I’m unlikely to forget the day we were summoned to Renault UK’s HQ in December 2011, on the eve of Christmas, to learn that the firm was instigating sweeping changes, axing four models from its line-up – including the once strong selling Laguna – and killing off dealerships.
It was bleak news after a particularly bleak run of sales for Renault UK, which had left it in the red since 2006. Without drastic action, the reasoning went, nothing was going to change.
Painful though it was, history has proven the actions to be well aimed. In 2012 the firm sold around 55,000 cars and vans in the UK; this year it will be closer to 130,000. An aggressive new product launch strategy has helped, of course, with Clio and Captur leading the way, but so has a sharp focus on putting profitability ahead of volume.
Today the UK is Renault’s eighth strongest market, and fifth largest European market. Perhaps most remarkably, 90% of its customers are measured as new to the brand, although this actually means they haven’t owned a Renault in the past two years.