


        Markets outside of Europe now represent 44% of sales, (+2 pts vs 2020) with increased focus on profit.


        Renault recovers the leadership in the LCV European market (15.7% w/o pick-ups) with the successful launches of the all-new Express Van and Kangoo Van.



The All-New Kangoo Van was rewarded ‘’2022 International Van of The Year’’.

    Renault has built a solid and performing base in 2021 and will benefit from it to accelerate its growth on electrification and C-segment, with two major launches: All-New Mégane E-Tech Electric and All-New Austral, to be introduced in 2022.







Renault confirms its rapid shift in the electrified market




Renault confirms its rapid shift towards electrification with an impressive growth of its volume of EV and Hybrid* of +52% in PC sales in Europe. The E-Tech range now represents 30% of Renault passenger car sales in Europe in 2021 in an electrified market representing 26% of the TIV.



In Europe, Renault is on the EV podium in France (leader), in Italy (2nd position) and Germany (3rd position).



Launched in 2012, Renault ZOE maintains its strong position as market leader within the EV segment in France and ranks 2nd in Europe.



When it comes to sales mix of hybrid* passenger vehicles, Renault continues to perform strongly: Clio 19%, Captur 24% and Arkana 56%.





Value first



With the on-going impact of the COVID-19 pandemic and the shortage of components, Renault implemented a selective sales policy. Worldwide sales reached 1,751,089 units (-6.7% vs 2020) and a market share of 4.7% (-0.6pt vs 2020, TIV without China and North America). In Europe, Renault reached a market share of 7.1% (-0,7pt) at 984,784 units.



In 2021, Renault put in place a strategy of channel mix and pricing optimisation. The retail sales mix gained +10 pts between H1 (40%) and H2 (50%) and with a higher net revenue per vehicle.



Renault focused on positive price-mix development based on a "Value over Volume" strategy. This started prior to the COVID-related inventory shortages - and represents real price-mix progression. The higher net revenue per vehicle benefits from two strong brand’s assets: the E-Tech technology mix sales and the high trim level offer with Arkana RS Line represents 49% of Europe orders and the mix of Intens and RS Line sales combined reaches 86%.



The C-segment re-conquest has also begun successfully thanks to the All-New Renault Arkana. Since its European launch in June, orders have reached more than 60,000 units in Europe including 56% in E-Tech version.  C segment sales increased from 22% to 25% of Renault PC total sales.





Renault reaffirms its strategy as a global brand:



Markets outside of Europe now represent 44% of the car manufacturer sales (+2 pts vs 2020) and with more focus on profit. The New Renault Duster launch contributed to the success of our strategy and registered high sales: 41,000 units in Russia (+31% vs 2020), 22,000 units in Brazil (+15% vs 2020), 6,200 sales in Mexico (+55% vs 2020) and 9,100 sales in Colombia (+34% vs 2020).



In India, the All-New Renault Kiger is a success with 29,000 units sold. Already representing 30% of Renault sales, it confirms Renault’s upselling strategy for this market.



For the LCV (w/o pick-ups) market Renault recovers the first European rank with numerous successful launches. A whole new range of LCV offer is now available for our customers, with the All-New Express Van, Kangoo Van and Trafic. The ‘’International Van Of The Year’’ organization awarded the All-New Kangoo Van ‘’2022 Van of The Year’’, recognizing the strengths of the Renault Light Commercial Vehicle Business Unit.



In Europe, the LCV market share reached 15.7% (+1 pt vs 2020 w/o pick-ups). Renault is ranking 1st in Small Vans segment and 2nd in Medium/Large Vans segment.



Renault remains the undisputed LCV leader in France with 124,700 sales and 28,8% of market share with its three best sellers: Renault Master, Renault Trafic and Renault Kangoo Van.



Renault brand Sales and Operations Senior Vice President Fabrice Cambolive concludes:



‘’I would like to thank our business partners and sales teams for achieving such impressive results, despite the adverse market conditions. Renault was able to achieve 1 out of 3 sales on E-Tech and 1 out of 2 sales in the retail channel.



Renault benefits from strong successes in 2021 to confirm its positive path to win back its position in the C-segment, through the upcoming launches of the All-New Mégane E-Tech Electric and All-New Austral. We look at 2022 with the ambition to go forward, pushing with a consistent product portfolio and business approach.’’




* Includes Hybrid (HEV) and Plug-In Hybrid (PHEV), excludes Mild-Hybrid (MHEV)

 
TOTAL SALES PC+LCV








Guillaume Jolit - photos Renault

Permanent-URL: http://www.automobilsport.com/renault-challenge-electrification-higher-value-business---233205.html

18.01.2022 / MaP

More News

Dacia accelerates into the top three of 2021 European retail sales for the first time ever
18.01.2022
    DACIA grew by 3% in 2021, with sales reaching 537,095, in a market tainted by the pandemic and the electronic component crisis    The brand experienced strong growth in the passenger car market for private customers where it reached a record-breaking market share of 6.2%, resulting in DACIA placing in the top three of European re more >>
Appointment of Mr. Mike Wetherell as Regional CEO of BMW Group, Financial Services for Asia Pacific
17.01.2022
The BMW Group has appointed Mr. Mike Wetherell as the Regional Chief Executive Officer of Financial Services for its Asia Pacific operations effective 1 January 2022. Mr. Wetherell is based in Singapore and replaces Ms. more >>
Sales figures for the MINI Electric almost doubled
17.01.2022
- MINI brand sales up 3.3 percent in 2021.British premium brand records 302 144 new registrations worldwide and a huge electric boom. Fully electric MINI Cooper SE becomes the best-selling model variant. Almost every fourth MINI Countryman hit the road with a p more >>
Toyota Motor Europe sales increase by +8% in 2021 to achieve a record 6.4% market share
13.01.2022
·    TME’s vehicle sales of 1,076,300 (Jan-Dec 2021) up +8%, reflected strong customer demand,  outperforming a stable market up +1% year-on-year·    The Toyota more >>
Lexus consolidates sales and market share in Europe in 2021
13.01.2022
    Lexus Europe* sold 72,441 vehicles in 2021, up 2% vs. 2020, consolidating a record share of 2.3% in the premium market    Electrified vehicles accounted for 96% of the brand’s sales in Western Europe* in the past year    Lexus’ first battery-electric model, the UX 300e, achieved 3,000 more >>
Audi accelerates transformation with a strong 2021 for fully electric vehicles
11.01.2022
   Consistently following the electric roadmap: deliveries of fully electric models increased by 57.5 percent        Despite a worldwide semiconductor shortage, total volume of the Audi brand approached the previous year’s level with 1.68 million vehicles, grew in the US and other key markets      more >>
SEAT S.A. closes 2021 with sales up 10.3%
11.01.2022
... but falls short of pre-pandemic levels due to semiconductor crisis    CUPRA tripled sales, driven by success of the Formentor, reaching almost 80,000 cars    Sales of electrified vehicles increased fourfold, more >>
Rolls-Royce Motor Cars reports record annual results for 2021
10.01.2022
In 2021, Rolls-Royce Motor Cars delivered the highest-ever annual sales results in the marque's 117-year history. The company delivered 5,586 motor cars to clients around the world, up 49% on the same period in 2020. This overall figure includes all-time record sales in most regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the globe. more >>
Mercedes-Benz sees strong demand as high-end and electrified vehicle sales surge
08.01.2022
    Mercedes-Benz Cars and Vans delivered over 2.4 million units in 2021, despite semiconductor supply chain bottlenecks    Mercedes-Benz Cars Q4 deliveries at 475,968 (-24.7%) in line with company forecast    New sales records for xEVs and high-end vehicles (Maybach, AMG, G-Class) underline strategic more >>
Hyundai Records Largest Ever UK Car Market Share in 2021
08.01.2022
    Hyundai delivers 4.2% car market share throughout 2021, its largest ever    Year-on-year sales jump by 47%, boosted by new model introductions    Over 12,500 EVs sold in 2021, the fourth largest number of any manufacturer more >>
Lotus global retail sales up 24% in best performance for a decade
08.01.2022
    Worldwide sales of 1,710 new cars in 2021, up from 1,378 in 2020    Increase of 24% as customers snap up final versions of Lotus Elise, Exige and EvoraLotus has revealed its best annual global re more >>
Volvo Cars records full-year sales growth, sales of electrified cars grew more than 60%
07.01.2022
Volvo Cars’ global sales grew by 5.6 per cent to 698,693 cars in the full year 2021, demonstrating resilience in the face of persistent supply constraints.The results also demonstrated the continued popularity of Volvo Cars’ Recharge line-up more >>
BMW of North America Reports Q4 2021 and Full Year 2021 U.S. Sales Results
05.01.2022
    2021 BMW Deliveries Increase 20.8% vs 2020.    2021 MINI Deliveries Increase 6.4% vs 2020.     Successful Year Despite Continuing Challenges of the Ongoing Global Pandemic and Associated Supply Chain Issues.    BMW Sales Momentum Remains Strong as First Deliveries of BMW more >>
Kia announces 2021 global sales and 2022 targets
03.01.2022
    Kia’s global sales in 2021 reached 2.78 million units, up 6.5% year-on-year : Sales in overseas markets increased 9.1% year-on-year    Kia sets target to sell over 3 million units globally in 2022 : Maintaining sales growth with optimized production and EV leadership more >>
Tesla’s 2021 vehicle deliveries surge over 80%, projected to hit 1.5 million in 2022
03.01.2022
Tesla's goal of pushing electric vehicles into the mainstream is gaining momentum with the company's steady growth in deliveries. As the EV manufacturer expands production, the number of delivered vehicles is also expected to hit record levels in 2022.   more >>
Investor Group led by Michael Pessis and Boris Rotenberg to invest in historic super sports car brand Spyker
31.12.2021
Exciting yearend news on the future of Spyker – good news for all Spyker enthusiasts and existing customers. Today, on the last day of 2021, the investor group led by Michail Pessis (Milan Morady S.A., R-Company GmbH, SMP Racing) and Boris Rotenberg (BR Engineering, SMP Racing) has reached an agreement with Spyker Ltd to revive the historic Spyker super sports car brand effe more >>
BAIC Daimler Partnership
17.12.2021
-    BAIC ANNOUNCES HOLDING STAKE IN DAIMLER-    BAIC & DAIMLER WELCOME COMMITMENT AND LONG-TERM PARTNERSHIPBeijing Automotive Group Co Ltd (BAIC) announced this week that it has been holding an increased more >>
BMW i Ventures announced a lead investment in the seed financing round of Rapid Liquid Print (RLP)
08.12.2021
.... which brings the benefits of 3D printing to elastomers with a revolutionary gel-printing technology that uses industry-standard materials, such as soft rubber, silicone and foams, to produce soft, flexible products without retooling or post-processing. Also participating in the round is MassMutual through the MM Catalyst Fund (MMCF). more >>
BMW i Ventures Leads Series B Financing Round of Nanocoating Technology Company, actnano
30.11.2021
BMW i Ventures today announced a lead investment in the Series B financing round of actnano, a company that has developed a next-generation nanocoating that offers unparalleled protection for electronics across the automotive and consumer electronics markets.a more >>
UNCTAD Global Trade Update November 2021, download report
30.11.2021
World trade reaches record high Latest issue of the UNCTAD Global Trade Update. Its key findings show that:•    Global trade is expected to reach about $28 trillion in 2021, indicating an increase of 11% relative to pre-pandemic levels.•    Global trade growth s more >>
Next.e.GO Mobile electric vehicle manufacturer announces new member of its Administrative Board
30.11.2021
Next.e.GO Mobile SE, the independent German manufacturer of innovative and sustainable electric urban vehicles, today announced that Andrew E. Wolff has joined its administrative board.  Mr. Wolff is an entrepreneur and a top-tier private equity investor. He was most recently Global Co-Head of the Merchant Banking Division and Global Co-Head o more >>
Strategy 2.0: IONITY accelerates expansion of its fast-charging network
24.11.2021
Porsche and fellow shareholders to invest 700 million euros by 2025ONITY already has the largest network of high-performance charging stations in Europe, which is accessible by the majority of electric vehicles. The joint venture is now ramping up its p more >>
Renault Group strengthens its strategic partnership with start-up Whylot
24.11.2021
    Renault Group is taking a 21% minority stake in Whylot, a technology company specialising in innovative electric motors.     This investment strengthens the existing collaboration between the two companies to develop and industrialize an innovative axial-flow automotive e-motor, a breakthrough technology for electrified applicati more >>
The Board of Directors of Brembo S.p.A. submits new corporate governance structure to the General Shareholders’ Meeting
16.11.2021
•    Matteo Tiraboschi Executive Chairman of Brembo S.p.A.•    Daniele Schillaci CEO of Brembo S.p.A.•    Alberto Bombassei Chairman Emeritus of Brembo S.p.A.The Board o more >>
Volkswagen to invest some €1 billion by 2026- South America region to be geared to sustained profitability
05.11.2021
The Polo Track is to be produced at the plant in Taubaté, Brazil. This vehicle is not for sale in Europe.  Following restructuring program and portfolio renewal, positive result in Latin America expected this year   more >>
BMW Group boosts performance with significantly higher earnings
03.11.2021
Automotive segment reports nine-month free cash flow of € 6.3 billion - Segment EBIT margin comes in at 11.3% for nine months - BMW brand grows nine-month market share in Europe, Asia and Americas - Deliveries of fully electric vehicles up by 121.4% for nine-month period - Raised outlook for full year 2021 confirmed more >>
SKODA AUTO achieves stable operating profit in the first three quarters
02.11.2021
    700,700 vehicles delivered to customers worldwide (-2.9% compared to previous year)    Significant disruptions due to current chip shortages    Operating profit and sales revenues remain at a high level thanks to strong first half-year, return on sales reaches 6.8%  &nb more >>
DriveElectric is set to expand its Electric Vehicle Leasing Offer on the back of investment from Sumitomo Corporation
02.11.2021
    DriveElectric welcomes Sumitomo Corporation as a strategic investor    Sumitomo Corporation is a trading and business investment company headquartered in Japan whi more >>
Kia Announces October 2021 Global Sales Results
01.11.2021
    October global sales at 217,872 units, down 18.9% y/y    Sales in Korea recorded 37,837 units, down 21.2% y/y    Sales outside of Korea recorded 180,035 units, down 18.4% y/y    Kia to create sales momentum through competitive new models including the EV6 battery e more >>
Porsche maintains a return on sales of more than 15 per cent
30.10.2021
Sports car manufacturer increases sales revenue and profit in the first three quartersPorsche succeeds despite the global semiconductor crisis. The Stuttgart-based sports car manufacturer achieved a return on sales of 15.5 per cent at the end of the third q more >>
Daimler performance resilient in third quarter
30.10.2021
    Unit sales at Mercedes-Benz Cars & Vans decreased due to semiconductor shortage    Group revenue of €40.1 billion (Q3 2020: €40.3 billion) at prior-year level    EBIT of €3,579 million (Q3 2020: €3,070 million)    Industrial free cash flow o more >>
Audi Group makes healthy profit despite semi-conductor crisis- forecast for 2021 adjusted
30.10.2021
   After nine months: 1.3 million Audi brand vehicles delivered, revenue €40.4 billion, operating profit of €3.9 billion and operating return on sales of 9.5 percent        Net cash flow strong at €7.9 billio more >>
Automobili Lamborghini sets another record result for deliveries in the first nine months of 2021
21.10.2021
Strong order book continues with demand across the product portfolioAutomobili Lamborghini announces further record sales for the first nine months of 2021. The period between January and September has seen the company achieve a record 6,902 unit more >>
Tesla Leapfrogs the Competition in Interbrand's 2021 Best Global Brands Report
21.10.2021
Sephora Enters the Table, While Tech Companies Continue to Dominate the Top Spots- Tesla (#14) makes the biggest leap up the table and is the fastest growing brand of the past year with an unprecedented 184% increase in brand value after re-entering the rankings in 2020. more >>
Record third quarter for Ducati
20.10.2021
... which leads to already higher deliveries in the first nine months of 2021 than entire 2020 An extremely positive third quarter has ended for Ducati with 49,693 motorcycles delivered to enthusiasts all over t more >>
Toyota Motor Europe market share climbs to a record 6.7% in first 9 months
13.10.2021
    Toyota Motor Europe’s (TME) sales growth continued with 864,904 vehicles sold in the first 9 months, increasing its market share to a record 6.7%, up by +0.6 pts year-on-year    Record customer demand for hybrid electric line-up, which now represents 59% of total European sales    Low-emission, mu more >>
Sensational September sees MG Motor UK buck industry trends and set several new records
06.10.2021
    MG Motor UK achieves highest ever monthly sales in the UK, passing 5,000 registrations for the first time ever    Record 2.53% market share sees sales up 61.2% year-to-date    MG also achieves 5.5% battery electric share, with the highest EV mix of any brand selling both Internal Combustion Engine more >>
Mitsubishi Motors Announces Production, Sales and Export Figures for August 2021
29.09.2021
August 2021     Fiscal Year 2020 (21/04-21/08)     Calendar Year 2021 (21/01-21/08) Volume     YoY(%)     Volume     YoY(%)     Volume    more >>
Premium Ebike Subscription Company Dance Raises €16.5 Million To Encourage Sustainable Cities Around the World
28.09.2021
Eurazeo alongside key angel investors focused on sustainable investments looks to scale its services and software Today, premium ebike subscription company Dance raised an additional €16.5 million as the company rolls out its first generation ebike and repair more >>
2001-2023 copyright automobilsport.com