Renault
French multinational automobile manufacturer / From Wikipedia, the free encyclopedia
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Groupe Renault (UK: /ˈrɛnoʊ/ REN-oh, US: /rəˈnɔːlt, rəˈnoʊ/ rə-NAWLT, rə-NOH,[7][8] French: [ɡʁup ʁəno], also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899.[9] The company produces a range of cars and vans and in the past, has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles.
Company type | Public (Société Anonyme) |
---|---|
Euronext Paris: RNO
CAC 40 Component | |
ISIN | FR0000131906 |
Industry | Automotive |
Founded | 25 February 1899; 125 years ago (1899-02-25) |
Founders | |
Headquarters | , France |
Area served | Worldwide; 128 countries[1] |
Key people | |
Products | |
Production output | 2,235,000[4] (2023, sales) |
Brands | |
Revenue | €52.37 billion[4] (2023) |
€2.48 billion[4] (2023) | |
€2.31 billion[4] (2023) | |
Total assets | €121.91 billion[4] (2023) |
Total equity | €30.63 billion[4] (2023) |
Owners |
|
Number of employees | 170,158 (Q4 2020)[6] |
Subsidiaries | List
|
Website | renaultgroup.com |
Owner | Renault S.A. |
---|---|
Country | France |
Introduced | December 1898 |
Website | Official website |
Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque along with subsidiaries Alpine and Dacia from Romania.[10][11] It is part of a loose alliance Renault–Nissan–Mitsubishi Alliance (previously Renault–Nissan Alliance) since 1999. The French state and Nissan each own a 15% share of the company.
Renault also has other subsidiaries as RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault has various joint ventures, including Horse Powertrain (engine development), Oyak-Renault (Turkish manufacturing), Renault Nissan Automotive India (Indian manufacturing) and Renault Korea (South Korean manufacturing). Renault Trucks, previously known as Renault Véhicules Industriels, has been part of Volvo since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008.
Renault is known for its role in motor sport, particularly rallying, Formula 1 and Formula E. Its early work on mathematical curve modeling for car bodies is important in the history of computer graphics.[12]