[Autohome News] Recently, Renault Group announced its 2023 performance, with a group revenue of 52.4 billion euros, a year-on-year increase of 13.1% and a fixed exchange rate increase of 17.9%; The group's operating profit margin was 7.9%, reaching 4.1 billion euros, a year-on-year increase of 1.5 billion euros; The operating profit margin of automobiles was 6.3%, reaching 3.1 billion euros, a year-on-year increase of 1.6 billion euros; Net income of 2.3 billion euros, a year-on-year increase of 3 billion euros; Free cash flow of 3 billion euros, a year-on-year increase of 900 million euros; The net cash financial position of automobiles was 3.7 billion euros, an increase of 3.2 billion euros year-on-year.

In 2023, in Europe, the Renault Group had two models that entered the top three best-selling models, and the Renault brand itself jumped from fifth place to second place. In 2024, launching 10 new car products and accelerating cost reduction actions will become the main factors in improving operational performance and strong cash flow. Renault Group's 2024 goal is to achieve a group operating profit margin of ≥ 7.5%; Free cash flow ≥ 2.5 billion euros.

The three major brands complement each other's advantages and achieve strong growth: global group sales increased by 9% compared to 2022, reaching 2235000 vehicles. The European market grew by 18.6%, which is 4.7% higher than the overall market growth. Renault has become one of the world's best-selling French brands, ranking second in the European passenger car and light commercial vehicle market, first in the European light commercial vehicle market, and maintaining a leading position in the French passenger car and light commercial vehicle market. Clio became the best-selling model in France in 2023 (combined across all sales channels) and ranked third in Europe.

Dacia ranks 11th in the European passenger car and light commercial vehicle market (up 4 places). Entered the top ten in the European passenger car market. The brand has consolidated its important position in the European retail automotive market, ranking second. Alpine sales increased by 22.1% compared to 2022. The Alpine A110 continues to maintain its leading position as a two seater sports car in Europe in 2023.

Thanks to the success of Arkana, Australia, Espace E-TECH hybrid and Megane E-TECH pure electric versions, Renault's sales in the European C-class and above segment markets increased by 26% compared to 2022. In the European market, segment C and above accounts for 42% of Renault's brand sales portfolio, an increase of 3% compared to 2022.

The Renault brand ranks third in Europe in the field of new energy passenger vehicles, with sales increasing by 19.7% compared to 2022, accounting for 39.7% of its European passenger vehicle sales (with pure electric vehicles accounting for 11.3%). The sales of hybrid vehicles increased by 62%, further driving this trend. Australia, Clio (parameters | inquiry), and Capture are among the top ten best-selling hybrid models in Europe.

Dacia has launched a smooth new energy strategy: since its launch in January 2023, the Dacia Jogger Hybrid 140 has accounted for more than 25% of Jogger orders, and the pure electric Dacia Spri