Objectives

• Sell an additional 800,000 vehicles in 2009 compared to 2005
• From 2008 in Europe, sell 1 million vehicles emitting less than 140g/km of CO2, of which one-third will emit less than 120g
• Offer a line of vehicles able to run on biofuels

Opportunities

• An unprecedented product offensive, with the launch of 26 new models between 2006 and 2009:
  - renewal of the existing product range,
  - reinforcement of the luxury offer,
  - innovation in markets where Renault is not yet present,
  - design of models specifically for export.

• Development of international sales
  The objective is to achieve 37% of sales outside Europe by 2009, by expanding the product range and designing vehicles for specific markets. For the first half of 2008, this percentage already reached 35%.  

• Optimize R&D spendings to design vehicles that are increasingly environmentally-friendly, and offer a range of alternative technologies (biofuel, electric and gas-powered vehicles).

Review of progress

• Strengthened international production capacities. Between 2005 and 2007, annual production capacity increased by around 600,000 units.
  

• Consolidation of positions in fast-growing markets:
  - a partnership, announced end-2007, with a Russian automaker, AvtoVaz, 
  - a new factory being built in Chennai (India),
  - an agreement to create a production site in Tangiers (Morocco) by 2010.
  

• Solid progress on the product range renewal:
  - the continuing revamp of the product line-up,
  - launch of the Group's first cross-over vehicle in South Korea (QM5) and in Europe (Koleos),
  - launch of the Sandero in South America and in Europe.
  

• Environmental and affordable vehicles:
  - launch of the Renault eco2 signature,
  - 867,000 vehicles emitting less than 140g/km of CO2 sold in 2007 in Europe,
  - launch of biofuel-powered vehicles: Trafic, Master B30 and Mégane Bioethanol E85,
  - a partnership between Renault Nissan and Project Better Place to mass-market electric vehicles in Israel and Denmark by 2011.