RENAULT 2008 STATUS · RENAULT 2008 STATUS Thierry Moulonguet CFO & Executive Vice President. ......

March 2008 RENAULT INV ESTOR RELATIONS

RENAULT 2008 STATUS

Thierry MoulonguetCFO & Executive Vice President

March 2008 RENAULT INV ESTOR RELATIONS 2

PROGRESS SINCE 200501OUTLOOK FOR 2008 AND BEYOND02

AGENDA


01 PROGRESS SINCE 2005


0%

1%

2%

6%

2005 2006 2007

RENAULT COMMITTED

3,2%

2,5%

3%

4%

5%

2008 2009

3%

! Purchasing performance

! Manufacturing

! Logistics

! G&A

! Distribution costs

! Investment costs

2009 ObjectivesCOST REDUCTION

- 14%*

- 12%

- 9%

< 4% revenues

- 8% per unit in Europe

- 50%

3,3%

ActualMilestonesCommitment

4,5%

6%

2,56%

* 2008 Objective


1,323 1,354

COP2005

COP2007

- 184

- 700

+ 199

+ 148+ 102 + 31G&A

Warranty

Manuf. & Log.

Purchasing

Others

+ 1,398

+ 134

R&D

COST REDUCTION & SALES CLEANING IN 2006 & 2007

- 1098

3.3%

Currency

3.2%

Context Growth Costs

- 2.2% (884) - 2.7% (1,098) + 4.9% (1,981)

Volume / Mix / PriceEnrichment, Rebates

Raw Materials

(all figures in million euros)


! Purchasing performance

! Manufacturing

! Logistics

! G&A

! Distribution costs

! Investment costs

2009 Objectives2009 Objectives

- 9.1% - 14%*

- 5.4% - 12%

- 7.3% - 9%

- 5% < 4% revenues(ie 4.8% rev.)

+ 3.1% - 8% per unit in Europe

- 35% - 50%

2007 2007 vsvs 20052005

* 2008 Objective

COST REDUCTION


TOTAL WARRANTY EXPENSES

H12001

6-month rolling average

H22001

H12002

H22002

H12003

H22003

H12004

H22004

H12005

H22005

H12006

H22006

H12007

H22007

Selective Commercial Policy


SALES CLEANING COMPLETED

2004 2005

6%

8%

10%

12%

14%

J F MA M J J A S O N D J F M A MJ J A S O N D J F MA MJ J A S O N D J F M A MJ J A S O N D J

2005 2006 2006 2007 2007 2008

Retail

CorporateFleet

Self registration

G5 TotalG5 Total

(Sliding average 12 months Car+ LCV)

Renault Group market share by Sales ChannelG5 countries (FRA, GER, ITA, SPA, U-K)

Short-term rental


SALES INCENTIVE EVOLUTION

Jan05

4-month rolling average in Europe since Jan. 2005

Apr05

Jul05

Oct05

Jan06

Apr06

Jul06

Oct06

Jan07

Apr07

Jul07

Oct07

Jan08

New Twingo

New Laguna



LAGUNA’S WORLDWIDE SALES SINCE 2005

0

2,000

4,000

6,000

8,000

10,000

12,000

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J

2005 2006 2006 2007 2007 2008

14,000

16,000Laguna II New Laguna


LAGUNA’S EUROPEAN NET SALES REVENUES PER UNIT

Laguna II

New Laguna> + 20%

JAN 2005 JAN 2006 JAN 2007 JAN 2008


LAGUNA TOP 3 QUALITY ON TRACK

LAUNCH +2w +4w +6w +8w +10w +12w +14w +16w +18w +20w +22w +24w +26w +28w

Warranty claims up to 28 weeks after sales launch

Modus

Clio

Twingo

Laguna

Laguna Estate





RENAULT ‘A’ SEGMENT SALES IN EUROPE SINCE 2005

0

5,000

10,000

15,000

20,000

25,000

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J

2005 2006 2006 2007 2007 2008

NOVO MESTO PLANT CAPACITY

Twingo I

Clio II HB

Twingo II


CAPACITY CHANGE

2005 2007

WESTERN EUROPE

- 326k

Outsideof WE*

+ 200k

* Iran figures not incl.

PRODUCTION OUTSIDE OF WE FOR SALES IN WE

2005 = 19%2007 = 33%


0

5

10

15

20

25

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2004 2005 2006 2007 2008 2009

R&D EXPENSES TO CONTINUE THE PRODUCT OFFENSIVE

Number of models in development

1.0

1.5

2.0

2.5

3.0R&D (billion euros)

2,4622,400

2,2641,961

1,8501,963

1,676

2,034

Total R&DExpensed R&D


16,0

17,9 17,7 17,7

14,5

17,2

4,65,5

5,0 4,9 5,5 5,3

10,3 9,79,1

10,6 10,509,5

dec-02 dec-03 dec-04 IFRS

dec-05IFRS

dec-06IFRS

dec-07IFRS

Customer outstanding Floor plan outstanding New financing

373

457491

460

295

442

189

316

256 266311 305

15,7% 15,1%13,6%

17,5%15,5% 15,1%

2002 2003 2004IFRS

2005IFRS

2006IFRS

2007IFRS

Results before tax Results after tax ROE (without NRE)

RCI 2007 RESULTS AND ROE IN LINE WITH 2006 …

" Despite difficult automotive environment, RCI Banque maintains its customer outstanding.

" ROE in line with 2006 and RCI Banque target

€Bn €M


RCIRetail activity accounts for 50 % of the outstanding

" Maintenance contracts " Roadside assistance " Extended warranties " Replacement vehicles" Insurance (credit, damage…)" Fuel cards

" Inventories (new cars, second hand cars, spare parts)

" Standard loans : cash facilities , medium term loans, overdrafts

" Financial lease with a buy-back given by the dealer

" Operational lease with the residual value risk retained mainly by the Renault Group or dealers

" Fleet Management (services and management without financing)

" Retail financing

" Leasing

" Balloon financing packages

" Revolving cards

" Personal loans

" Debit/creditcard

DEALER FINANCING

CORPORATE FINANCING

RETAIL FINANCING

SERVICES

54%

24%

22%Corporate

Retail

Dealer


RCI Stability of the gross financial margin and results before tax,as %of average outstandings

" Despite interest rates rise, the gross financial margin has been maintained.

" Cost of risk is kept inside target (0.5%-0.7%)

" The repurchase of 50% in previous UK JV has a non recurring negative impact on operating costs in 2007

*NRE: non recurring elements **In M�

491

2,12%

-0,59%

-1,68%

4,41%

4.46%

1.13%

-1.18%

2006IFRS

460

2,01%

-0,64%

-1,78%

4.50%

4.38%

1.30%

-1.18%

2007 IFRS

457442373295Results before tax

(with NRE) In M�

-0,72%

-1,63%

-0,54%

-1,76%

-0,68%

-1,91%

-0,78%

-1,95%

Cost of risk (customer and dealers)

Operating expenses

4,52%

0,98%

-1,13%

4,41%

1,12%

-1,09%

4,48%

1,12%

-1,24%

4,22%

1,30%

-1,07%

Gross financial margin

Services and others products

Intermediation fees

2005IFRS

2004IFRS20032002In % of average

outstandings

1,61%

4.45%

2.00%2,04%1,87Results before tax

4,38%4,44%4.36%Net banking Income


(0,59%)

(0,40%)

5,41

(0,65%)

17,73

2006IFRS

2007IFRS

2005IFRS

2004IFRS20032002

(0,64%)(0,72%)(0,54%)(0,68%)(0,78%)Customer & Dealer cost of risk

17,3917,6016,4914,8013,70Customer average receivable(billion euros)

(0,63%)

4,59

(0,83%)

(0,51%)(0,18%)(0,47%)(0,39%)Dealer cost of risk

(0,69%)(0,86%)(0,57%)(0,78%)Customer cost of risk

5,475,305,235,10Dealer average receivable(billion euros)

RCICost of Customer and Dealer Risk


1680

7023

2002

4576

4225

743

2003

2003

2003

2003

2004

2004

2004

2004

2005

2005

2005

2005

2006

2006

2006

2006

2702

9091

3533

4701

3721

752

2002 2003 2004 2005 2006 2007

RCIA balanced funding profile split between different sources and maturities.

" Stand alone funding (without any Renault support)" 4 ABS programs have been launched since 2002 leading to an increase of long term liabilities.

M€

Equity Long term ( Bonds, MTN, SSD ) ABS Public (on B/S)Commercial Paper Banks Renault Group

51% 64%74%

70% 70% 66%

2002 2003 2004 2005 2006 2007

Long Long TermTerm

Short Short TermTerm

%


02 OUTLOOK FOR 2008 AND BEYOND

! Our strategy

! Growth in Europe

! Growth outside of Europe


FordFord

GM

-3 -2 -1 0 1 2 3

~4% 06-07

Average MOPRenault

2007 consolidated operating profit

THE ROAD TO RENAULT COMMITMENT 2009

-2%

0%

2%

4%

6%

8%

10%

12%

Global market share evolutionCar + LCV since 1999 (%)

Nissan Honda

ToyotaBMW

Daimler

Fiat

PSA

9900

01

0502

03

04

06

07DCX06

09VAG


20072006

Logan MCV

Logan Van

Twingo

Laguna

QM5 (Corée)

Sandero (Amér.)

Sedan, successorto Clio Symbol

H1 2008

Clio Grand Tour

Logan Pick-up

Laguna Coupé

Kangoo PC+LCV

Grand Modus

Kangoo Compact

Mégane

H2 2008

Expansionmodels

Replacementmodels

THE PRODUCT OFFENSIVE 2006-2008


YOUNGER MODEL RANGE IN EUROPE

Monthly average estimated model age

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

2001

Age (years)

2002 2003 2004 2005 2006 2007 2008 2009


CONDITIONS FOR GROWTH IN EUROPEREJUVENATED LINEUP

Model age(% vol.)

6%

< 2 years

Forecast

> 2 years

1995 1996 1997 2004 2005 2006 2007 2008 20091998 1999 2000 2001 2002 2003

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

14%9%

34%38%30% 21%35%

53%

30%33%30%25%

Renault group sales in Western Europe(million units)

26%43%

61%


2008-2009 FORECAST FOR SEGMENT SALES VARIATION

0 +100k 200k

D/E

C

A&B

B0

- 200k - 100k

LCV

0 +100k 200k

C

A&B

B0

- 200k - 100k

FRANCE + EUROPE INTERNATIONAL

D/E

LCV


02 OUTLOOK FOR 2008 AND BEYOND

! Our strategy

! Growth in Europe

! Growth outside of Europe


WHERE THE GROWTH IS…NON-MATURE MARKETS

0

10

20

30

40

50

60

70

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

Million vehicles

North AmericaWestern EuropeJapan

- 1% pa

Rest of the world+ 11% pa

Source: R&N Corporate Planning

+ 5% pa

+ 1% pa


India

W. E

urope

Brazil

S. Kore

aE. E

urope

Iran

Indon

esia

Pakist

anGCCTu

rkey

Ukraine

Mexico

Iraq

Maghre

bVen

ezue

laArge

ntina

Austra

lia

Taiw

an

Malays

ia

Roman

iaChil

e

0

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

1.8

2.0

Mill

ion

units

Colombia

South

Africa

Philipp

ines

Vietna

m

Egypt

Kazak

hstan

Russia

China+4.9M

Thail

and

WHERE THE GROWTH WILL BE…

2006-2015 TIV growthR&N Corporate Planning consensus

Mature markets

Semi-mature

New Fast Growing Markets (NFGM)

BRIC


! 6 Logan-platform derivatives by 2009more to come 2010 - 2012:

! Strong transaction price evolution(euro) Q1 20062006 2007 (H1)2007 (H1) 20072007France: ~10,100 ~10,150 ~10,600Romania: ~ 7,900 ~ 8,400 ~8,450Columbia: -- ~$12,150 ~12,100MCV ATP remains 2000 – 2500 euros higher than sedan

Logan SedanSOS: Sept. 2004

Logan MCVSOS: Oct. 2006

Logan VanSOS: Feb. 2007

SanderoSOS: 2008

Pick-upSOS: 2008

CrossoverSOP: 2009

More to come2010 - 2012

Logan…a unique economic equationFull speed in International expansion


Logan & SanderoRange extension

Strong sales increase under both brands

! Under the Dacia brand! Logan MCV and Logan Van! Success of Diesel

! Under the Renault brand ! International development

(Iran, India, Brazil)! Strong growth in Russia

! Sandero : 4th body built on same base


160160

250

0

100

200

300

00 01 02 03 04 05 06 07 08 09 10

RSM sales in KoreaProduction in KoreaVolumes (thousand units)

Year

119

Max. capacity

BUSAN PLANT OUTPUT

Export

300

Renault Samsung Motors

Full speed in International expansion



0

20

40

60

80

100

120

2007

Thousand units

SM3SM3

SM5SM5

SM7SM7

QM5QM5


48 %48 %48 %

IranIran

85 %85 %85 %KoreaKorea

82 %82 %82 %BrazilBrazil

58 %58 %58 %

RomaniaRomania40 %40 40 %%

TurkeyTurkey

79 %79 %79 %IndiaIndia

2008 Forecast

<70 % >70 % <80 % >80 % (target)

MoroccoMorocco

RussiaRussia60 %60 %60 %

61 %61 %61 %

Logan

New SM5LoganLogan

Logan

Logan

LoganClio III

Localization visibility (vehicle + powertrain)

Logan

Continued swift cost reduction


LCC SOURCING: JOINT FORECAST FOR PARTSBY PURCHASING & ENGINEERING TEAMS

LCCfor HCC*

62%

26%

2007status

84%

33%

2009forecast

all projects

LCCfor LI* + LCC

36%

2009J95 forecast* LI: Local Integration

* HCC: High Cost Countries


Purchasing PerformanceRenault Commitment 2009

! Without Raw MaterialsVisibility mini.

2006 – 2007Expected

2006 – 2008

- 4%

- 9%

- 14%

2006


COST COMPETITIVENESS: TODAY & TOMORROW

Iran

China

Russia & Thailand

Morocco

South KoreaRomania

Turkey

India

Com

petit

iven

ess

Com

petit

iven

ess

Colombia

Brazil

Argentina

Renault assembly plant

South Africa

Nissan assembly plant

Russia (Av tovaz)

Russia (Av toframos)

Partner assembly plant

Sourcing for Renault group plants

South Korea

China

India (Chennai)

India (Mumbai)

Iran (PK & IK)

Romania

Turkey

Morocco

26%

2007status

33%

2009forecast

LCCfor HCC*

*LCC: low cost countriesHCC: high cost countries

+

-

March 2008 RENAULT INV ESTOR RELATIONS 42Above 1 million vehicle capacity710k vehicle output in 2007 + 170k CKD

#1 Car OEM in Russia


…A permanent benchmark! A common purchasing structure: RNPO

! Common platforms

! Development of Interchangeable components־ Opportunity -- �500 M / year (2010 and beyond)

! Cross-manufacturing

! Cooperation on leading technologies

! Contribution to net result and dividend flows

Leveraging the Renault-Nissan Alliance…

431

FY 2006

456

FY 2007

383DividendsDividends

FY 2005In million euros


Pooling resources: Common platformsC platformsB platform C platform

- Nissan March / Micra- Nissan Cube- Renault Modus/Grand Modus- Nissan Tiida / Tiida Latio- Nissan Note- Renault Clio III- Nissan Wingroad- Nissan Bluebird Sylphy- Nissan Versa- Nissan Livina Genis

- Renault Mégane II / Scénic II- Renault Koleos- Nissan XTRAIL- Nissan Lafesta - Nissan Serena- Nissan Sentra- Nissan Qashqai/Rogue

B platformB platform C platformC platform



Common engines

Nissan LafestaNissan Tiida/LatioNissan SerenaNissan WingloadNissan Bluebird SylphyRenault Clio

S2G (1.5-L)

M1G (1.8,2.0-L)

Nissan Tiida／LatioNissan NoteNissan WingloadNissan Bluebird SylphyRenault TBD

M1D (2.0-L)

K9K (1.5-L)

Renault Clio Nissan Almera Renault Modus Nissan MicraRenault Kangoo Nissan Note Renault Megane Nissan Qashqai Renault ScenicRenault Logan

Nissan QashqaiRenault LagunaRenault MeganeRenault Scenic

Gasoline EngineGasoline Engine Diesel EnginePooling resources: Common engines




Diesel technologies! Alliance V6 for Infiniti & Renault high Infiniti & Renault high

end end ! Nissan European line-up! Maxima in US in 2010

Environmental Technology! RNO � diesel, flex-fuel, electric! NIS � hybrid, battery, fuel cell

Maxima � U.S. 2010Maxima Maxima �� U.S. 2010U.S. 2010

Laguna -- 2008Laguna Laguna ---- 20082008

Europe -- 2010Europe Europe ---- 20102010


Evolution of % of the Evolution of % of the RenaultRenault--Nissan Nissan commoncommon supplierssuppliers among top 100 suppliersamong top 100 suppliers

Evolution of the purchasing scope managed by RNPO Evolution of the purchasing scope managed by RNPO as % of the total purchases of Renault and Nissanas % of the total purchases of Renault and Nissan

2001

2006

30%

75% €€58 billion purchased 58 billion purchased by RNPO in 2007by RNPO in 2007

200420021999

64%

2006

21%32%

48%

2007 83%

RNPO


Cross-company purchasing (FY 2007):Renault to Nissan: € 1.5 bnNisan to Renault: €1.4 bn


China

Indonesia

Iran*

Japan

Taiwan

MalaysiaColombia

Morocco Thailand

Russia

MexicoUnited States

South Africa

Spain

United Kingdom

Argentina

Brazil

Slovenia

Chile

TurkeyFrance

South KoreaRomania

Egypt

Philippines

India*

* Utilization of partners’ facilities

Cross-manufacturing*:RENAULT PLANTSCuritiba: Frontier, XterraCuritiba: Aprio (Logan)

Maubeuge: KubistarBatilly: InterstarKorea (RSM): Almera


NISSAN

Dacia

Renault

RENAULT GROUP

NISSAN PLANTS Barcelona: Trafic, PrimastarMexico: Clio, Scénic, PlatinaSouth Africa: Sandero



ALLIANCE EXTENSION ON INTERNATIONAL OPERATIONS

PARTNER INDUSTRIALSUPPORT AVTOVAZ

INDUSTRIALCAPACITY

EXTENSION

TangerTangerMorrocoMorroco

ChennaiChennaiIndiaIndia


CO2 UPDATE03


! CO2 is key driver of environmental policies

! The EU is most severe on CO2 regulation and taxes

! The US had to accelerate on CO2

! Outside EU, dieselization is on the move

CO2 REDUCTION: A GLOBAL ACCELERATION


averagecustomer

value:*2004 : 24 €/g2012 : 52 €/g

1g CO2/km

CUSTOMER VALUE OF CO2 REDUCTION

Fuel consumption

CO2 National Taxations*Value is based on fuel savings over life of the vehicle, plus impact of CO2 taxes


200

400

600

800

1,000

1,200

2000 2001 2002 2003 2004 2005 2006 2007 2008

1,000,000

1/3 emitting less than 120 g/km CO2

1 million vehicles emitting less than 140 g/km CO2 in 2008

42 versions42 versions


121-140101-120European Union

sales(thousand vehicles)

ENVIRONMENTA WIDE OFFER UNDER 140 g/km CO2



333,333

Emission level (g/km CO2)


eco²3 CRITERIA FOR ECOLOGICAL & ECONOMICAL VEHICLES

& &

Low fuel consumption, tax management, affordabilityto a wide majority of customers supported by the ecological efficiency.

Below 140 g/CO2or biofuel-compatible

Produced in anIso-14001-certified plant

PRODUCTION

95% reusable by weight &at least 5% of recycled plastics

END-OF-LIFECO2 EMISSIONS

Ecological & Economical


OIL REFINEMENT

OIL

100,000

YEARS

SOLAR ENERGY

GAS STATIONCO

2

BREAKTHROUGH TECHNOLOGYCHANGE FROM OIL CYCLE


OIL REFINEMENT

OIL

100,000

YEARS

SOLAR ENERGY

GAS STATION

CHANGE FROM OIL CYCLE TO SOLAR CYCLE

SOLAR ENERGY 15

m²

15,000 km a yearCO

2

Zero emission

A ZERO EMISSION CAR IS TECHNICALLY FEASIBLE


CO2 EMISSION REDUCTION ISA CHALLENGE AND AN OPPORTUNITY FOR RENAULT

!Kaizen:! Compact cars

! Efficient diesel

! Downsized gasoline turbo

!Breakthroughs: ! Electric Vehicle

! Hybrid electric vehicle

! Fuel cells


VISIBILITY ON DIVIDEND INCREASE

In � per share

Dividends paid*

Dividends to be proposed

2.42.43.13.1

1.81.8

4.54.5

0

1

2

3

4

5

2005 2006 2007 2008 2009

Nissan dividend policy

3.83.8


!QUALITYNext Laguna in the Top 3 models of its category in quality.

!PROFITABILITY6% operating margin in 2009.

!GROWTH+ 800,000 vehicles between 2005 and 2009strongest period of growth in the history of Renault.






QUESTIONS & ANSWERS


Koleos


New Kangoo PC


New Kangoo LCV


Grand Modus


Clio Grand Tour


Logan Pick-up


Kangoo Express Compact


Laguna Coupé Concept


2007 FINANCIAL RESULTSRENAULT GROUP


OPERATING PROFIT VARIANCE ANALYSIS

CHANGE 2007 / 2006 : + €291m1,063 1,354

2006 2007

- 154

+ 210

- 241

+ 137

+ 134 + 44

- 20

- 57

Currency

VolumeSalesFinancing

G&A

Warranty

Mix / Price Enrichment

Manufacturing & Logistics

Purchasing

Other

(million euros)

+ 390

- 270 Rawmaterials

- 152

R&D


2007 Change2006(million euros)

Other operating income & expenses - 186 - 116 + 37.6%

Associated companies 2,277 1,675 - 26.4%

Net income 2,960 2,734 - 7.6%

Automobile net financial debt 2,414 2,088 - 13.5%

2007 FINANCIAL RESULTS

Worldwide sales – in K units 2,434 2,484 + 2.1%

Revenues 40,332 40,682 + 1.8%(1)

Operating margin 1,063 1,354 + 27.4%

in % of revenues 2.6% 3.3% + 0.7pt

(1) On a consistent basis, FY2006 = €39,969m


Cash FlowChangeIn WCR

Net tangible & intangible Investments

Dividends paid

Free Cash Flow

+ 4,552

- 1,287

- 2,278

+ 961

Development expensescapitalized

- 26

+ 37

Fairvalue

Net debt decrease

+ 326

Dec 31st 2007 : €2,088m

+ 241

Others

(million euros)

+ 936Dividends received from associated companies

- 913

- 109 Leasedvehicles

- 2,169 NetInv estments

AUTOMOBILE NET FINANCIAL DEBT EVOLUTION


OPERATING MARGIN EVOLUTION

380

592471

2,4 %

722632

0

200

400

600

800

1,000

1,200

H1 2005 H2 2005 H1 2006 H2 2006 H1 2007 H2 20070.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%Automobile

Sales Financing (RCI)

Group operating margin

Automobile operating margin

2.4%

1.3%

3.1%

943

4.4%

3.3%

1.9%

0.9%

1.6%

2.7%2.3%

3.5%

2.2%


2007 COMMERCIAL RESULTS


International

+ 16.5%

- 4.1%

2006

669

2007

FranceFrance-- 1,8%1,8%

EuropeEurope

20072006

1,024 968

-- 5.5%5.5%WorldWorld

20072006

2,434

+ 2.2%+ 2.2%

1752006 2007

192

AmericasAmericas+ 33.4%+ 33.4%

2006

2472007

185 381

2006

EuroMedEuroMed

2007

424

+ 11.4%+ 11.4%

France+ Europe

2,487

657

2007 ResultsGrowth by region

Thousand units (Cars + LCVs)J+1 Data

Asia AfricaAsia Africa+ 9.8%+ 9.8%

March 2008 RENAULT INV ESTOR RELATIONS 80Renault Dacia

91134

+ 11.4%+ 2.3% - 1.4%

EUROMEDRomania Turkey Russia

2006 20072006 20072006 2007

381424

+ 9.5%

67 74

N. Africa

2006 2007

131

Euromed Record unit sales in Russia

92

+ 39.6%

72101

2006 2007

Thousand units (Cars + LCVs) 802007 COMMERCIAL RESULTS FRIDAY, JANU ARY, 4th


ASIA AFRICAFr. Territories2006 2007

175192

9.3 8.8

+ 9.8%

- 5.6%Sth Korea

119 117

- 1.4%2006 20072006 2007

018

India

2006 2007

1316

Sth Africa

8

- 46.1%2006 2007

Iran

2006 2007

0.9

Renault RSMDacia

Asia AfricaSales ramp-up in Iran and India

Thousand units (Cars + LCVs)

Feb 08 YTDFeb 08 YTD7,0977,097

Feb 08 YTDFeb 08 YTD5,0525,052


Renault Group LCV sales

Global – (Thousands of units LCVs)

Kangoo

394 390 404

Master

Trafic

Kangoo Express

0

50

100

150

200

250

300

350

400

450

2005 2006 2007

Clio

Trafic

Master

Dacia

Others

March 2008 RENAULT INV ESTOR RELATIONS 83Renault RSM

2006 2007

2006 20072006 2007

185

247

5274

4867

AMERICASBrazil Argentina+ 33.4%

+ 42.9% + 39.0%2006 2007

13 29

Venezuela+ 133%

2006 2007

33 39

+ 17.8%Colombia

AmericasStrong growth for Renault in buoyant markets



France + Europe2007 sales evolution by quarter

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

Q1 Q2 Q3

Q4

842007 COMMERCIAL RESULTS FRIDAY, JANU ARY, 4th

- 8.0%- 9.2%

- 1.2%

+ 4.8%


Spain CentralEurope

- 1.4%- 3.6%FRANCE

2006 2007

- 1.8%2006 2007 2006 2007

206 19995 94

EUROPE

2006 2007

- 5.5%

1,024968

RenaultMilliers d’unités (VP + VU)

4.72

Germany- 8.7%

2006 2007

173 158

4.6710.81

8.15

U-K- 7.0%

2006 2007

160 149

5.415.98

Italy+ 1.0%

2006 2007

142 144

5.275.58

10.549.2826.30

24.8120072006 6.68

6.24

669 657

Renault Dacia

France + EuropeTowards growth recovery


Market share (in %)


2008 PRODUCT LAUNCHES BY REGION

AmericasAmericas

66

EuromedEuromed

1212

Asia Asia AfricaAfrica

1111

EuropeEurope

1414

Phase 2 + Derivatives

FranceFrance

1313

Models from the 2007 product planning


LAGUNA – MARKET SHARE PROGRESSION


THE BIG MIX SHIFT – French segment evolution

B-segmentB-segment

C-segmentC-segment

D-segmentD-segment

SUVSUV

A-segmentA-segment


RCI Banque:2007 Highlights


RCI Banque : Cost of credit risk


RCI Banque: Debt Structure


A new business model … KEY ISSUES


+376K

0

500

1,000

1,500

2,000

99 00 01 02 03 04 05 06 07 08 09

+200K

98979695

Thousands of units (Car+LCV including NRS)

+441K

2,0002,063

2,042

Europe: firing for profitoutlook for volume evolution

23 new models23 new modelsReplacementReplacement

++ExpansionExpansion


2005-2007 SALES VARIATION BY SEGMENT

0 +100k 200k

D/E

C

A&B

B0

- 200k - 100k

+ 49k

- 60k

- 191k

LCV

- 53k

- 2k

0 +100k 200k

D/E

C

A&B

B0

- 200k - 100k

+ 172k+ 8k

LCV

- 3k

- 8k

+ 11k

FRANCE + EUROPE INTERNATIONAL(number of units) (number of units)

Total volume variation

- 77,000 units


2008 FIRST MONTHS ORDERS UP

70,000

90,000

110,000

130,000

150,000

170,000

190,000

210,000

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

200520062007

Monthly orders

2008


Europe: firing for profit More products – younger age

Product launch events in EuropeProduct launch events in Europe

2005 2006 2007 2008 2009Clio3 Logan

Logan

TwingoLaguna

Laguna SW

11 44

~11~11 ~7~7

Average Average ageage

2.2 yrs2.2 yrs

Average Average ageage

3.5 yrs3.5 yrs


Sedan Estate

Laguna III

2010>200,000 sales >27,000€

Coupé

Renault Commitment 2009 Beyond

Range extension

Sedan Crossover

MPV Crossover

Sedan10

20

30

40

50

Laguna II

SM7 Espace

Transaction price (K€)

27

Vel SatisEstateSedan

Upper range strategy : reviving profit

2005101,000 sales >27,000€incl. high end Megane & Scenic

Actual range

Price range for model

Proportion of sales future product (e)


UK (source CAP monitor)for Laguna Sedan 2.0 dCi 15036-month / 60,000 miles (100,000 km) + 7.2 pts vs Laguna II Sedan

Germany (source Eurotax)36-month / 60,000 km+ 7.8 pts for Sedan vs Laguna II + 5.7 pts for Grandtour vs Laguna II

Residual value improvement

3032343638404244464850

Laguna II(2006)

Laguna III(2007)

37.9%

45.7%+7.8 pts


Environmental excellence

! Less than 140g/km of CO2

! Model for France label

Between 121 and 140 g/km C

Low CO2 emission

High CO2 emissions

Less thanEqual to 100 g/km

between 101 and 120 g/km




More than 250 g/km

A

B

between 121 and 140 g/km C

D

E

F

G

Clio III TCE 100139 g

between 101 and 120 g/km B

New Twingo 1.5 dCi113 g

Laguna III dCi 110130g130g


Diesel 2.0 dCi 130, 150 & 175hp Leader in performance & driving pleasurePerforming, Silent, Economical & Clean

Diesel 1.5 dCi 110hpLeader in consumption & CO2 emissionsin this market segment

ALLIANCE

ALLIANCE

RENAULT

Petrol 2.0L 16v 140hpSilent, smooth & Dynamic

Petrol 3.5L V6 24v 245hpPerforming & smooth

NISSAN

Engine Origin

Environmental competitiveness


130135140145

Renault’s technology road map towards 130g/km

CO2 impact (g/km)

Cost im

pact (€)

New technology


� 2006 429 M�

� 2007 270 M�

� 2008 250-300 M�

Raw Materials Impact 2006-2008


Internationalization of the Group367,000 Logan sold in 2007

0

50

100

150

200

250

300

2004 2005 2006 2007

Euromed

Europe

France

Americas

Asia Africa350

Thousand units

8.9%

58.4%

8.6%

11.4%

12.7%

2007 Sales per Region


Logan -- a new cost structure

Logan(E Europe)

Clio Campus(W Europe)

0%

25%

50%

75%

100%

Logan Clio II

Commercial expenses

Commercial expenses

Powertrain depreciation

Other

Entry ticket depreciation

Warranty

Transportation

Production costsProduction costs

Outsourced parts

& powertrain

Outsourced parts

& powertrain



COLOMBIA16k

200kBRAZIL

RUSSIA160k

IRAN200K

80%

Capacity utilization for LoganCapacity utilization for other models

Logan: a growing global footprint

33%

ROMANIA350k100%

100%

100%16k Industrial capacity installed by 2009

65%

MOROCCO30k (2009)

Expansion projects beyond 2009

100%MOROCCO PHASE II300k+ (2009-13)

INDIA50k+ (2009)

INDIA PHASE II400k+ (2009-12)150K for Logan



160160

250

0

100

200

300

00 01 02 03 04 05 06 07 08 09 10

RSM sales in KoreaProduction in KoreaVolumes (thousand units)

Year

119

Max. capacity

BUSAN PLANT OUTPUT

Export

300




Global D-segment: SM5 acountsfor 45% of global “d-segment “2006 sedan sales

SM3: RSM produced 40 thousand units for Nissan in 2007 (sold as Almera by Nissan)



SM5SM5

SM7SM7

SM3SM3

KoleosConcept (2008)KoleosKoleosConcept (2008)Concept (2008)


0

500

1,000

1,500

2,000

2,500

3,000

3,500

1999 2000 2001 2002 2003 2004 2005 2006 20090%

5%

10%

15%

20%

25%

30%

35%

40%

Group internationalization

Total Group sales Thousands of units (Cars+ LCVs)

2007

% of group sales outside of Europe

11%

17% 17%17%

19%

23%

27%

30%

≥ 40%

Actual 0735%

2009-10Western Europe: 50%International: 50%

35%


Leveraging the Alliance...Leveraging the Alliance...

� Shared platforms� Interchangeable components� RNPO� Joint manufacturing


Performance driven organization! Renault Commitment 2009:

� Fully deployed internally and worldwide� Key performance indicators set and monitored

! New Management Organization:� Regional management committees� 11 cross – functional teams (500 people involved)� Globalized Functions (Target: world class level

of support services)

! Milestones for profitability� Operating margin 3% in 2007, 4.5% in 2008 and 6% in 2009

! Transparency on dividend

New management incentive schemes


0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Wider product range -- model mix

2005

o/w 5R & 2N

2009

M1M1Megane.etcMegane.etc..

Entry levelEntry levelTwingo, Clio, ModusTwingo, Clio, Modus

Logan FamilyLogan Family& derivatives& derivatives

LCVLCVLight commercial vehiclesLight commercial vehicles

M2 M2 HighHigh--endend

Vans & othersVans & others

2.5 mln2.5 2.5 mlnmln 3.3 mln3.3 3.3 mlnmln


12 competitors12 competitors

Improving qualityNew Laguna in TopNew Laguna in Top--3 for quality in its class3 for quality in its class

22 11 33

PassatPassat(VW)(VW)

S60S60(Volvo)(Volvo)

MondeoMondeo(Ford)(Ford)

407407(Peugeot)(Peugeot)

3 Series3 Series(BMW)(BMW)

C ClassC Class(Mercedes)(Mercedes)

AccordAccord(Honda)(Honda)

A4A4(Audi)(Audi)

AvensisAvensis(Toyota)(Toyota)

VectraVectra((OpelOpel))

C5C5(Citro(Citroëën)n)

� For product quality

� For service quality


Leveraging Renault strengths

! The International expansion

! The Renault Nissan Alliance

! The light commercial vehicles range


RC2009 incremental growth versus 2005VEHICLES SOLD SALES TURNOVER

Logan program

B + C

Upper end

France + Europe

Rest of World

By region

By model range

LCV

OPERATING MARGIN

115March 2008 RENAULT INV ESTOR RELATIONS

RENAULT INVESTOR RELATIONS

Veronique Dosdat Gerry Spahn+33 176 84 53 09 +33 176 83 05 [email protected] [email protected]

Sophie Burel+33 176 84 60 [email protected]

Investor internet site:www.renault.com finance

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RENAULT 2008 STATUS · RENAULT 2008 STATUS Thierry Moulonguet CFO & Executive Vice President. ......

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