Renault Sa · EURONEXT:RNO
Renault Sa — Investor Day (November 2014)
35 slides from Renault Sa's investor day presentation, Nov 12, 2014
Slide 1: Renault Strategy for China
RENAULT STRATEGY FOR CHINA CONFIDENTIAL DIRECTION DES OPERATIONS CHINE DATE 2014 NOV12 RENAULT PROPERTY
Slide 2: Disclaimer
DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements are based on reasonable assumptions taken on the date of this report, due to their nature, they can be risky and uncertain (as described i
Slide 3: Summary
SUMMARY 01. Introduction: Renault background in China 02. Chinese market overview 03. Project overview 04. Synergies 05. New plant greenfield 06. S&M strategy 07. EV potential introduction CONFIDENTIAL RENAULT PROPERTY 3 DIRECTION DES OPERATIONS CHINE 2014 NOV 12
Slide 4: Introduction: Renault Background in China
01 INTRODUCTION : RENAULT BACKGROUND IN CHINA CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 5: Renault in China
RENAULT IN CHINA o Start of SRAC operations to produce Trafic in the Hubei province (CKD project). 1993 o SRAC : Sanjiang-Renault Automotive Co ltd. ( Sanjiang 55% - Renault 45% ) 1999 o Renault starts CBU importations and development of a sales network 2003 o End of SRAC operations : overall less t
Slide 6: China Automotive Market: Outlook & Perspectives
02 CHINA AUTOMOTIVE MARKET: OUTLOOK & PERSPECTIVES CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 7: PV market overview and growth trend
PV market overview and growth trend PV TIV and growth trend CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 7
Slide 8: PV market: main features
PV market : main features UIO per 1,000 by country Brand origin : mix and trend USA 800 Germany France 600 Japan England Russia 250 Brazil 150 China 60120 in 2025 India 0 200 400 600 800 1,000 • Beijing, Shanghai, Guangzhou, Average UIO >300 in 2013 CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 N
Slide 9: PV Market Consumption Structure
PV MARKET CONSUMPTION STRUCTURE CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 9
Slide 10: Project Overview: Getting Started
03 PROJECT OVERVIEW : GETTING STARTED… CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 11: Our location
Our location Beijing ~ 1 000 km Shanghai ~ 700 km Guangzhou ~ 800 km WEDZ WEDZ :Wuhan Economic & Technical Development Zone CONFIDENTIAL 11 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 12: Dongfeng Renault Project: From SRAC to DRAC
DONGFENG RENAULT PROJECT : FROM SRAC to DRAC 1. TRANSFER 2. TRANSITION 3. NEW JV Capital increase: 4 Bn CNY Shares transfer Equity share rebalancing 5% SANJIANG RENAULT DFG RENAULT DFG RENAULT 55% 45% 55% 45% 50% 50% Since 1993 SRAC DRAC 1 DRAC 2 Nov 2012 : April 2013 : Dec 2013: NDRC Approval Agree
Slide 13: Framework
FRAMEWORK 50 50 % % Debt 3.2 Billion CNY Financing K 2 Billion CNY 2 Billion CNY K PRODUCTS MARKET ACCES ROYALTIES DONGFENG-RENAULT 东风雷诺 LOCAL KD PARTS TALENTS CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 13
Slide 14: Synergies
04 SYNERGIES : CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 15: The Big Picture
« THE BIG PICTURE » SPEED COST PERFORMANCE Plant C/P Common suppliers Common Parts … Local talent pool CHINA expertise Training …. CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 15
Slide 16: Industrial Synergies: Smart Greenfield
INDUSTRIAL SYNERGIES : SMART GREENFIELD DFL DFG-NISSAN Significant savings in terms of DRAC DFG-RENAULT plant construction : DF-Renault • D&D cost …. Dalian Plant Veh + PwT Plant and R&D Center • D&D lead time … Zhengzhou Plant Huadu plant R&D center PWT plant Training Center CONFIDENTIAL DIRECTION
Slide 17: Industrial Synergies: Compare with the Best
INDUSTRIAL SYNERGIES : COMPARE WITH THE BEST DFL An ideal playground to DFG-NISSAN constantly challenge ourselves DRAC DFG-RENAULT and improve our performance : DF-Renault • Plant KPIs Dalian Plant Veh + PwT Plant • Manufacturing cost R&D Center Zhengzhou • Quality Plant Huadu plant R&D center PWT p
Slide 18: Plant Greenfield
05 PLANT GREENFIELD : CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 19: Greenfield Groundbreaking Ceremony Jan 2014
GREEFIELD GROUNDBREAKING CEREMONY JAN 2014 CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 19
Slide 20: Stamping
STAMPING Equipment Installation CONFIDENTIAL 20 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 20
Slide 21: Bodyshop
BODYSHOP Equipment Building CONFIDENTIAL 21 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 21
Slide 22: Paintshop
PAINTSHOP CONFIDENTIAL 22 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 22
Slide 23: Plastic
PLASTIC Painting Injection CONFIDENTIAL 23 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 23
Slide 24: Trim & Chassis
TRIM & CHASSIS 3 different stages … CONFIDENTIAL 24 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 24
Slide 25: Protoshop: Start of operations Sept 2014
PROTOSHOP : Start of operations Sept 2014 CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 25
Slide 26: S&M and Product
06 S&M and PRODUCT CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 27: 2014 Highlights
2014 HIGHLIGHTS : Start of Main buildings EPB Prototype shop EPB Prototype shop 2014 inauguration JUN JUL AUG SEPT OCT Megane RS launch First RBAC & DRAC dealer Shanghai HR Ramp-up L38 III launch signing ceremony Beijing DRAC employee # Wuhan passes the 500 line Motor show DRAC takes over RBAC CBU o
Slide 28: CBU Integration: One single network
CBU Integration : One single network ONE SINGLE INTEGRATED NETWORK Aiming towards 150 dealers at end 2014 Imported Locally Produced CBU CKD WHY ? • Start network integration before first CKD vehicle SOS • Capitalize on RBAC resources and experience : knowledge of Renault products and Renault Brand •
Slide 29: Sales Overview
SALES OVERVIEW Retail figures CONFIDENTIAL 29 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 29
Slide 30: Renault Store Deployment - Yangzhou
Renault Store Deployment - Yangzhou 外立面 Façade 展厅 Showroom 售后接待AS Reception 短时等候区Waiting Area 展厅客休区Lounge 车间 Workshop CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 30
Slide 31: EV Perspectives
07 EV PERSPECTIVES CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY
Slide 32: Renault EV Global Expansion & Success Stories
RENAULT EV GLOBAL EXPANSION & SUCCESS STORIES Customers Satisfaction Customers Satisfaction Rate 93% 95% 98% 98% RENAULT IS READY TO SHARE ITS SUCCESS CONFIDENTIAL DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 32
Slide 33: Success Stories: Fluence Z.E. in Hong Kong
RENAULT EV GLOBAL EXPANSION & SUCCESS STORIES Success Stories : Fluence Z.E. in Hong Kong RENAULT won the last two tenders from the Hong Kong authorities, thanks to Fluence ZE As of today there are about 150 units on the roads Electric Vehicles are tax free in Hong Kong Several companies and individ
Slide 34: 2014 September Beijing Formula E
2014 SEPTEMBER BEIJING Formula E CONFIDENTIAL 34 DIRECTION DES OPERATIONS CHINE 2014 NOV 12 RENAULT PROPERTY 34
Slide 35: End - Thanks