Renault

Renault S.A. is a French vehicle manufacturer established in 1899. The company produces a range of cars and vans, and in the past, trucks, tractors, tanks, buses/coaches and autorail vehicles. Headquartered in Boulogne-Billancourt, Renault owns the Romanian manufacturer Automobile Dacia and the Korean Renault Samsung Motors. Renault also owns subsidiaries RCI Banque (providing automotive financing) and Motrio (automotive parts). Renault Trucks, previously Renault Vehicules Industriels, has been part of Volvo Trucks since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Carlos Ghosn is the current chairman and CEO and the French government owns a 15 percent share of Renault. As part of the Renault-Nissan Alliance, the company is the fourth-largest automotive group. Together Renault and Nissan are undertaking significant electric car development, investing 4 billion euros ($5.16 billion) in eight electric vehicles over the next 3–4 years. The company's most successful cars to date are the Renault Clio and the Renault Mégane, and its core market is Europe. The company is known for its role in motor sport, and its success over the years in rallying and Formula 1.