European car market ambitions sharpen as Renault Group unveils futuREady plan

Renault Group’s new strategy targets 36 model launches by 2030, wider electrification, stronger customer loyalty and an average annual Automotive free cash flow of at least €1.5 billion, with CEO François Provost positioning the plan around long term resilience, technology and operational discipline.

Renault Group has opened a new strategic phase with the launch of futuREady, a plan designed to carry the company beyond the gains of its earlier Renaulution programme and position it as what it calls the reference European carmaker with global reach. The strategy was presented on March 10, 2026, with the company tying its next phase of growth to product expansion, customer experience, technology, operational performance and stakeholder commitment.
At the centre of the plan is a fresh product cycle. Renault Group says it will launch 36 new models between now and 2030, including 22 in Europe and 14 for international markets, while continuing to widen electrification across its brands. Renault brand is targeting more than 2 million annual sales by 2030, with half of those sales outside Europe, while Dacia and Alpine are also assigned distinct growth paths within the wider strategy.

François Provost, CEO, Renault Group, said the new plan had been developed to deliver robust and sustainable performance in a more competitive environment. He said the group was seeking to build on the strength of its brands, products and financial results, while using the plan’s four pillars of growth, technology, excellence and trust to support long term performance. Renault Group describes futuREady as a move from a success story to a success system.
The technology roadmap is a major part of the strategy. Renault Group says it plans to prepare the next generation of C segment electric vehicles through its RGEV Medium 2.0 platform, with targeted range capability of up to 750 kilometres WLTP for an electric version and up to 1,400 kilometres with a range extender. The company also says it aims to be the first European carmaker to launch a software defined vehicle in Europe in 2026.

Operational performance is another key focus. Renault Group says it wants to compete more closely on cost, speed and innovation, including a target of developing a vehicle in two years. It is also aiming for lower production costs, fewer quality incidents, reduced logistics costs and tighter control over fixed costs, while relying more heavily on data, AI and digital industrial systems across manufacturing and supply chain operations.
Financially, the group says it is targeting a medium term operating margin of between 5 percent and 7 percent of revenue, with Automotive free cash flow of at least €1.5 billion on average each year. Its strategy also says spending on research and development, capital expenditure and supplier entry tickets is expected to remain below 8 percent of group revenue.

The plan also gives weight to partnerships, dealer networks, suppliers and employees. Renault Group says it expects to produce more than 300,000 vehicles per year for other manufacturers by 2030 across Europe, India, South Korea and South America, while continuing to rely on targeted international agreements and its existing industrial base in Europe.

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