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A Company's Profile - Renault

Renault is a French automobile manufacturer established in 1899 that is now present in 118 countries. It employs over 127,000 people across 36 countries and has subsidiaries in 13 countries spread over 4 continents. Renault joined forces with Nissan to become the world's 5th largest vehicle manufacturer. Some of Renault's best selling models include the Clio, Twingo, Megane and Laguna, with over 50% of sales now outside of Western Europe. Renault remains active in sponsorship of rally competitions and Formula 1 engine development.

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161 views1 page

A Company's Profile - Renault

Renault is a French automobile manufacturer established in 1899 that is now present in 118 countries. It employs over 127,000 people across 36 countries and has subsidiaries in 13 countries spread over 4 continents. Renault joined forces with Nissan to become the world's 5th largest vehicle manufacturer. Some of Renault's best selling models include the Clio, Twingo, Megane and Laguna, with over 50% of sales now outside of Western Europe. Renault remains active in sponsorship of rally competitions and Formula 1 engine development.

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rutemarlene40
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Assignment One

A Companys Profile Renault


Lus Sousa S A60936

Renault is a French multinational automobile manufacturer,


established in the late 19th century and widely recognizable by its
diamond-shaped logo, used since 1972.
Young engineer Louis Renault and his brothers, Marcel and
Fernand, founded the Renault Corporation in 1899 and, three years
later, the company produced its first engine and filed a patent for
the first turbo. In spite of being over than 100 years old, Renault has
not lost touch with its French roots; the companys head office is
currently located in Boulogne-Billancourt, France.
Having faced a series of peaks and troughs throughout the
th
20 century from, for instance, becoming Europes leading vehicle
producer in the late 1970s to facing bankruptcy in the mid 1980s
, Renault managed to enter the 21st century present in 118
countries, employing 127,086 people in 36 of those and having
subsidiaries in 13, spread over 4 continents.
Familiar to several generations of costumers, Renaults bestselling models are Clio, Twingo, Megane and Laguna. As of 2012,
50% of the group sales are made outside Western Europe and its
five biggest markets are France, Brazil, Russia, Germany and
Argentina.
Joining forces with Nissan, Renault-Nissan is the worlds 5th
largest vehicle manufacturer. Renault alone has annual turnover and
profits of 41.27 and 1.735 billion euros, respectively.
As far as its sponsorship activities are concerned, Renault
remains close to its core business scope, supporting rallying
competitions and the development of Formula 1 engines.
Its current activities are mainly related to production issues,
since the company is building a plant in India and launching a new
phase of a low-cost one in Morocco.

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