![]() 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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