![]() Renault made itself known through succeeding in the first city-to-city races held in Switzerland, producing rapid sales growth. The brothers recognised the value of publicity that participation in motor racing could generate for their vehicles. In 1908 the company produced 3,575 units, becoming the country's largest car manufacturer. Renault was also the best-selling foreign brand in New York in 19. These vehicles were later used by the French military to transport troops during World War I which earned them the nickname " Taxi de la Marne." By 1907, a significant percentage of London and Paris taxis had been built by Renault. The first major volume sale came in 1905 when Société des Automobiles de Place bought Renault AG1 cars to establish a fleet of taxis. In 1903, Renault began to manufacture its own engines until then it had purchased them from De Dion-Bouton. 1901 Voiturette Renault Type D Série B 1911 Renault CC The first Renault car, the Renault Voiturette 1CV, was sold to a friend of Louis' father after giving him a test ride on 24 December 1898. While Louis handled design and production, Marcel and Fernand managed the business. Louis was a bright, aspiring young engineer who had already designed and built several prototypes before teaming up with his brothers, who had honed their business skills working for their father's textile firm. The Renault corporation was founded on 25 February 1899 as Société Renault Frères by Louis Renault and his brothers Marcel and Fernand. Its early work on mathematical curve modeling for car bodies is important in the history of computer graphics. Renault is known for its role in motor sport, particularly rallying, Formula 1 and Formula E. Since the launch of the Renault electric program, the group has sold more than 273,000 electric vehicles worldwide through December 2019. Together Renault and Nissan invested €4 billion (US$5.16 billion) in eight electric vehicles over three to four years beginning in 2011. Renault's shareholding in AvtoVAZ is being divested to the Government of Russia as an effect of the ongoing Russian invasion of Ukraine. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Renault Trucks, previously known as Renault Véhicules Industriels, has been part of Volvo since 2001. The French state owns a 15% share of Renault. Renault has various joint ventures, including Oyak-Renault (Turkey) and Renault Pars (Iran). Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). (Since 2012, Renault has manufactured engines for Daimler's Mercedes A-Class and B-Class cars and is also fully involved in manufacturing the Mercedes-Benz Citan van). Renault has a 43.4% stake with several votes in Nissan of Japan and used to have a 1.55% stake in Daimler AG of Germany, which it sold off in early 2021 to help them overcome financial difficulties. ![]() ![]() Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport ( Gordini), Automobile Dacia from Romania, and Renault Korea Motors from South Korea. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. 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.Īccording to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. Groupe Renault ( UK: / ˈ r ɛ n oʊ/ REN-oh, US: / r ə ˈ n ɔː l t, r ə ˈ n oʊ/ rə- NAWLT, rə- NOH, French:, also known as the Renault Group in English legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. Share of the SA des Usines Renault, issued 1.
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