Renault RENA.PA announced Monday that Dacia, the group’s “low cost” brand, should double its turnover and profitability by 2030.
During an event organized in Romania, Dacia’s country of origin, the French car manufacturer revealed new prospects for the brand, including a doubling of its turnover.
“(It) should come half from the volume and half from the mix and the price,” the group said in a press release.
Dacia said it expects an ROCE higher than that of Renault, adding that this should be multiplied by two between 2022 and 2030.
Dacia has only one 100% electric vehicle in its current range, the small Spring manufactured in China and as such exposed to additional European customs duties of 21%.
“Dacia will gradually move from accessible electrified thermal solutions to affordable electric vehicle offerings in Europe,” added the brand in its press release, without further details.
(Written by Augustin Turpin)