--- title: "Renault Q1 sales beat forecasts on strong demand from partners" type: "News" locale: "en" url: "https://longbridge.com/en/news/283772365.md" description: "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." datetime: "2026-04-23T05:35:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283772365.md) - [en](https://longbridge.com/en/news/283772365.md) - [zh-HK](https://longbridge.com/zh-HK/news/283772365.md) --- # Renault Q1 sales beat forecasts on strong demand from partners PARIS, April 23 (Reuters) - French automaker Renault on Thursday said first-quarter sales rose 7.3% from a year earlier, well above expectations, as a jump in sales to partners including Nissan ( NSANF ) and China's Geely more than offset a disruption in production for its low-cost Dacia brand. Sales of 12.53 billion euros ($14.66 billion) came in much higher than an expected 0.1% increase to 11.69 billion euros in a company-provided consensus. This was driven by a sharp increase in sales to partners, including its production of the Nissan Micra and its distribution of vehicles for Geely in Brazil, contributing 5.9 percentage points to growth. That helped its core automotive business revenue to rise 6.5% to 10.8 billion euros. The company also benefited from its new Clio 6, which is being sold at a higher price than the previous generation. However, the group's sales volumes fell, impacted by the closure of the Strait of Gibraltar to maritime shipping at the beginning of the year because of severe weather, which hampered the supply of parts to the company's plant in Morocco, as well as the shipment of finished vehicles from the site. Sales of the Dacia brand fell by 16.3% during the period, while those of the Renault brand rose by 2.2%. Renault also said it would undertake additional measures to mitigate the impact of the U.S.-Israeli war on Iran on raw materials, energy and logistics costs, though it did not provide further details. The group confirmed 2026 targets, including an operating margin of around 5.5%, down from 6.3% in 2025, and automotive free cash flow of about 1 billion euros, compared with 1.47 billion euros a year earlier. ($1 = 0.8548 euros) (Reporting by Gilles Guillaume and Dominique Patton; Editing by Thomas Derpinghaus) ### Related Stocks - [GELHY.US](https://longbridge.com/en/quote/GELHY.US.md) - [7201.JP](https://longbridge.com/en/quote/7201.JP.md) - [NSANY.US](https://longbridge.com/en/quote/NSANY.US.md) - [00175.HK](https://longbridge.com/en/quote/00175.HK.md) - [80175.HK](https://longbridge.com/en/quote/80175.HK.md) - [GELYY.US](https://longbridge.com/en/quote/GELYY.US.md) ## Related News & Research - [China Merchants Securities Reaffirms Their Buy Rating on Geely Automobile Holdings (GELYF)](https://longbridge.com/en/news/283741472.md) - [Year of the Horse power: Geely and Renault release full details of pioneering combustion engine for plug-in hybrids that cuts fuel use by 40 per cent](https://longbridge.com/en/news/283098256.md) - [Geely Galaxy launches Starshine 7 pre-sales, deepening hybrid layout](https://longbridge.com/en/news/283124575.md) - [Nissan’s first EV powered by solid-state batteries is on track for 2028](https://longbridge.com/en/news/283390655.md) - [Horse Powertrain unveils hybrid system for BEV platforms](https://longbridge.com/en/news/283496334.md)