Renault Q3 Revenue Up 6.8% Under CEO Provost

Renault reported Q3 revenue of about €11.4 billion, up 6.8% year‑on‑year, and vehicle volumes rose 9.8% to 529,486 with sales gains across all group brands and regions. Electrified vehicles accounted for 44% of sales, with pure‑EV volumes up 122% and hybrids up 25%, and demand for new models such as the Dacia Bigster plus stronger financial‑services revenue helped offset continued weakness in the commercial‑vehicle segment. Vehicle orders rose in the high single digits, and the quarter—Renault’s first under CEO François Provost—beat some expectations and showed accelerating revenue momentum versus Q2. The group reaffirmed full‑year 2025 targets of roughly a 6.5% operating margin and €1.0–1.5 billion of free cash flow, noting those targets are lower than prior objectives of at least 7% and €2 billion. Management said the reduction reflected mainly external factors, notably Nissan’s sharp market‑cap fall, and said Renault will continue reshaping the business while building on recent sales momentum.