Renault Group exceeds its 2021 targets and accelerates its Renaulution strategy.
“Renault Group largely exceeded its 2021 financial targets despite the impact of semiconductor shortages and rising raw material prices. This reflects the sustained pace of the in-depth transformation of the Group, initiated within the framework of Renaulution. Thanks to the continuous commitment of the teams and by capitalizing on the Alliance, we are accelerating the deployment of our strategic ambitions, in order to position the Group as a competitive, tech and sustainable major player.”
“With these 2021 results, Renault Group reached a further step in its recovery. This performance is due to the early successes of the Group strategy, promoting value over volumes, and its strict financial discipline. It allowed us to achieve in a sustainable way, and one or two years in advance, some objectives of Renaulution. The Group is further accelerating the implementation of its strategic projects with the single target of creating value for all its stakeholders.”