Mobilize Financial Posts Strong H1 Growth, Fueling Renault’s EV Push

PARIS, FRANCE – July 30, 2026

Mobilize Financial Services, the financial arm of Renault Group, today announced a robust performance for the first half of 2026, signaling strong resilience in a deeply transforming automotive market. The company reported a 14.5% surge in pre-tax profit to €703 million and a 4.6% increase in new financing, reaching €11.6 billion. These results not only outperform market expectations but also underscore the division’s critical role as the financial engine behind Renault Group’s ambitious ‘futuREady’ strategic plan.

While the broader European automotive market remains tepid, Mobilize Financial Services demonstrated significant momentum driven by higher penetration rates, strong performance in the used vehicle segment, and a successful pivot towards financing electrified vehicles. The performance confirms the company's ability to navigate economic headwinds and capitalize on the industry’s shift toward new mobility solutions.

A Financial Engine for Renault's 'futuREady' Strategy

Mobilize Financial Services’ impressive results provide a crucial pillar of support for Renault Group’s comprehensive ‘futuREady’ strategy, which aims to position the automaker as a next-generation automotive leader. The financial services division is not merely a supporting player but a key enabler of this transformation, providing the financial muscle and customer-facing solutions necessary to drive sales and profitability.

The group's net banking income grew by 11.8% to €1.273 billion, reinforcing its capacity to fund innovation and growth across Renault's brand portfolio. This financial strength is vital as Renault accelerates its product offensive, particularly with new electric models like the Twingo E-Tech and Trafic Van E-Tech. The contribution from Mobilize Financial Services is direct and substantial, with its strong earnings bolstering the parent company’s overall operating margin and cash flow—a key factor in Renault Group’s confidence in confirming its full-year financial outlook.

“The results of the first half of 2026 illustrate the resilience of our model and our ability to pursue sustained growth in a rapidly changing automotive market,” stated Martin Thomas, CEO of Mobilize Financial Services. “They also reflect the commitment, expertise, and agility of the Mobilize Financial Services teams, who work every day alongside our customers, partners, and dealer network. We are tackling the second half of the year with confidence and determination, fully committed to implementing our strategy and supporting the deployment of Renault Group's futuREady strategic plan.”

Outpacing the Market in a Volatile Climate

The performance of Mobilize Financial Services is particularly noteworthy when set against the backdrop of a complex global market. While the European new-car market is forecast to see only modest growth of around 0.1% in 2026, and Renault Group’s own vehicle volumes saw a slight decline of 3.8%, its financial services arm has successfully expanded its business. This divergence highlights a key strategic success: increasing the financing penetration rate. The overall intervention rate rose to 40.8%, a 1.2-point increase from the previous year, meaning the company is capturing a larger share of financing for the vehicles its partners sell.

This growth was also significantly bolstered by a strong focus on the used vehicle market, where financed files grew by a notable 4.2% to over 160,000 units. This diversification reduces dependency on new car sales cycles and taps into a resilient and profitable market segment. In comparison to key competitors, MFS's 14.5% pre-tax profit growth appears robust. Volkswagen Financial Services reported a stable operating profit, while Stellantis Financial Services saw a slight dip in operating income, making MFS's double-digit expansion a standout achievement in the sector.

Leading the Charge in Electric Vehicle Financing

Perhaps the most significant indicator of Mobilize Financial Services’ forward-looking strategy is its commanding position in the electric vehicle (EV) space. The company reported an impressive financing intervention rate of 44.9% for electrified vehicles, a full 6.7 percentage points higher than its rate for traditional combustion engine vehicles. This demonstrates that MFS is not just participating in the electric transition but is actively accelerating it for Renault Group's brands.

This success is driven by a two-pronged approach. First, it aligns perfectly with Renault’s strong product pipeline of popular and accessible EVs. Second, MFS has developed tailored financing and leasing products that address key customer concerns about EV ownership, such as battery life and residual value. The growth of its operational leasing arm, Mobilize Lease&Co, which saw its managed fleet increase by 2.4%, is critical in this regard. Leasing models allow consumers to adopt new technology with lower upfront costs and without the long-term risk of depreciation, a major concern in the rapidly evolving EV market.

By effectively managing the residual value risks that have made some lenders cautious, Mobilize Financial Services is positioning itself as a leader in financing the future of mobility. This proactive stance is crucial for building customer trust and ensuring Renault Group can achieve its ambitious electrification targets.

Beyond the Loan: The Shift to Value-Added Services

Further cementing its role as a lifecycle partner, Mobilize Financial Services is increasingly focused on moving “beyond the loan.” The company sold 1.8 million service and insurance contracts in the first half of the year, a 1.5% increase, reflecting a strategic pivot towards higher value-added services that generate recurring revenue and deepen customer relationships. These services now account for 27% of the company's Net Banking Income.

This strategy is brought to life through pragmatic, customer-centric products. In Germany, the company introduced new offerings for driver protection and coverage for end-of-lease vehicle refurbishment costs. In France, it launched the “Garantie 5/5,” an extended warranty for used vehicles, directly supporting its growth in that segment. This evolution from a traditional lender to a comprehensive service provider is underpinned by a significant investment in digital transformation and customer relationship management.

By unifying its IT platforms and leveraging data and AI, the company is creating more seamless, digital-first customer journeys. The success of this approach is reflected in its exceptional Net Promoter Score (NPS) of +60 points, indicating a high level of customer satisfaction and loyalty. This focus on building lasting relationships ensures that Mobilize Financial Services is not just financing a transaction, but securing its role as a trusted partner for mobility needs today and tomorrow.