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#RenaultGroup released record results for 2023 with a strong improvement af all its financials:   ↗️ +18% growth vs 2022 at constant change ↗️ Record operating margin: 7.9%, at the top of the financial guidance and 2 points above our initial guidance (raised in June 2023) ↗️ Record free cash flow: €3bn, largely exceeding our financial guidance and €1bn above our initial guidance ↗️ Net result: +€3.0bn vs 2022 ↗️ Record ROCE: more than x2 vs. 2022, from 0% in 2021 to 28.5% in 2023 ↗️ Significant increase of the dividend: €1.85, +€1.60 vs last year   Happy to be part of that success story! And we will not stop there: In 2024, we will benefit from a strong momentum with 6 launches in Germany. Renault is back! 💪 #renaulution #teamwork #automotive

Once again, joining forces brought outstanding results. In our 60th anniversary year, we reached historic milestones, delivering more than 10.000 cars. The exact final tally was 10.112, confirming the growth trend of the last several years. The distribution of vehicles delivered was balanced in the three macro-regions, with EMEA showing a 14% increase over 2022 with a total of 3.987 cars, immediately followed by America with a 9% increase (3.465) and Asia up 4% (2.660). The United States continues as the top market with 3.000 cars delivered, followed by Germany (961), Chinese Mainland, Hong Kong & Macao (845), the United Kingdom (801), Japan (660), the Middle East (496), South Korea (434), Italy (409), Canada (357), Australia (263), France & Monaco (255), Switzerland (211), Taiwan (131) and India (103). Automobili Lamborghini S.p.A. Stephan Winkelmann Discover more: https://lnkd.in/da9YvGmS __ CO2 Emission and Fuel consumption Combined: https://lam.bo/CE_Fb

“E-mobility is a team sport,” stated Luca de Meo, CEO of Renault, yesterday at the Annual Reception of the European Automobile Manufacturers' Association (ACEA). This is exactly what we had in mind when we suggested to organise a Board-to-Board meeting between our organisations (the first of its kind) to discuss how we can work together to improve the experience of our customers. #EVcharging and the automotive side are not only part of the same ecosystem: they’re also part of the same customer journey. We are in it together: let’s collaborate to make the customer experience seamless. 💪 There’s an ecosystem to build: we, the industry, can take the matter in our own hands, and self-organise to do it! Following this first Board-to-Board exchange, we look forward to continuing the dialogue and collaboration with the European Automobile Manufacturers' Association (ACEA).

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👏 👏 👏 👏 👏 👏 👏 👏 👏 I actually quoted Luca de Meo a few months ago, and I'm going to do it again: "For the automotive industry, the age-old mantra was scale and efficiency. Now a new imperative has come to light: innovation and strategic agility." "Now we have to excel in several disciplines with very different and specific requirements: electric vehicles, software, mobility services, the circular economy…" Every single word is correct. But doing it is where the challenge is. This new ecosystem we live in which has an emphasise on software has brought in new challenges such as safety and cybersecurity. This shift has created a breakdown in communication due to different 'tribes' of people now in the product development process. This has created a new skill requirement which is the ability to communicate and work across teams that have different communication styles and understanding of priorities. This is why having someone/a team of people who understand the critical details between the moving parts to create a robust, forward thinking strategy and STICKS TO IT! As well, this strategy needs to come from the TOP down, with every layer buying into the strategy. The journey to the vision is never problem free, but having the belief and being brave to stick to it is the key. Well done to the team at Renault Group, they have created a clear strategy and are implementing it, (which by the way is not as common as you might think!) #ElectricVehicles #AutonomousDriving #SoftwareDefinedVehicles #Automotive

For the 10 days, we will present the founding story of France's leading companies. Today is the second day, and it's about Renault Group! Once upon a time in 1898, in the land of croissants and the Eiffel Tower, visionary brothers, Louis, Marcel, and Fernand Renault, decided that horses were so passé. Thus, they embarked on a journey to revolutionize transportation with something a bit more...mechanical. Enter the Renault Voiturette, the first car produced by the Renault Frères, literally kick-starting the engine of the automotive industry in France. The Renault Group story is a mix of innovation, family drama, and a touch of French flair. Imagine Louis Renault driving his Voiturette up the steep Rue Lepic in Montmartre, not just to show off but to secure his first sale. It was the equivalent of dropping the mic at a Parisian salon. The Renault brothers weren't just carmakers; they were pioneers of the first Grand Prix races, essentially turning the streets of France into the Fast & Furious of the early 1900s. But it wasn't all smooth driving. World Wars saw the Renault factories pivot dramatically to produce tanks, airplanes, and even tractors, showcasing a resilience and adaptability that's quintessentially French. Through ups and downs, including nationalization and then privatization, Renault has maintained its je ne sais quoi, merging with Nissan Motor Corporation at the turn of the millennium to become a global automotive powerhouse. This alliance was less about creating a Franco-Japanese fusion cuisine and more about sharing a recipe for success in the competitive world of car manufacturing. So, here's to Renault Group – from a humble voiturette to a leader in electric vehicles, they've shown that with a bit of ingenuity (and perhaps a glass of Bordeaux in hand), the road to innovation is best traveled together. Stay tuned for more inspiring tales of innovation mixed with a dash of humor from France's manufacturing legends! For more details on Renault's fascinating journey, please visit... https://lnkd.in/eRdZbv9T https://lnkd.in/eSSeaqar #renault #nissan #FrenchInnovation #AutoInnovatorsJourney #EuroInnovators

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🚗 No more company car for me! After three decades of steering through the slow and the fast lane, today marks a significant shift as I decided not to take another company car and gave back my last one. 🌟 I've had the privilege of being accompanied by a succession of company cars since 1994 that were more than mere means of transportation—they were silent companions through countless meetings, endless phone calls in traffic jams, great trips with the family throughout Europe, and much more. 🔙 And yes, I am emotional and nostalgic about it, as all these cars were important to me at their time. From the humble yet sprightly Renault Twingo – two-seated to get a fiscal advantage in Paris - , which kicked off our journey in 1994, to the state-of-the-art electric Porsche Taycan that I bid farewell to today, each car has been a testament to the era it represented. They've witnessed the changing landscapes of both roads and business, adapting to the pace of innovation and the shifts towards sustainability. 🤔 One thing I noted, which makes me sad, is that the size, the weight, and thus the consumption did increase over time. Which is basically the contrary of technological progress. Any preference in the (funny) list? #CareerJourney #EndOfAnEra #Sustainability #AutomotiveInnovation

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