Renault S.A. is a French multinational vehicle manufacturer established in 1899. The group produces a range of cars and vans, and in the past, tanks, trucks, tractors, buses/coaches and autorail vehicles.
It Headquartered in Boulogne-Billancourt. The Renault Company is formed by the namesake Renault marquee and subsidiaries Automobile Dacia from the Romania and the Renault Samsung Motors from South Korea. The Renault has a 43.4% controlling stake in Nissan of Japan, a 25% stake in AvtoVAZ of Russia and a 1.55% stake in Daimler AG of the Germany. The Renault also owns subsidiaries RCI Banque (providing automotive financing), Renault Retail Company (the automotive distribution) and Motrio (the automotive parts). The Renault Trucks, previously the Renault Vehicles Industries has been part of the Volvo Trucks since 2001. Carlos Ghosn is the present chairman and CEO and French government owns a 15% share of the Renault.
As part of the Renault–Nissan Alliance, the group is the 4th-largest automotive Company. Together Renault and Nissan are undertaking significant the electric car development investing €4 billion (US$5.16 billion) in 8-electric vehicles over three to four years from 2011.
In April 2010, Renault and Nissan announced a new alliance with Mercedes-Benz parent corporation Daimler with Renault supplying the Mercedes-Benz with it is brand new 1.6 L turbo diesel engine and Mercedes-Benz to provide a 2.0 L 4-cylinder petrol engine to Renault & Nissan. The resulting new alliance is to also develop a new model to replace the Smart with a new model based on the Renault Twingo. In 2011, Renault was the 3rd biggest European automaker by production behind Volkswagen Group and PSA and the ninth biggest automaker in the globe by production in 2011. In 2013, 50.5% of the Renault company sales where outside Europe. In 2013, Renault group had the lowest average CO2 emissions among generalist brands in the Europe, with 110.1g CO2/km.
The Algeria’s National Investment Fund (FNI), the Société Nationale de Véhicules Industriels (SNVI), and Renault signed in December 2012 an agreement to establish an industry near the city of the Oran, Algeria, with the aim of manufacturing sign units by 2014. The Algerian State will have a 51% stake in the facilities’ property.
The Renault Company is known for its role in motor sport and it is success over the years in rallying and Formula 1. It is early work on mathematical curve modeling for car bodies are also important in the history of computer graphics.
The Renault Company Website: www.group.renault.com
The Renault Company Logo: