Press release
Press release

Renault Retail Group presents its project to change scope between now and 2024

  • Renault Retail Group (RRG) is planning to resize its business activities in France.
  • The project will involve the sale of ten dealerships to reliable and robust purchasers, safeguarding jobs.
  • The project will enable RRG to pursue its recovery and optimize future investments.

27 February 2020  14:31

Paris, February 27, 2020 – Against a backdrop of a deep-seated transformation in the automotive market and constantly evolving customer needs, Renault Retail Group (RRG) presented its project to change scope between now and 2024 to the Central Social and Economic Committee (CSEC) on February 27.

To ensure sustainable and profitable growth, RRG’s project responds to three key issues:

  • Prepare for the future by adapting to new consumer behavior, notably the digitalization of the customer journey,
  • Adapt its business scope to concentrate investments and support business growth,
  • Safeguard jobs and the representativeness of Groupe Renault brands in France.

In France, the project comprises the disposal of ten dealerships and the property sale of RRG’s Grenelle site in Paris. With support from Renault’s Market Area, France, the group has identified reliable and robust buyers (already marketing the group’s brands) enabling the continuation of business activity and the protection of jobs.

Renault Retail Group, a wholly owned subsidiary of Renault, is the number-two automotive distribution company in Europe, with two million customers. Renault Retail Group markets the Renault, Dacia and Nissan brands and has 12,000 employees at 275 sites in 14 European countries (94 sites in France). In 2019, Renault Retail Group realized 35% of the sales volume in France and 20% in Europe.

Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 4 complementary brands - Renault, Dacia, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. Established in more than 130 countries, the Group has sold 2.7 million vehicles in 2021. It employs nearly 111,000 people who embody its Purpose every day, so that mobility brings people closer. Ready to pursue challenges both on the road and in competition, Renault Group is committed to an ambitious transformation that will generate value. This is centred on the development of new technologies and services, and a new range of even more competitive, balanced and electrified vehicles. In line with environmental challenges, the Group’s ambition is to achieve carbon neutrality in Europe by 2040. https://www.renaultgroup.com/en/



Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 4 complementary brands - Renault, Dacia, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. Established in more than 130 countries, the Group has sold 2.7 million vehicles in 2021. It employs nearly 111,000 people who embody its Purpose every day, so that mobility brings people closer. Ready to pursue challenges both on the road and in competition, Renault Group is committed to an ambitious transformation that will generate value. This is centred on the development of new technologies and services, and a new range of even more competitive, balanced and electrified vehicles. In line with environmental challenges, the Group’s ambition is to achieve carbon neutrality in Europe by 2040. https://www.renaultgroup.com/en/