REVENUES OF €11.3 BILLION IN THE THIRD QUARTER OF 2019

In the third quarter, GroupeRenault sold 852,198 vehicles, down -4.4% in a market that fell by -3.2%. Excluding Iran, the decrease wouldhave been -1.8% in a market down -2.3%.

InEurope, the Grouprecorded a -3.4% decline in sales in a market up +2.4%. This decrease is partlydue to a high comparison basis related to the introduction of the WLTP[1] for passenger cars inSeptember 2018 and the awaiting of the full availability of New Clio in Europe.

In regions outside Europe, the Group over-performed the market. In amarket down -6.2%, the Group recorded a -5.4% decrease in sales, mainly due tothe decline in markets in Turkey (-21.7%), Argentina (-30.0%), and the end ofsales in Iran since August 2018 (23,649 vehicles sold in the third quarter2018). Excluding Iran, sales would have been down -0.3%.

In Eurasia, market share increased by +1.8 points. Group salesincreased by +5.1% despite the fall of the Turkish market. Sales volumeincreased in Russia (+6.1%) in amarket down -1.2%, thanks inparticular to the launch of Arkana and the continuing success of Lada products.

In Americas, market share was up +0.2 points. Brazil saw its volumes increase by +5.6% but Argentina recorded a fall of -37.7%.

In Africa, Middle East, India and Pacific region, excluding Iran,market share was up +0.1 points. Sales volumes in the region are impacted bythe decline of its main markets. In India,market share increased by +0.5 points, thanks to the successful launch ofTriber. Sales fell by -7.8% in amarket down -27.4%. In South Korea,the Group recorded a sales increase of +11.5% in a market down -1.7% thanks tothe success of QM6.

In the China region, Group's volumes were down -15.5% in a market down -5.0%awaiting the launch of New Captur and Renault City K-ZE, the new electric citycar.

THIRD QUARTER REVENUES BY OPERATING SECTOR

In the third quarter of 2019, Group revenues reached €11,296 million(-1.6%).

At constant exchange rates and perimeter[2], Grouprevenues would have decreased by -1.4%.

Automotiveexcluding AVTOVAZ revenuesamounted to €9,662 million, down -3.9%.

Sales to partners dropped by -5.5 points dueto lower production for Nissan and Daimler, the closure of the Iranian marketsince August 2018 and the decline in demand for diesel engines in Europe.

The negative -0.7 points currency effect wasmainly due to the devaluation of the Argentinian Peso.

The volume effect weighed -0.8 points, mainlydue to the fall in the Argentinian, Indian, Turkish markets and a high comparisonbasis in 2018 in Europe. This decrease was partially offset by a favorable impactof the change in inventories.

The price effect was positive by +2.1 points.It reflects the effects of the Group's pricing policy in Europe as well asefforts to offset the devaluation of the Argentinian Peso.

Sales Financing(RCI Banque) posted revenues of €843 million in thethird quarter, up +5.4% compared to 2018. The number of new financing contractsfell -0.8%, mainly due to lower activity in Argentina and in Turkey. Average performingassets increased by +5.1% to €47.6 billion.

AVTOVAZ contribution to Group revenues amounted to €791 millionin the quarter, up +26.2%, after taking into account a positive exchange rateeffect of €59 million. At constant exchange rates, revenues would have been up +16.7%.

OUTLOOK2019

In2019, the Global Automotive market[3]TheEuropean market is expected to be between 0% to -1% (versus stable previously),the Russian market to be down by around -3% (versus -2% to -3% previously) andthe Brazilian market to grow around +7% (versus around +8% previously).

On October 17, 2019, GroupeRenault revised its guidance:

§§§[1] [2]