Renault Group (RENA.PA) reported a 7.3% increase in first-quarter revenue on Thursday, significantly exceeding analyst expectations. The growth was driven by strong sales of the new Clio 6 and contributions from its alliance partners, according to a company statement.
The French automaker's revenue reached β¬11.7 billion in the first three months of 2026, compared to β¬10.9 billion in the same period last year. Analysts had forecast a more modest increase of around 4%.
Renault highlighted the successful launch of the Clio 6, which has seen robust demand in Europe, as a key factor. Additionally, contributions from partners Nissan and Mitsubishi boosted the top line.
Shares in Renault rose 2.5% in morning trading following the announcement. The company maintained its full-year outlook, citing a strong order book and improving supply chain conditions.
