RENAULT · short company description

Established in the year 1899 the Renault is a manufacturer of cars from France. The organization is known for producing a larger range of vans as well as cars also in past it was associated with truck, tractor, tank and bus. In the year 2011 this organization was 3^rd biggest automaker in Europe production wise and it came behind PSA and the Volkswagen also in the same year it was the ninth biggest maker of automobiles production wise.

The headquarters are present in the Boulogne Billancourt and Renault organization is made by Renault marque as well as Automobile Dacia from the Romania & Samsung Motor from the South Korean region. In Japan controlling stake is 43.4 percent in Japan, twenty five percent stake in Russia and 1.55 percent stake in Germany. The RCI Banque, Renault Rental Group as well Motrio also come under the ownership of Renault. The Renault Agriculture came under complete ownership of CLAAS in the year 2008. there are many combine ventures associated with this company as well that are as follow:

• Turkish Oyak-Renault
• Iranian Renault Pars
• Chinese Dongfeng Renault

The name of current president is Carlos Ghosn and Government of France has the ownership of fifty percent of Renault's share.

As a component of the alliance of Nissan and Renault the organization attained the status of 4^th largest group of automotives. The main market of company is in European region and it is highlighted for the part it plays in motor sporting.