Renault Announces 2027 Game Plan
The brand said it will invest $3.17 billion to launch eight models globally, including five in high-value segments.
The Niagara Concept, a pickup powered by a new hybrid four-wheel-drive technology, is one of the products Renault plans.
IMAGE: Renault
Renault presented a "game plan" to invest $3.17 billion to launch eight models globally, including five in high-value segments, by 2027.
It said it plans to sell one out of every three vehicles as electric or hybrid outside of Europe by then and that it will use two platforms to create customer value and increase the brand's competitiveness:
A new Renault Group modular platform dedicated to four different regions: Latin America, North Africa, Türkiye and India
A Compact Modular Architecture platform for the D- and E segments, based in South Korea in partnership with Geely.
Its stated goal is to double net revenue per unit sold outside of Europe during the period compared to 2019 for the Renault brand.
Originally posted on Auto Dealer Today
More Showroom
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
The Trade-In Paradox
Retailing older cars with confidence in today’s market is a matter of establishing and following a clear process that can turn greater profit for auto dealers as they aim to meet used-unit hunger.
Read More →
Focus on Vehicle Cabins
The market for interior materials will grow in coming years as automakers look to meet consumer demand while staying competitive with changeups to sourcing and included features.
Read More →
State Follows Federal Warning on Auto Ads
The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
Read More →
European EV Market Hits Record
Seven out of the top 10 electric vehicles sold so far in 2026 in Europe are by European brands, and automakers are seeing the power train fill up their order books.
Read More →
Used EVs Outpace New
While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
Read More →
New Vehicles Down for Most Brands
Healthy May sales cut into inventory as automakers kept a tight reign on supply, though some brands ended the month with excess units on the ground.
Read More →
Auto Prices Ride May Moderation
Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
Read More →
Mitsubishi Sets Growth Strategy, Structural Transformation
The Japanese automaker aims to 'strengthen products and technologies that embody its brand identity,' focus on its strongest markets and expand value-chain businesses 'that leverage its unique strengths.'
Read More →
Affordable, Safe Cars for Teen Drivers
Families looking to balance affordability and safety in vehicles for their teen drivers can look to the updated list of recommended vehicles by IIHS and Consumer Reports.
Read More →