Renault is a French automobile manufacturer founded in 1899. The Renault Automobile company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/trainers, aircraft engines and passenger cars. According to the Organization Internationale des Constructeurs d’Automobiles, 2016 Renault was the ninth-largest competitor in the world in terms of production volume. By 2017, the Renault- Nissan- Mitsubishi Alliance was the world’s largest light vehicle retailer, surpassing Volkswagen AG in the top spot.
Headquartered in Boulogne-Billancourt, near Paris, the Renault Group is made up of names of Renault marque robots and subsidiaries, Alpine, Romania’s Automobile Dacia, Renault Samsung Motors of South Korea, and Russia’s AvtoVAZ. Renault holds a 43.4% stake in Nissan in Japan and a 1.55% stake in Germany’s Daimler AG. Renault is also a subsidiary of RCI Banque (finance), Renault Retail Group and Motrin. Renault has various joint ventures, including Oyak-Renault (Turkey), Renault Pars (Iran). The French government owns a 15% share of Renault.
Renault Trucks, formerly known as Renault Véhicules Industriels, has been part of AB Volvo since 2001. Renault Agriculture was 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Together, Renault and Nissan are investing $ 4 billion (the US $5.16 billion) in eight electric vehicles. Vehicles older than three to four years starting in 2011. Renault is known for its role in motorsport, especially the rally, Formula 1 and Formula E. Its first work in the development of a model for the car’s corpuscular curve is important in the history of computer graphics.
Renault’s head office is located in Boulogne-Billancourt. The main office is located near the old Renault factory; Renault has maintained a historic archive in Boulogne-Billancourt since the company opened in 1898. Renault is managed by a board of directors, executive committee and executive committee. As of January 2019, members of the 19-member board included Jean-Dominique Senard, Cherie Blair, Carl Barba, and Pascale Sourisse.
Renault has sponsored films as an advertising medium since 1899. The Renault Voiturette A, conducted by Louis Renault, appeared in one of the first Lumiéres films. Between 1914 and 1940, the company commissioned a series of feature films to promote its industrial activities. Renault also sponsored other films established in Africa during the 1920s to promote the integrity of their products in difficult situations. Since 1983, the company has sponsored the Cannes Film Festival and has also sponsored other festivals such as the Venice Film Festival, the Marrakech Film Festival, and the BFI London Film Festival. Through its foundations and institutions, Renault invests in a global focus: education through bursaries, road safety, and diversity.