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
Auto Transaction Prices Hit New Height
October sales of big, pricey models push up the average, even as budget-conscious consumers snag more economical options.
Read More →
Making the Safe Choice
Kelley Blue Book has turned households with teen drivers onto safe and affordable options for their vehicles of choice
Read More →
Inventory Holds Steady
September new-vehicle inventory rose slightly month-over-month, but dealer lots are laden with MY2026 vehicles as the typical model year changeover trudges along.
Read More →
October Auto Sales Fall With the Leaves
A forecast anticipates retail deliveries are down this month as consumers continue to face cost challenges, though more are tapping long loans in order to buy.
Read More →
California Sees Quarterly Gains
California’s new-vehicle market saw a boost in hybrids in the third quarter and its first overall quarterly market gain of the year.
Read More →
New-Vehicle Prices Stay Put
Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.
Read More →
EV Buyer Consideration Shifts
What drives American consumers to purchase an electric vehicle is shifting as the question moves away from Should I?' to 'Which features and experience do I want to have?'
Read More →
Year-to-Date Auto Sales Holding Their Own
A forecast through August shows that automakers have shifted strategies to keep deliveries and revenues up despite tariffs and other economic challenges.
Read More →
Slow to Robo
Ten years of polling consumers shows autonomous vehicles’ profiles have risen considerably, but even more people now want at least some level of control if they go that route.
Read More →
Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
Read More →