In 2021, Renault Trucks increased revenue by 25% compared to the previous year. The French manufacturer recorded 51,460 vehicles in its total invoicing, despite the disruption to supplies to its production lines. Renault Trucks also recorded a 44% increase in its order intake. More into details, Renault Trucks sold 24,760 vehicles in Europe (excluding France), 21,222 in France and 5,478 to the rest of the world. By tonnage, heavy and medium duty ranges accounted for 33,422 trucks, while light commercial vehicles for 18,038 units.
Renault Trucks: revenues and market shares
In France, the manufacturer now boasts a ten-year high market share of 29.8%. The brand performed particularly well in Poland, with an 89% increase (1,705 vehicles), and the UK (+56%). In the over 16t segment, registrations rose by 20.7%, enabling Renault Trucks to stabilise its market share at 8.8%. Moreover, Renault Trucks is keeping pace with the 6-16t market, with its share up 0.7 points to 7.3% and registrations increasing by 11%. On the LCV market, Renault Trucks’ invoicing rose by 20%, with significant increases in the Netherlands (+57%), Belgium, the UK (+20%), Central Europe and Italy (+45%).
As for electromobility (here’s our report from Blainville-sur-Orne, the group’s production plant for medium-duty electric trucks), Renault Trucks’ range of electric trucks has been constantly expanding and its sales volumes reflect this rapid progress: in 2021, 249 electric trucks were delivered and 613 were ordered. In a European market where volumes remain modest (450 registrations), the manufacturer’s share stands at 17%. As already stated, Renault Trucks is stepping up its strategy with increased ambitions: 50% of its sales volumes in 2030 will comprise electric vehicles and 100% of the vehicles it markets will be carbon neutral by 2040.