Renault Group’s revenue for Q1 2026 amounted to €12,530 million, up 7.3% compared to the same period last year. At constant exchange rates, Group revenue was up 8.8%. Automotive revenue reached €10,807 million, up 6.5% from Q1 2025. At constant exchange rates, it increased by 8.0%.
“In the first quarter of 2026, despite a challenging start of the year in registrations due to one-off factors at Dacia, we are benefiting from a robust product momentum across all our brands, for both passenger cars and light commercial vehicles,” said Duncan Minto, Chief Financial Officer of Renault Group.
“We are taking full advantage of our dual powertrain offer, with EV on one side and HEV on the other, both of which are delivering strong performances. This positive momentum is underpinned by a double-digit order intake since the start of the year. We reaffirm our 2026 FY guidance, with H2 operating margin higher than H1, as per usual seasonal patterns,” he added.
Renault: stable performance
In Q1 2026, Renault sold 397,602 vehicles worldwide, a year-on-year increase of +2.2%. “These results reflect the relevance of Renault’s product strategy, the effectiveness of its electrification roadmap, and a disciplined commercial approach, reinforcing customers’ confidence in the brand,” says the press release.
In Europe, Renault recorded 255,200 sales, up +3.8% versus Q1 2025, in line with market performance. Renault’s electrified sales reached more than 65% of its PC sales in Europe. Regarding EVs, the brand increased sales by more than 40% in Q1, driven by the sustained success of the Renault 5 E‑Tech electric, the n°1 B-EV in most European markets, the progressive ramp-up of the Renault 4 E‑Tech electric, and the solid performance of the Scenic E-Tech electric.
Full hybrid E‑Tech powertrains also continued to perform strongly across Renault’s core models, representing more than 40% of PC sales, confirming their key role in the brand’s balanced electrification strategy, which is expected to be pursued with the recent launch of the Twingo E-Tech electric and the new Clio Full hybrid E-Tech.
In the Light Commercial Vehicles segment, Renault confirmed a return to growth following a transition year in 2025. LCV sales worldwide increased by 6.6% year-on-year in Q1 2026, and by 15.1% in Europe, supported by tangible results from the brand’s recovery plan.
Renault continued to consolidate its international footprint, supported by a renewed product line-up notably in India (+47.6%), Morocco (+20.2%), and Colombia (+10.1%). Renault expects this trend to be reinforced throughout the year, with the recent launch of the Renault Duster in India and the Renault Filante in South Korea, as well as the upcoming launch of the Renault Boreal in Türkiye.
Dacia: recovery has started
With 145,335 sales in 2026 Q1, Dacia recorded lower commercial results compared to the same period in 2025 (-16.3%), in a context marked by one-off factors. However, the brand is maintaining its position in the Top 10 European automotive brands across all channels for PC, and on the European podium for sales to retail customers, its core customer base.
January and February were significantly disrupted by exceptional logistical challenges stemming from severe weather that disrupted maritime traffic in the Strait of Gibraltar. This situation led to supply and delivery delays and production losses, which should be made up progressively over H1 2026. At the same time, the brand was transitioning its product offering, launching new engine options.
The brand started its recovery in March, with a +1.9% sales increase in Europe compared to March 2025. This performance was especially strong in the retail channel, which remains at the heart of the brand’s strategy. With a double-digit growth in orders during Q1 2026, the orderbook is also growing, supported by an increasingly appealing product line-up, notably thanks to the success of LPG and hybrid engines.
Alpine: growth continues
After a record-breaking triple-digit growth in 2025, the Alpine brand continued to expand worldwide, recording a 54.7% increase in sales (3,246 vehicles) in Q1 2026.
The brand continued to expand sales in Europe (+53.7%) with 3,087 units. This growth was strongly driven by excellent performance in the UK (16 times the Q1 2025 sales), Germany (+145.6%), Spain (+185.2%), and Belgium and Luxembourg (+42.5%).
The Alpine A290 was the brand’s best-selling model, with 2,452 registrations worldwide (+63.9%), and was a key factor in Alpine’s growth. Already available in key markets, the Alpine A390 GT is now expanding to other European markets. As it enters the final months of production, the A110 continues to generate interest, with 545 units sold. Production will cease this summer to prepare for the arrival of the new generation.
Outlook for 2026
Renault Group confirms its 2026 FY financial outlook: an operating margin of around 5.5% of Group revenue, with H2 operating margin higher than H1, as per usual seasonal patterns, and Automotive free cash flow of around €1.0 billion.
In 2026, international expansion, increased sales to partners, the growing share of electric vehicles, and the consolidation of Renault Nissan Automotive India Private Ltd. (RNAIPL) on a full-year basis will drive revenue growth, though it will be dilutive to margins.
Cost reduction remains a key priority for 2026 and beyond, Renault points out. The Group is taking additional measures to mitigate the potential impact of the Middle East crisis on raw materials, energy, and logistics costs.
