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List of Companies owned by Renault Group

Last Updated : 20 Mar, 2024
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The Renault Group, which was founded in 1899 by Louis Renault and his brothers, is an automotive giant. Based in Boulogne-Billancourt, France, it has expanded greatly over the years, crossing international borders and venturing into various sectors of the automobile market, as well as offering services associated with cars.

Renault Group is a globally known and important automobile conglomerate with an impressive past that spans more than a hundred years. In this scenario, the umbrella of subsidiary companies is vast, and they complement the diversification of Renault’s activities and its leadership in terms of innovation within the automotive sector. These companies also represent various levels of manufacturing and technology development, which contribute to demonstrating the high quality, eco-friendliness, and innovation in engineering products produced by Renault Group – cars, components for the automotive industry, and services for clients, including, among others, financing solutions for buying cars.

Renault Group Highlights

Highlight

Details

Founded

1899

Founders

Louis Renault, Marcel Renault, Fernand Renault

Headquarters

Boulogne-Billancourt, France

Global Presence

Operations in over 128 countries.

Main Brands

Renault, Dacia, Alpine, Renault Samsung Motors.

Strategic Alliance

Renault-Nissan-Mitsubishi Alliance.

Innovation in Electric Vehicles

Pioneered mass-market electric vehicles with models like Renault Zoe.

Motorsports

Active in Formula 1, contributing to technology transfer from the track to road vehicles.

Financial Services

RCI Banque offers financing, leasing, and insurance solutions.

New Mobility Solutions

Mobilize focuses on electric and shared mobility services to complement traditional car ownership.

Sustainability Initiatives

Commitment to reducing carbon footprint and developing sustainable mobility solutions.

Research and Development

Significant investment in electric and hybrid technologies, autonomous driving, and connectivity.

Market Innovations

Early adopter of vehicle subscription services and comprehensive digital sales platforms

Renault Group History

The Renault Group’s journey began with Louis Renault’s innovative direct drive gear, which revolutionized the early automotive industry. The company swiftly moved from a small workshop in Billancourt to becoming a key player in automotive manufacturing. Renault played crucial roles during both World Wars, further solidifying its industrial might. The latter half of the 20th century saw Renault expanding internationally, facing challenges, and embracing innovation, particularly in electric vehicles.

Renault Group Business List in Detail

The Renault Group’s business operations encompass a wide array of segments within the automotive industry, ranging from the design, manufacturing, and sales of passenger and commercial vehicles to financial services and new mobility solutions.

1. Automotive Division

Renault: The flagship brand of the group, offering a comprehensive range of passenger cars and light commercial vehicles. Renault is particularly known for its role in popularizing electric vehicles in Europe with models like the Renault ZOE.

Dacia: A subsidiary known for producing affordable, no-frills vehicles that offer good value for money. Popular models include the Duster SUV and the Sandero.

Alpine: A marque revived by Renault for high-performance and sports cars, emphasizing driving pleasure and racing heritage. The A110 is Alpine’s flagship model, embodying the brand’s sports car ethos.

Renault Samsung Motors: Primarily focused on the South Korean market, this subsidiary produces a range of cars based on Renault and Nissan platforms. It is known for models like the SM6 sedan and the QM6 SUV.

2. Renault-Nissan-Mitsubishi Alliance

This strategic partnership between Renault, Nissan, and Mitsubishi leverages shared technologies, production facilities, and market resources. It enables the companies to achieve cost efficiencies and innovate more rapidly, particularly in the areas of electric vehicles and autonomous driving technologies.

3. Financial Services

RCI Banque (Renault Credit International): Provides financial services for the Renault Group’s customer base, offering financing options, leasing, and insurance services for buyers of Renault, Dacia, and Nissan vehicles.

4. New Mobility Services

Mobilize: A brand focused on developing new mobility solutions, including electric and shared vehicle services, aimed at reducing environmental impact and providing flexible mobility options beyond traditional car ownership.

5. Aftermarket and Spare Parts

The Renault Group also engages in the sale of spare parts, accessories, and maintenance services, ensuring the longevity and performance of their vehicles post-sale.

6. Renault Pro+

Tailored specifically for business customers, Renault Pro+ offers a range of commercial vehicles and services designed to meet the varied needs of professional clients, including fleet services.

7. Motorsports and Performance

Renault Sport Racing: Overseeing the brand’s involvement in motorsport, including Formula 1, where Renault has had a long and storied presence. This division is crucial for technological development and brand prestige.

Renault Sport Cars: Develops and manufactures high-performance versions of Renault’s standard vehicles, applying racing technology and know-how to road cars.

8. Research and Development

The Renault Group invests heavily in R&D to innovate in areas like electric vehicles, hybrid technologies, autonomous driving systems, and connectivity features, ensuring the brand remains at the forefront of automotive technology.

9. Global Manufacturing and Logistics

With manufacturing and assembly plants worldwide, the Renault Group ensures a global presence, allowing it to serve various markets efficiently. This network is supported by a sophisticated logistics operation that manages the supply chain for parts and finished vehicles.

10. Sustainability and Corporate Social Responsibility

Committed to reducing its environmental footprint, the Renault Group is actively involved in developing sustainable practices across its operations, from manufacturing to the end-of-life recycling of vehicles.

Top Companies Owned by Renault Group

Given the vast array of entities under the Renault Group umbrella, the following table showcases some of the prominent companies, their founding and acquisition details, founders, and current CEOs, along with their experience in the industry.

Company Name

Founded & Acquired

Founder(s)

CEO (as of last update)

Key Notes

Renault

Founded: 1899

Louis Renault, Marcel Renault, Fernand Renault

Luca de Meo

Core brand of the group, known for a wide range of passenger and commercial vehicles.

Dacia

Founded: 1966, Acquired: 1999

Romanian Government

Denis Le Vot

Offers affordable and reliable vehicles, has seen significant growth in European markets.

Alpine

Founded: 1955, Revived: 2017

Jean Rédélé

Laurent Rossi

High-performance sports cars, leveraging Renault’s extensive experience in motorsports.

Renault Samsung Motors

Acquired: 2000

Samsung

Dominique Signora

Focuses on the South Korean market, offering a blend of Renault and Nissan vehicles.

RCI Banque

Founded: 1974

Renault Group

João Leandro

Financial services arm providing financing, leasing, and insurance solutions.

Lada (AvtoVAZ)

Founded: 1966, Acquired: Majority stake by 2012

Soviet Government

Nicolas Maure

Russian automobile manufacturer, known for its range of passenger and off-road vehicles.

Nissan (Alliance)

Alliance formed: 1999

Masujiro Hashimoto

Makoto Uchida (Nissan CEO)

Strategic partnership with Renault, sharing technology, manufacturing, and markets.

Mitsubishi (Alliance)

Alliance formed: 2016

Iwasaki Yatarō

Takao Kato (Mitsubishi Motors CEO)

Part of the Renault–Nissan–Mitsubishi Alliance, collaboration on technology and development.

Mobilize

Launched: 2021

Renault Group

Clotilde Delbos

Focuses on new mobility services, including electric and shared vehicles.

Renault Sport Racing

Part of Renault group activities

Renault Group

Laurent Rossi

Manages Renault’s motorsports activities, including Formula 1 and Formula E engagements.

Conclusion

The Renault Group’s evolution from a small French workshop to a global automotive conglomerate is a testament to over a century of innovation, resilience, and strategic expansion. With its diverse portfolio of companies and pioneering work in electric vehicles, Renault continues to play a significant role in shaping the future of mobility.

Companies owned by Renault Group-FAQs

When was the Renault Group founded?

The Renault Group was founded in 1899.

What are some of the key companies owned by the Renault Group?

Key companies include Dacia, Alpine, RCI Banque, and Renault Samsung Motors.

Has Renault Group been involved in motorsports?

Yes, Renault has a significant presence in motorsports, notably in Formula 1.

What is Renault known for in the automotive industry?

Renault is known for its innovation in electric vehicles, competitive pricing, and a diverse range of products catering to different market segments.



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