There will be “no turning back” for the Renault Group, CEO Luca de Meo has said, as the firm set a new record for operating margin (profit) per vehicle during 2022.
It generated €46.4 billion (£41.8bn) in revenue during 2022, an 11.4% improvement on the previous year.
Its operating margin stood at €2.6 billion (£2.3bn), up €1.4bn (£1.2b) year on year.
Such success came despite a €2.3bn