Renault Q1 sales beat forecasts on strong demand from partners
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Renault's Q1 sales rose 7.3% year-on-year to €12.53 billion, exceeding expectations due to strong demand from partners like Nissan and Geely. This growth offset production disruptions affecting its Dacia brand, which saw a 16.3% sales decline. The company confirmed its 2026 targets, including a reduced operating margin of 5.5% and automotive free cash flow of €1 billion. Renault is also taking measures to address rising costs linked to the U.S.-Israeli conflict's impact on raw materials and logistics.
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