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) |
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 |
According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume.[10]
Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque along with subsidiaries Alpine and Automobile Dacia from Romania.[11][12] 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 Oyak-Renault (Turkey) and Renault Pars (Iran). The French state and Nissan each own a 15% share of the company.
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.[13]