核心战略落地：价值创造为核，盈利能力提升 集团坚定不移推行"价值创造"核心商业策略，成效显著。欧洲五大零售市场贡献了集团近60%的乘用车销量，其中3款车型跻身该类别销 量前五，头部产品号召力突出。高端化布局持续深化，欧洲C级及以上车型销量占集团乘用车总销量的31.1%，产品结构持续优化。同时，车 辆残值管理表现优异，较欧洲竞品高出5-12个百分点，进一步增强了产品全生命周期竞争力。 电动化转型：双路径并行，品牌多点突破 在欧洲乘用车市场，雷诺集团电动化进程加速推进，全年混动车型销量达40万辆，同比增长35.1%；电动车型销量19.4万辆，同比激增 76.7%，双动力路径成效凸显。 雷诺品牌以新车型为引领，电动车型占乘用车销量比重达20.2%，其中雷诺5 E-Tech电动版位列欧洲零售市场第二畅销电动车；混动车型 销量28.7万辆，同比增长17.0%，占品牌乘用车销量的38.4%，稳居欧洲混动市场第二位，Symbioz成为最畅销混动车型。达契亚品牌电动化转 型提速，全年混动车型注册量11.3万辆，同比暴涨121.7%，成为品牌增长新动力。 三大品牌细分表现：各有侧重，协同增长 2025年，雷诺集团全球销量再攀新 ...

Core Insights - Renault Group achieved a third consecutive year of growth, with a total of 2,336,807 vehicles sold globally in 2025, reflecting a 3.2% increase compared to 2024, outperforming the overall market growth of 1.6% [4][15] - The growth was driven by strong international sales and a focus on electrification, with two-thirds of Renault's sales being electrified vehicles (EV and HEV) [2][4] Renault Brand Performance - Renault sold 1,628,030 vehicles in 2025, marking a 3.2% increase, with a notable 10.0% growth in global passenger car sales [4][14] - In Europe, Renault secured the second position in the passenger car and light commercial vehicle market, achieving a 7.4% growth in passenger car sales [3][4] - Full hybrid sales rose by 17.0%, reaching approximately 287,000 units, which accounted for 38.4% of the brand's passenger car sales, significantly above the market average [3][4] Dacia Brand Performance - Dacia recorded 697,408 vehicle sales in 2025, representing a 3.1% growth compared to 2024, and became the second-largest brand among retail customers in Europe [7][8] - The brand's hybrid sales more than doubled, increasing by 121.7%, now accounting for 19.2% of its total passenger car sales [10] Alpine Brand Performance - Alpine achieved a historic performance with 10,970 vehicle registrations in 2025, reflecting a remarkable growth of 139.2% [10][11] - The brand's expansion included the successful launch of the Alpine A290 and the introduction of the new Alpine A390, which is expected to attract new customers [10][11] International Sales Growth - Renault's international sales grew by 11.7%, with significant increases in core markets such as Latin America (+11.3%), South Korea (+55.9%), and Morocco (+44.8%) [4][6] - Outside Europe, Renault's passenger car and light commercial vehicle sales accounted for 38% of total brand volumes, up by 2.9 points [6] Electrification Strategy - Renault Group's electrification offensive continued, with approximately 400,000 hybrid vehicles sold (+35.1%) and around 194,000 electric vehicles sold (+76.7%) in 2025 [4][5] - The Renault brand's electric vehicles now account for 20.2% of its passenger car sales, supported by new models and a strong focus on hybrid sales [5][10] Future Outlook - In 2026, Renault Group plans to continue its product offensive, introducing new models such as the Renault Clio and Twingo E-Tech electric, while expanding its international growth strategy [4][13]