Earnings release
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GROUPE RENAULT PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic • Group revenues reached € 10 billion ( -1.1 % ) in the first quarter of 2021 . At constant exchange rates¹ , revenues would have been up 4.4 % . • • • • Automotive excluding AVTOVAZ revenues were stable at € 8.6 billion . The highlight of the quarter was the price effect , positive by more than 6 points thanks to the new commercial policy of the strategic plan " Renaulution ” . Group global sales were up 1.1 % at 665,038 vehicles in the quarter . Renault brand sold 42,951 electric and hybrid vehicles in the first quarter 2021. From the second quarter , Renault will propose three new E - TECH hybrid and plug - in hybrid offers . Dacia has performed well with its new models . The launch of New Sandero is a success with a portfolio representing more than 3 months of sales . New Dacia Spring , the brand's first electric vehicle , has already registered nearly 10,000 pre - orders . Boulogne - Billancourt , 04/22/2021 COMMERCIAL RESULTS : FIRST QUARTER HIGHLIGHTS In a context still disturbed by the pandemic , Groupe Renault sold 665,038 vehicles in the first quarter of 2021 , up 1.1 % compared to the first quarter of 2020. This start of the year has confirmed the positive impact of the Group's profitability - oriented commercial policy , with a price effect of over 6 points . Besides , the Group is progressing on the most profitable sales channels . Renault Brand Renault brand sold 433,662 vehicles in the first quarter of 2021 , up 1.3 % compared to the first quarter of 2020 . In Europe , the market was up 3.9 % supported by the strong momentum of the light commercial vehicle market . In this context , the Renault brand sold 250,163 vehicles up 2.7 % . In the European passenger car market , the electric and electrified versions of the Renault brand represented 23 % of its registrations . After the launch of Twingo E - TECH Electric , Renault brand continues to expand its line - up with the arrival of New Arkana E - TECH hybrid , New Captur E - TECH hybrid et New Mégane hatchback E - TECH plug - in hybrid in the second quarter . In regions outside Europe , Renault is focusing on the most profitable segments : in India , the brand has successfully launched New Kiger in the fast - growing compact SUV segment ; and in Russia , New Duster , on sale since March , is off to a strong start with a high version mix . 1 In order to analyze the change in consolidated revenues at constant perimeter and exchange rates , Groupe Renault recalculates revenues for the current year by applying the average annual exchange rates of the previous year and excluding significant changes in perimeter that occurred during the year .