• Renault Group is moving into high gear, turning the success story of the Renaulution plan into a success system that is both sustainable and global.
  • With the new strategic plan futuREady, the Group is seeking to maintain its growth dynamic and become the reference European carmaker.
  • futuREady revolves around the product and the customer experience, technological innovation and operational excellence. At the same time, it is based on a strong commitment to employees, suppliers, dealer networks and partners.
  • The product remains front and centre of this strategy. Renault Group will launch 36 new models between now and 2030, accelerating electrification and also its international line-up.
  • Over the medium term, Renault Group aims to generate consistently robust and resilient financial results, with a Group operating margin of between 5% and 7% of revenue and an Automotive free cash flow superior or equal to €1.5 billion per year on average.

Boulogne-Billancourt :  “futuREady, our new strategic plan, is a crucial step in the future of Renault Group. In an environment that is even more competitive, we can build on solid fundamentals: our brands, our products and our financial results.

Since my appointment as CEO last July, we have been working with the whole team worldwide to develop a plan that will set the Group on the path to robust and sustainable performance, whatever the challenges ahead. Nine months on, I take great pride in what we have achieved together, set out in our futuREady vision.

The plan is based on four pillars. First, growth and products. We plan to launch 36 new models between now and 2030 and substantially transform the customer experience during the lifetime of our vehicles. Second, we will accelerate our technological roadmaps for all key technologies. We will also set highly ambitious goals for operational performance, with the widespread use of AI.

Finally, we will be implementing this plan collectively, as we have done for over 127 years. I am referring here first to our employees, but also to our dealers, partners and suppliers.

Together, through futuREady, we will show that we are here for the long term and we will become the reference for the European automotive industry on the global stage.” François Provost, CEO of Renault Group

From success story to success system

In a global environment of growing volatility and increased competition, Renault Group is building on strong foundations to approach the next cycle.

Renaulution, the strategic plan launched in 2021, has placed the Group back among Europe’s leading

car manufacturers thanks to:

  • clear, complementary brand positioning.
  • a value-oriented strategy, underpinned by an ambitious program of product renewal: 32 new launches in five years with models that are seen as highly desirable.

With futuREady, Renault Group is seeking to become the reference European carmaker at a global level, building on four fundamental pillars: growth ready, tech ready, excellence ready and trust ready.

To achieve this, the Group is maintaining a strong base in Europe, using its platforms to hone its competitive edge and develop products that are even more closely aligned with customer expectations.

Moreover, it is stepping up the pace with a targeted approach in its growth hubs – India, South America and South Korea – all of which will contribute to its expansion

“ Becoming Europe’s reference carmaker means setting the ambition to design and produce in Europe products that are best in class in terms of desirability, technology and competitiveness.

In an increasingly competitive environment, this means combining performance and innovation with resilience and robust strength. This is what futuREady is all about.

At Renault Group, we know where we come from. Today, we know where we want to go, how and who with.

And all of this to better serve our customers, ultimately delivering clean, affordable mobility tailored to their needs, based on the strength of our brands and vehicles”.François Provost, CEO of Renault Group