Renaulution: a four-year plan to transform our Group
Launched in January 2021, Renaulution is a roadmap with an ambitious agenda: to restore profitability while inventing a new future. The plan comprises three phases, initiated at the same time: “REsurrection”, “REnovation” and “Revolution”.
The goal: to turn Renault Group into a next gen automotive company.
« Presented in January 2021, the Renaulution is about moving the whole company from volumes to value. It is a profound transformation of our business model. Beyond structurally restoring the group’s financials and preparing its best line-up in three decades, we are turning Renault into a new kind of car company: ready for the future, more horizontal, partnering with the best to cover an incredibly broader, more diverse and volatile value chain than in the last 150 years. »
Luca de Meo
CEO Renault Group
1,000 days on,
Renaulution is bringing results
Resurrection
Launched in January 2021, this phase has brought structural improvements in company performance three years ahead of schedule: cutting fixed costs by €3 billion, halving vehicle development times and lowering the breakeven point by 50%.
Renovation
Revolution
Our goals for 2030
Operating margin
free cash-flow per year
proportion of employee shareholdings