Renault swings to €10.93bn loss on Nissan accounting change

Renault Group posted a 2025 nett nonaccomplishment aft accounting adjustments tied to its Nissan stake, contempt higher revenue, coagulated margins and affirmative automotive currency flow.

Group gross accrued 3% twelvemonth connected twelvemonth to €57.92bn, oregon 4.5% astatine changeless speech rates, supported by maturation crossed Renault, Dacia and Alpine and advancement successful planetary and electrification initiatives.

Operating borderline reached €3.63bn, adjacent to 6.3% of revenue.

In 2025, nett income, Group share, was a nonaccomplishment of €10.93bn, compared with affirmative nett income of €752m successful 2024.

It includes a €9.31bn non-cash complaint from the revised accounting attraction of the Nissan concern and a €2.33bn nonaccomplishment from associated companies.

Excluding Nissan-related impacts, nett income was €715m.

Automotive escaped currency travel amounted to €1.47bn, including €300m successful dividends from Mobilize Financial Services.

Automotive nett currency accrued to €7.37bn arsenic of 31 December 2025, up from €7.09bn arsenic of 31 December 2024.

Total inventories were 539,000 vehicles.

Renault Group sold 2,336,807 vehicles successful 2025, up 3.2% and up of a planetary marketplace that grew 1.6%.

Alpine registrations exceeded 10,000.

Outside Europe, Renault marque income accrued 11.7%, led by Latin America (up 11.3%), South Korea (55.9%) and Morocco (44.8%).

Electrified volumes expanded strongly: EV income roseate 77.3% and hybrids 35.2%, representing 14% and 30% of full income respectively.

The Renault brand’s EV premix reached 20.3%, portion Dacia hybrid income grew 122%.

Automotive gross roseate 1.8% to €51.44bn, reflecting a favourable merchandise premix from caller launches including the Dacia Bigster, Renault 5 and Renault Symbioz.

This was partially offset by currency headwinds and pricing unit successful Europe.

Automotive operating borderline was €2.18bn, oregon 4.2%, compared with €2.99bn successful 2024, affected by currency movements, a higher EV mix, weaker airy commercialized conveyance income and the deconsolidation of Horse Powertrain.

Other operating income and expenses totalled antagonistic €11.49bn, including the Nissan accounting loss, €0.9bn of impairments and €0.4bn of restructuring costs, resulting successful radical operating income of antagonistic €7.86bn.

Associated companies contributed antagonistic €2.19bn, chiefly from Nissan, portion Mobilize Financial Services added €1.47bn to operating margin.

Renault Group CEO François Provost said: “Our 2025 results, successful a challenging marketplace environment, show our teams' committedness to delivering consistent, top-tier show among automotive manufacture players. This show underscores the spot of our fundamentals and our agility.”